Miller Kyle Robert 4
Research Summary
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United Parks (PRKS) CFO Kyle Miller Shares Withheld for Taxes
What Happened Kyle Robert Miller, Chief Financial Officer and Treasurer of United Parks & Resorts, had 350 restricted shares withheld by the company to satisfy tax withholding obligations related to vesting. The shares were valued at $35.17 each for a total of approximately $12,310. This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-03-05
- Price per share: $35.17; Shares withheld: 350; Total value: ~$12,310
- Filing date: 2026-03-09 — timely (filed within the standard two business-day window)
- Shares owned after the transaction: Not disclosed in this filing
- Footnote: F1 — shares were withheld by the company to pay tax liability incident to the vesting of restricted stock
- Insider role: Kyle Robert Miller — Chief Financial Officer and Treasurer
Context Tax-withholding dispositions (often called "sell-to-cover" or share withholding) are routine when restricted stock vests; they reduce the insider's reported share count but do not indicate an open-market trade or necessarily reflect the insider's view on the company. This filing documents withholding to satisfy taxes rather than a discretionary sale.