Bedient Patricia M 4

What Happened
Patricia M. Bedient, a director of Park Hotels & Resorts (PK), was granted 13,839 restricted shares on April 24, 2026. The shares were awarded at no cash cost (reported price $0.00) as compensation for Board service; the reported transaction code is "A" (award/grant).

Key Details

• Transaction date: 2026-04-24 (reported on Form 4 filed 2026-04-28). Filing was within the 2-business-day window and is timely.
• Award: 13,839 restricted shares; reported price $0.00; total cash paid $0.
• Vesting: Shares vest in full on April 30, 2027 (or earlier if the 2027 annual meeting is held before that date). This award covers service from April 24, 2026 through the date of the 2027 annual meeting. (See footnote F1.)
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Plan: Award made under the Issuer's 2017 Stock Plan for Non-Employee Directors (as amended and restated April 25, 2025).

Context
This is a routine restricted stock award to a non-employee director as compensation for board service. Such grants are common and reflect compensation practices rather than an insider buying or selling stock; the shares are subject to time-based vesting before they become unrestricted.