4Filed Sep 9, 8:00 PM ET
Park Hotels (PK) EVP Nancy Vu Receives Restricted Share Award
$PK · Park Hotels & Resorts Inc.Research Summary
AI-generated summary of this SEC filing
Park Hotels (PK) EVP Nancy Vu Receives Restricted Share Award
What Happened
Nancy M. Vu, EVP, General Counsel & Secretary of Park Hotels & Resorts (PK), received an award of 66,312 restricted shares on 2026-09-03. The Form 4 reports the acquisition price as $0.00 because this was a compensation grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-09-03; Form 4 filed: 2026-09-10 (filed 7 days after the transaction). This filing appears late under Section 16 (Form 4s are normally due within 2 business days).
- Transaction type/code: Award/Grant (A).
- Shares granted: 66,312 restricted common shares; acquisition price reported: $0.00.
- Shares owned after transaction: not disclosed on this Form 4.
- Footnote: Award made under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan; the shares vest in full on the fourth anniversary of the grant date, subject to continued service.
Context
This is a compensation grant (restricted stock) rather than a purchase or sale, so it reflects standard equity-based pay/retention rather than a direct trading signal about the insider’s view of the stock. The late filing may be a reporting issue under Section 16 timing rules and could be noted by investors tracking timely insider disclosures.