Morey Thomas C 4

What Happened
Thomas C. Morey, EVP & Chief Investment Officer of Park Hotels & Resorts (PK), surrendered 5,951 shares of company stock on Feb 17, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock. The shares were valued at $11.20 each, for a total withholding value of $66,651. This was a tax-withholding disposition (transaction code F), not an open-market sale or a purchase.

Key Details

• Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (appears timely).
• Price used for withholding: $11.20 per share (NYSE close on Feb 13, 2026).
• Shares surrendered: 5,951 shares; restricted stock delivered on vesting: 12,106 shares.
• Total value surrendered: $66,651.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Shares were surrendered to satisfy tax withholding under the company’s 2017 Omnibus Incentive Plan; withholding price was NYSE closing price on the trading day immediately prior to delivery (Feb 13, 2026).

Context
This was a routine tax-withholding transaction tied to the vesting of restricted stock (an award). Surrenders to cover withholding are common for executives and do not necessarily indicate a view on the company’s prospects.