Form 4: United Parks & Resorts Officer Sells Shares
SEC Form 4 Filing
Byron Surrett, Chief Park Operations Officer at United Parks & Resorts, sold 7,008 shares of common stock on March 10, 2025, at a weighted average price of $48.90.
Summary
- Byron Surrett, a Chief Park Operations Officer at United Parks & Resorts Inc., reported a transaction involving the sale of company stock.
- On March 10, 2025, Surrett sold 7,008 shares of common stock at a weighted average price of $48.90.
- Following the transaction, Surrett directly owns 11,050 shares of United Parks & Resorts Inc.
- The sale was executed under transaction code 'S', indicating a sale on the open market.
- Surrett has granted power of attorney to several individuals, including G. Anthony (Tony) Taylor, Laurie Beechner, Jeffrey Schwartz, Daniel Bollinger, and James W. Forrester, Jr., to handle SEC filings related to his ownership of United Parks & Resorts Inc. securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an officer's stock sale, which doesn't inherently indicate positive or negative sentiment. It's a neutral disclosure of a transaction.
Industry Context
This filing is a routine disclosure of a transaction by a company insider, which is a common occurrence in the corporate world. Investors often monitor these filings for insights into management's perspective on the company's stock and future prospects.
Stakeholder Impact
- The stock sale by an officer could be perceived differently by stakeholders; some might see it as a lack of confidence, while others might view it as a personal financial decision.
Key Dates
| Date | Description |
|---|---|
| 2024-08-01 | Date of Power of Attorney grant by Byron Surrett. |
| 2025-03-10 | Date of stock sale transaction. |
| 2025-03-11 | Date of signature on the Form 4 filing. |
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