Olander Jill C 4

What Happened
Jill C. Olander, EVP Human Resources of Park Hotels & Resorts (PK), surrendered 2,350 shares on Feb 17, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock. The shares were valued at $11.20 each, for a total of $26,320. This was a tax-withholding share surrender (transaction code F), not an open-market sale or purchase.

Key Details

• Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (appears timely within the 2-business-day filing window).
• Shares surrendered: 2,350 at $11.20 per share; total value $26,320.
• Reason: Withholding to cover taxes on 4,690 restricted shares that vested and were delivered to the reporting person.
• Price basis: Withholding price per share was the NYSE closing price on Feb 13, 2026 (used per the restricted stock agreement).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Transaction type: Code F — tax withholding via share surrender (routine administrative action).

Context
This was a cashless/tax-withholding surrender related to vested restricted stock, a common administrative step that does not necessarily signal insider buying or selling intent. Such transactions typically reflect tax obligations rather than a change in confidence about the company.