NASSETTA CHRISTOPHER J 4
4 · Hilton Worldwide Holdings Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Hilton CEO Christopher Nassetta Receives 158,938 Stock Awards
What Happened
- Christopher J. Nassetta, President and Chief Executive Officer of Hilton Worldwide Holdings (HLT), was credited with a total of 158,938 shares on February 25, 2026 through awards/vesting. The filing shows three award entries: 86,662 shares, 19,183 shares, and 53,093 shares; all reported at $0 per share (awarded/vested, not purchased). The aggregate reported value is $0 because these were awards/vested equity rather than open-market purchases.
Key Details
- Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (filed timely under Section 16 reporting rules).
- Award breakdown: 86,662 shares (performance-based shares earned and fully vested — F1), 19,183 restricted stock units (RSUs — F2), and 53,093 shares reported as a derivative acquisition (conversion of performance-based units into common stock — F1/F3 classification).
- Price reported: $0.00 per share (awards/vesting).
- Shares owned after transaction: not explicitly stated in the provided excerpt of the filing.
- Notable footnotes:
- F1: Performance-based units from a prior 2023 grant that vested upon certification by the compensation committee.
- F2: RSUs that were granted and will vest in two equal annual installments beginning March 3, 2027.
- F3/F4: Some shares are held indirectly via Harwood Road LLC and a revocable trust; the reporting person disclaims beneficial ownership except to the extent of pecuniary interest.
- F5 (contextual): referenced option vesting schedule for other awards (vests in three equal installments from March 3, 2027).
- Filing timeliness: No late filing indicated (transaction on 2/25/26; Form 4 filed 2/27/26).
Context
- This was not a market purchase or sale; it reflects compensation-related equity (performance units converting to shares and RSU grants). Such awards are routine executive compensation and do not by themselves indicate a buying or selling signal.
- The performance-based component (F1) indicates these shares were earned based on company performance goals and continued employment and were certified by Hilton’s compensation committee before vesting. The RSUs (F2) include future vesting conditions and will vest over time per the plan.
Insider Transaction Report
Form 4
NASSETTA CHRISTOPHER J
DirectorSee Remarks
Transactions
- Award
Common Stock
[F1]2026-02-25+86,662→ 123,107 total - Award
Common Stock
[F2]2026-02-25+19,183→ 142,290 total - Award
Employee Stock Option (right to buy)
[F5]2026-02-25+53,093→ 53,093 totalExercise: $313.35Exp: 2036-02-25→ Common Stock (53,093 underlying)
Holdings
- 801,716(indirect: See Footnote)
Common Stock
[F3] - 2,714,228(indirect: See Footnote)
Common Stock
[F4]
Footnotes (5)
- [F1]Represents shares earned in connection with the performance-based units previously granted and unreportable on March 2, 2023 pursuant to the Hilton 2017 Omnibus Incentive Plan. Shares were earned based upon the level of attainment of certain performance objectives and continued employment. These shares fully vested on February 25, 2026 following certification by the issuer's compensation committee.
- [F2]Represents restricted stock units of the Issuer issued pursuant to the Hilton 2017 Omnibus Incentive Plan, which vest in two equal annual installments beginning on March 3, 2027.
- [F3]These shares of common stock are held by Harwood Road LLC, a limited liability company. A revocable living trust, of which Mr. Nassetta is the trustee and a beneficiary, serves as the managing member of Harwood Road LLC. 99% of the economic interests in the limited liability company are held by a family trust for the benefit of Mr. Nassetta's children and the remaining 1% is held by the aforementioned living trust. The Reporting Person states that this filing shall not be deemed to be an admission that the Reporting Person is the beneficial owner of any securities reported herein as indirectly held, and disclaims beneficial ownership of such securities, except to the extent of such Reporting Person's pecuniary interest therein.
- [F4]These shares of common stock were previously reported as directly owned and have been transferred to a revocable trust, of which the reporting person is the trustee. This transfer was exempt from reporting under Rule 16a-13.
- [F5]The option vests in three equal annual installments beginning on March 3, 2027.
Signature
/s/ James O. Smith, Attorney-in-Fact|2026-02-27