Form 4: United Parks & Resorts Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Kyle Robert Miller, an officer at United Parks & Resorts, disposed of 350 shares of common stock on April 14, 2025, to cover tax liabilities related to vesting restricted stock.
Summary
- On April 14, 2025, Kyle Robert Miller, an officer of United Parks & Resorts Inc. [PRKS], disposed of 350 shares of common stock.
- The transaction was executed to cover tax obligations arising from the vesting of restricted stock.
- The shares were sold at a price of $49.65 per share.
- Following the transaction, Miller directly owns 11,761 shares of United Parks & Resorts Inc.
Sentiment
Score: 5
Explanation: This is a routine transaction to cover tax obligations, so it's neutral in sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. This provides transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/14/2025 | Date of transaction: Kyle Robert Miller disposed of 350 shares of common stock. |
| 04/16/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, United Parks & Resorts, PRKS, Insider Trading, Kyle Robert Miller, Stock Sale, Tax Liabilities, Restricted Stock
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