Mabus Raymond E 4

What Happened

• Raymond E. Mabus, a director of Hilton Worldwide Holdings Inc. (HLT), was granted 742 deferred share units (reported as an acquisition) on 2026-05-14. The Form 4 reports the acquisition price as $0 for a total reported value of $0. This was an award/compensation grant, not a market purchase or sale.

Key Details

• Transaction date: 2026-05-14; Filing date: 2026-05-18 (filed four days after the transaction—investors may note typical Form 4 deadlines are within two business days).
• Transaction type/code: Award/Grant (A) — 742 units acquired at $0.00 per unit.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote: The 742 units are deferred share units (DSUs) under the Hilton Amended and Restated 2017 Omnibus Incentive Plan. Each DSU represents one share and is fully vested, but the underlying shares will be issued upon the earliest of (i) termination of director service, (ii) a change in control, or (iii) the second anniversary of the grant date.

Context

• DSUs are a form of deferred compensation and do not represent immediately tradable common stock; they become actual shares only upon the triggering events described above. Awards like this are routine director compensation and do not, by themselves, indicate a buy or sell signal.