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Park Hotels & Resorts Inc. — Director's Dealing 2024
Mar 26, 2024
31572_dirs_2024-03-26_51088cdf-be88-4a31-95d9-bcdb1f088897.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Park Hotels & Resorts Inc. (PK)
CIK: 0001617406
Period of Report: 2024-03-22
Reporting Person: SADOVE STEPHEN I (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-22 | Common Stock | A | 1832 | — | Acquired | 50853 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 20000 | Indirect |
| Common Stock | 23816 | Indirect |
Footnotes
F1: The reporting person has elected to receive an award of shares of the issuer's unrestricted common stock ("Common Stock") under the Park Hotels & Resorts Inc. 2017 Stock Plan for Non-Employee Directors, as amended, in lieu of cash fees payable to the reporting person for service on the issuer's board of directors during the 1st quarter of 2024 ("Board Fee"). The Common Stock was granted on the fifth business day prior to the date that such fees would otherwise have been payable, March 22, 2024, and vested immediately. The Common Stock had a market value based on the closing sales price of the issuer's common stock reported on the New York Stock Exchange on the grant date.
F2: Shares are held by the Sadove Family Delaware Dynasty Trust, of which the reporting person has a pecuniary interest.
F3: Shares are held by the Stephen I. Sadove Revocable Trust, of which the reporting person serves as the trustee.