NASSETTA CHRISTOPHER J 4

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.