NATELLI THOMAS A 4

4 · Park Hotels & Resorts Inc. · Filed Apr 28, 2026

AI-generated summary of this filing

Updated Apr 28, 2026

Park Hotels & Resorts (PK) Director Thomas Natelli Receives Award

What Happened

Thomas A. Natelli, a director of Park Hotels & Resorts, was granted 13,839 restricted shares on April 24, 2026. The grant was reported on a Form 4 filed April 28, 2026. The award was granted at no cash purchase price (reported price $0) under the company's non-employee director equity plan.

Key Details

Transaction type: Award/Grant (code A).
Transaction date: April 24, 2026; Form 4 filed April 28, 2026 (appears timely).
Shares granted: 13,839 restricted common shares; grant price: $0 (no cash paid).
Vesting: Shares will vest in full on April 30, 2027, or earlier if the 2027 annual meeting is held before that date (per footnote).
Ownership notes from filing:
- F1: Award made under the Issuer's 2017 Stock Plan for Non-Employee Directors (amended Apr 25, 2025) for service through the 2027 annual meeting.
- F2/F3: The filing also notes other holdings are held via entities (a limited partnership and an LLC) in which Mr. Natelli is a 50% owner and serves as president/managing member.
Shares owned after the transaction: not specified in the details provided.

Context

This is a standard director compensation award (restricted stock) for board service, not an open-market purchase or sale. Such grants are routine for non-employee directors and vest over time; they do not by themselves indicate an immediate buy or sell signal.

Form 4

Period: 2026-04-24

Director

Transactions

Holdings

Footnotes (3)

[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. Natelli'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).
[F2]Shares are owned by a limited partnership, of which the reporting person is a 50% owner and the president of the limited partnership's general partner.
[F3]Shares are owned by a limited liability company, of which the reporting person is a 50% owner and managing member.

Signature

/s/ Nancy Vu, as Attorney-in-Fact|2026-04-28

1 file