BEGLEY CHARLENE T 4
Research Summary
AI-generated summary
Hilton (HLT) Director Charlene Begley Receives Award — 5.855 Shares
What Happened
Charlene T. Begley, a director of Hilton Worldwide Holdings Inc. (HLT), received an award of 5.855 shares reported as an acquisition on 2026-06-30. The filing shows an acquisition price of $0.00 (total reported value $0) because these shares represent dividend equivalent rights credited to deferred share units rather than a cash purchase.
Key Details
- Transaction date: 2026-06-30; reported on Form 4 filed 2026-07-01 (timely filing; no late filing indicated).
- Transaction type/code: Award/Grant (A) — 5.855 shares acquired at $0.00.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: F1 — "Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred share units."
- No 10b5-1 plan, tax withholding, or sale noted in this filing.
Context
These are dividend-equivalent credits tied to director compensation (deferred share units), not an open-market purchase. Such awards are routine for non-employee directors and do not by themselves indicate additional bullish or bearish insider sentiment. The economic value will depend on Hilton's share price when the deferred units are settled.