Mayfield Carl A. 4

What Happened
Carl A. Mayfield, EVP, Design and Construction at Park Hotels & Resorts (PK), had 9,148 restricted shares vest on Feb 17, 2026 and surrendered 4,584 of those shares to the company to satisfy tax withholding obligations. The withholding used a price of $11.20 per share (NYSE close on Feb 13, 2026), resulting in 4,584 shares withheld valued at $51,341. This was a routine tax-withholding disposition, not an open-market sale or purchase.

Key Details

• Transaction date: February 17, 2026 (reported Feb 19, 2026) — filing appears timely.
• Withheld/disposed: 4,584 shares at $11.20 per share — total value $51,341.
• Restricted shares delivered/vested: 9,148 shares (delivery on Feb 17, 2026).
• Footnote: Price for withholding set at NYSE closing price on Feb 13, 2026 per the Restricted Stock Agreements.
• Shares owned after transaction: Not specified in the Form 4.

Context
This was a tax-withholding action (transaction code F) related to restricted stock vesting — a common administrative transaction that does not indicate a purchase decision or open-market sale. It simply reflects shares surrendered to cover required taxes upon vesting.