Kelly Christie B. 4

What Happened

• Kelly Christie, a director of Park Hotels & Resorts Inc. (PK), was awarded 2,842 shares of the company's common stock on March 24, 2026. The Form 4 records the transaction as an acquisition/award (code A) at $0.00 per share (reported acquisition value $0). The award was granted in lieu of cash board fees and vested immediately.

Key Details

• Transaction date: March 24, 2026; Form 4 filed March 26, 2026 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares granted: 2,842 shares; reported price on Form 4: $0.00 (award, not an open-market purchase).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The reporting person elected to receive unrestricted common stock under the Park Hotels & Resorts 2017 Stock Plan for Non-Employee Directors in lieu of cash fees for Q1 2026. The shares were granted on the fifth business day before the fees would have been payable and vested immediately. The award’s economic value equals the NYSE closing price on the grant date (not listed in the excerpt).

Context

• This is a routine director compensation issuance (stock in lieu of cash fees), not an open-market buy or sale. Such awards are common for non-employee directors and do not necessarily indicate a personal market view.