Park Hotels (PK) Director Patricia Bedient Receives 1,923 Shares

What Happened
Patricia Bedient, a director of Park Hotels & Resorts Inc. (PK), was granted 1,923 shares of the company's common stock on 2026-09-23 as an award in lieu of cash board fees. The Form 4 lists the acquisition price as $0.00 (award/grant); per the filing footnote the shares were issued in lieu of third‑quarter 2026 cash fees and vested immediately. The award’s market value equals the NYSE closing price on the grant date multiplied by 1,923 (the filing does not list that dollar amount).

Key Details

• Transaction date: 2026-09-23; Form 4 filed: 2026-09-24 (timely).
• Transaction type/code: A — Award/Grant; 1,923 shares acquired at $0.00 (award).
• Shares owned after transaction: not disclosed in the filing.
• Footnote: Award elected under the Park Hotels & Resorts Inc. 2017 Stock Plan for Non-Employee Directors; granted on the fifth business day prior to the usual payment date (Sept 30, 2026) and vested immediately. Market value based on NYSE closing price on grant date.
• No indication of a 10b5-1 plan, tax withholding, or immediate sale in this filing.

Context
This was a compensation award (shares issued in lieu of cash director fees), not an open‑market buy or sale. Such grants are routine for non‑employee directors and reflect compensation policy rather than a direct personal investment decision by the insider.