Piantedosi Joseph M. 4

What Happened
Joseph M. Piantedosi, EVP, Asset Management of Park Hotels & Resorts (PK), surrendered 1,634 shares to the company on Feb 17, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock. The withheld shares were valued at $11.20 each, totaling $18,301. A total of 3,623 restricted shares vested and were delivered to Piantedosi on Feb 17, 2026; 1,989 net shares were retained after withholding (3,623 vested − 1,634 surrendered). This was a tax-withholding disposal (routine), not an open-market sale.

Key Details

• Transaction date: 2026-02-17; Form 4 filed 2026-02-19 (appears timely).
• Disposition: 1,634 shares surrendered at $11.20 per share; reported value $18,301.
• Vesting: 3,623 restricted shares vested and were delivered on Feb 17, 2026.
• Net shares received: 1,989 (3,623 vested − 1,634 surrendered).
• Footnote: Withholding pursuant to the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan; the price used to determine tax withholding was the NYSE closing price on Feb 13, 2026.
• Shares owned after transaction: Not specified in the provided filing.
• Transaction code: F (tax withholding).

Context
Surrendering shares to cover taxes on vested restricted stock is a common, administrative action and does not necessarily indicate a decision to sell holdings in the open market. The filing shows a net increase in Piantedosi’s holdings of 1,989 shares from this vesting event after withholding.