Pursuit Attractions & Hospitality, Inc.·4

Mar 3, 4:03 PM ET

Crestview IV VC TE Holdings, LLC 4

4 · Pursuit Attractions & Hospitality, Inc. · Filed Mar 3, 2026

Research Summary

AI-generated summary of this filing

Updated

Pursuit (PRSU) 10% Owner Receives 3,596 RSU Award

What Happened

  • Crestview Partners IV GP, L.P. (a reported 10% owner) received an award of 3,596 restricted stock units (RSUs) on 2026-03-01. The transaction is reported as an award/grant (code A) at $0.00 per share (total reported acquisition value $0).
  • The RSUs were granted under Pursuit Attractions & Hospitality, Inc.’s Omnibus Incentive Plan and were issued to Brian P. Cassidy (a board member and Partner at Crestview-related entities) and assigned to Crestview Advisors, L.L.C., per the filing. The RSUs are scheduled to vest on March 1, 2027.

Key Details

  • Transaction date: 2026-03-01; filing date: 2026-03-03 (Form 4 filed timely).
  • Reported grant: 3,596 RSUs @ $0.00 (acquisition amount $0).
  • Shares owned after transaction: Not specified in the Form 4 for the reporting person.
  • Notable footnotes:
    • F1/F2: RSUs granted to Brian Cassidy (and referenced for Patrick LaValley) and assigned to Crestview Advisors, L.L.C.; F2 notes 1,276 RSUs that vested upon LaValley’s separation.
    • F3/F4: Crestview Partners IV GP, L.P. may be deemed beneficial owner of shares held by Crestview funds; Cassidy is a director and a partner in Crestview entities.
    • F5: The reporting persons disclaim beneficial ownership except to the extent of pecuniary interest.
  • Remarks include Exhibit 99.1 (Joint Filer Statement).

Context

  • This is a grant of RSUs (a deferred equity award), not an open-market purchase or sale. RSUs generally convert to shares only upon vesting and do not represent immediate sale proceeds or cash investment.
  • The reporting entity is an institutional/affiliate holder tied to an individual director (Brian Cassidy). Institutional grants assigned to an affiliate are common and do not necessarily signal personal trading intent.

Insider Transaction Report

Form 4
Period: 2026-03-01
Transactions
  • Award

    Common Stock

    [F1][F2][F4][F5]
    2026-03-01+3,59630,490 total(indirect: See Footnotes)
Holdings
  • Common Stock

    [F3][F4][F5]
    (indirect: See Footnotes)
    6,674,234
Footnotes (5)
  • [F1]Represents an award of restricted stock units ("RSUs") with respect to Common Stock of the Issuer, par value $1.50 per share ("Common Stock") granted to Brian P. Cassidy under the Issuer's Omnibus Incentive Plan (as amended, the "Plan"). The RSUs are scheduled to vest on March 1, 2027, subject to the terms of the Plan and the applicable award agreement issued thereunder. Mr. Cassidy has assigned all rights, title and interest in the RSUs (including the shares of Common Stock thereunder) granted to him to Crestview Advisors, L.L.C.
  • [F2]Represents restricted stock units ("RSUs") with respect to Common Stock granted to Brian P. Cassidy and Patrick LaValley under the Plan. Each of Messrs. Cassidy and LaValley has assigned all rights, title and interest in the RSUs (including the shares of Common Stock thereunder) granted to him to Crestview Advisors, L.L.C. Includes RSUs with respect to 1,276 shares that vested upon Mr. LaValley's resignation from the board of directors of the Issuer and his separation from Crestview Advisors, L.L.C.
  • [F3]Represents shares held by Crestview IV VC TE Holdings, LLC, Crestview IV VC Holdings L.P. and Crestview IV VC CI Holdings, L.P. (collectively, the "Crestview Funds"). Crestview Partners IV GP, L.P. may be deemed to have beneficial ownership of the shares of Common Stock held by the Crestview Funds. Crestview Partners IV GP, L.P. exercises voting and dispositive power over the shares of Common Stock held by the Crestview Funds, which decisions are made by the investment committee of Crestview Partners IV GP, L.P. and the chairman of such investment committee.
  • [F4]Mr. Cassidy is a member of the Issuer's board of directors. Mr. Cassidy is a Partner of Crestview, L.L.C. (which is the general partner of Crestview Partners IV GP, L.P.) and Crestview Advisors, L.L.C. (which provides investment advisory and management services to investment funds owning interests in the Crestview Funds).
  • [F5]Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein.
Signature
By: Crestview, L.L.C., the general partner of the Designated Filer, By: /s/ Poojitha Mantha, Chief Compliance Officer|2026-03-03

Documents

2 files