Jacobs Kevin J 4
Research Summary
AI-generated summary
Hilton (HLT) CFO Kevin Jacobs Receives Stock Awards
What Happened
Kevin J. Jacobs, Executive Vice President and Chief Financial Officer of Hilton Worldwide Holdings (HLT), was granted/acquired a total of 47,389 shares on February 25, 2026. The filing shows three award entries: 25,898 shares, 5,704 shares, and 15,787 shares; each reported with an acquisition price of $0.00 (typical for vested awards/grants).
Key Details
- Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (timely filing).
- Reported entries: 25,898 shares (A), 5,704 shares (A), 15,787 shares (A, derivative). Total = 47,389 shares.
- Price: $0.00 reported for each entry (common for vested awards or granted units, not an open-market purchase).
- Footnotes:
- F1: 25,898 shares were earned from previously granted performance-based units and fully vested on Feb 25, 2026 after certification by the compensation committee.
- F2: 5,704 are restricted stock units issued under the Hilton 2017 Omnibus Incentive Plan that vest in two equal annual installments beginning Mar 3, 2027 (a grant, not immediate free stock).
- F3: Reflects indirect ownership via a family trust for which the reporting person’s spouse is trustee.
- F4: Indicates an option vesting schedule (option vests in three equal annual installments beginning Mar 3, 2027) related to the derivative entry.
- Shares owned after the transactions are not specified in the provided filing excerpt.
Context
These entries are compensation-related awards and vesting events—not open-market purchases or sales. An acquisition price of $0.00 on Form 4 is standard for shares issued at vesting/grant and does not imply a cash purchase. For investors, such insider awards reflect executive compensation rather than a direct bullish or bearish trade signal.
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