Form 4: United Parks & Resorts Officer Reports Stock Transactions Following Incentive Plan Settlements

Kyle Robert Miller, Chief Park Operations Officer at United Parks & Resorts, reports acquiring and disposing of common stock related to performance-based restricted stock unit awards.

Summary

• On March 8, 2024, Kyle Robert Miller, Chief Park Operations Officer at United Parks & Resorts Inc., reported transactions involving the company's common stock.
• Miller acquired shares through the settlement of performance-based restricted stock unit awards related to the 2019 and 2021 Long Term Incentive Plans.
• He acquired 2,918 shares, 6,303 shares, 4,135 shares and 1,228 shares at $0.
• Simultaneously, shares were withheld by the company to cover tax liabilities associated with the vesting of restricted stock.
• A total of 709 shares, 1,535 shares, 1,007 shares and 344 shares were disposed of at $52.54.
• Following these transactions, Miller directly owns 38,961 shares of United Parks & Resorts Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company officer, which is common in publicly traded companies. It provides transparency into the trading activities of insiders.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation mechanisms.

Key Dates