United Parks & Resorts Inc. 8-K/A

What Happened United Parks & Resorts (PRKS) filed an 8‑K/A on December 19, 2025 to amend a prior 8‑K (filed Oct. 28, 2025) about the appointment of James W. Forrester, Jr. as Interim Chief Financial Officer and Treasurer effective November 15, 2025. On December 15, 2025 the company approved compensation adjustments that include a one‑time restricted stock unit (RSU) grant with a grant‑date fair value of $500,000 and a contingent additional RSU grant worth $500,000 if Mr. Forrester remains Interim CFO on November 14, 2026. Each grant vests in four equal annual installments from the grant date.

Key Details

• Appointment effective date: November 15, 2025; amendment filed in 8‑K/A on December 19, 2025.
• Initial RSU grant: $500,000 grant‑date fair value, approved Dec. 15, 2025; vests in four equal annual installments.
• Contingent RSU grant: $500,000 grant‑date fair value if still Interim CFO on Nov. 14, 2026; vests in four equal annual installments.
• Acceleration: if the company terminates Mr. Forrester other than for cause, any unvested portion of each award will immediately vest.
• No change to annual base salary, annual bonus opportunity, or long‑term incentive opportunity; he will continue under the company’s Key Employee Severance Plan.
• Company will reevaluate his compensation if he remains Interim CFO through Feb. 14, 2026.

Why It Matters This filing documents equity‑based retention/compensation for the company’s interim finance chief rather than cash salary increases. The RSU grants represent up to $1 million in grant‑date value and will be recorded as equity compensation expense over the vesting period and can cause share dilution as they vest. The acceleration-on‑termination clause increases potential near‑term cost if Mr. Forrester is terminated without cause. For investors, the key takeaways are the use of equity to retain financial leadership and that base pay and bonus opportunities were not increased.