Garrett Geoffrey 4
4 · Park Hotels & Resorts Inc. · Filed Apr 28, 2026
Research Summary
AI-generated summary of this filing
Park Hotels (PK) Director Geoffrey Garrett Receives Award of 13,839 Shares
What Happened Geoffrey Garrett, a director of Park Hotels & Resorts Inc. (PK), received an award of 13,839 restricted common shares on April 24, 2026. The shares were granted at $0.00 (a compensation award rather than a purchase), and the award will vest in full on April 30, 2027 (or earlier if the 2027 annual meeting is held sooner). This is an equity compensation grant for board service, not an open-market purchase or sale.
Key Details
- Transaction date: April 24, 2026. Report filed: April 28, 2026 (appears timely under Form 4 rules).
- Transaction type/code: A (award/grant). Price reported: $0.00 (restricted stock grant).
- Shares granted: 13,839 restricted shares.
- Shares owned after transaction: not specified in the information provided.
- Footnote: Award made 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; full vesting on April 30, 2027 (or earlier if the 2027 meeting occurs sooner).
Context Restricted-stock awards to non-employee directors are routine compensation for board service and do not represent an open-market purchase or sale. These shares generally vest only if service conditions are met, so they reflect compensation entitlement rather than an immediate insider market signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-24+13,839→ 68,529 total
Footnotes (1)
- [F1]Represents an award of restricted stock pursuant to the Issuer's 2017 Stock Plan for Non-Employee Directors (as amended and restated as of April 25, 2025) in connection with Mr. Garrett's service on the Issuer's Board of Directors for the period from April 24, 2026 through (and including) the date of the Issuer's 2027 annual meeting of stockholders. Such shares will vest in full on April 30, 2027 (or, if earlier, the date on which the Issuer's 2027 annual meeting of stockholders is held).