Dell'Orto Sean M. 4

What Happened
Sean M. Dell'Orto, EVP, Chief Financial Officer and Treasurer of Park Hotels & Resorts Inc. (PK), surrendered 6,825 shares on February 17, 2026 to satisfy tax withholding obligations related to the vesting and delivery of 15,132 restricted shares. The shares surrendered were valued at $11.20 each, for a total of $76,440. This was a non‑market disposition to cover taxes (transaction code F), not an open‑market sale.

Key Details

• Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (appears timely within the two-business‑day window).
• Shares surrendered/disposed: 6,825 at $11.20 per share; total value $76,440.
• Award delivered: 15,132 restricted shares were delivered to Dell'Orto on February 17, 2026.
• Footnote: The per‑share price used to calculate withholding ($11.20) was the NYSE closing price on February 13, 2026, per the Restricted Stock Agreements.
• Transaction code: F — payment of exercise price or tax liability via share surrender.
• Shares owned after transaction: not specified in the provided filing excerpt.

Context
This was a routine tax‑withholding event tied to the vesting/delivery of restricted stock. Such share surrenders to satisfy tax obligations are common and do not necessarily signal a change in the insider's market view.