Park Hotels & Resorts (PK) EVP Jill Olander Receives Restricted Shares

What Happened

• Jill C. Olander, Executive Vice President, Human Resources of Park Hotels & Resorts (PK), received a grant of 66,312 restricted shares on 2026-09-03. The grant price is reported as $0.00 (transaction code A), so the immediate cash value recorded is $0. The shares vest in full on the fourth anniversary of the grant (2030-09-03), subject to her continued service.

Key Details

• Transaction date: 2026-09-03. Filing date (Form 4): 2026-09-10.
• Shares granted: 66,312 restricted shares; reported acquisition price: $0.00 (total $0).
• Vesting: In full on the fourth anniversary of the grant date (2030-09-03), contingent on continued service (see footnote).
• Plan/approval: Award made under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan and approved by the Compensation & Human Capital Committee (per footnote).
• Shares owned after transaction: Not specified in the provided filing.
• Timeliness: The Form 4 was filed seven days after the grant date, later than the typical SEC 2-business-day reporting window for insider transactions; this appears to be a late filing.

Context

• This is a compensation award (restricted stock), not a market purchase or sale. Restricted shares generally cannot be sold until they vest and may be forfeited if the executive leaves before vesting, so this grant does not reflect an immediate bullish or bearish market action.
• For retail investors, such awards are routine executive compensation intended to retain employees and align incentives; they are informative about pay structure but do not directly change market float until vesting and any subsequent sale.