Kelly Christie B. 4
Research Summary
AI-generated summary
Park Hotels (PK) Director Kelly Christie Receives 13,839-Share Award
What Happened
- Kelly B. Christie, a director of Park Hotels & Resorts (PK), was awarded 13,839 restricted shares on April 24, 2026. The grant was reported at $0.00 per share (no cash purchase); total reported value $0. These shares are compensation for board service rather than an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-04-24 — Award/Grant of restricted stock (code A).
- Shares granted: 13,839 at $0.00 per share (total reported value $0).
- Vesting: The award vests in full on April 30, 2027 (or earlier if the 2027 annual meeting is held before that date).
- Award plan: Issued under the Issuer’s 2017 Stock Plan for Non-Employee Directors (as amended and restated April 25, 2025); covers service from April 24, 2026 through the 2027 annual meeting.
- Shares owned after transaction: Not disclosed in the filing.
- Timeliness: Filing dated April 28, 2026 was submitted and no late-filing flag is indicated on the Form 4.
Context
- This is a standard restricted stock award for non-employee directors tied to service and future vesting; it is compensation, not an immediate market buy or sell. Such grants are common for board members and do not by themselves indicate a buy/sell signal for investors.