Corbin Charles R. Jr. 4

What Happened

• Corbin Charles R. Jr., Senior Executive Vice President, General Counsel & Corporate Operations, and Secretary of Hilton Grand Vacations (HGV), received a total of 32,141 shares on Feb 20, 2026 through the settlement/conversion of performance-based awards. Of those, 9,648 shares were withheld to satisfy tax withholding obligations at a withholding price of $48.54, producing proceeds of $468,314. The reported transactions are coded as derivative exercises/conversions (M) for the awards and tax withholding (F) for the withheld shares.
• This was not an open-market purchase or voluntary sale: the shares were issued on settlement of performance share units (PSUs) earned based on the company’s compensation committee performance determinations.

Key Details

• Transaction date: 2026-02-20; Form 4 filed 2026-02-24 (check official filing for timeliness).
• Shares issued (acquired): 5,506 @ $0.00 and 26,635 @ $0.00 — total 32,141 shares.
• Shares withheld (disposed for tax): 1,431 @ $48.54 = $69,461 and 8,217 @ $48.54 = $398,853 — total withheld 9,648 shares for $468,314.
• Net new shares to insider after withholding: 22,493 shares (32,141 issued − 9,648 withheld).
• Footnotes: Shares came from settled PSUs under Hilton Grand Vacations’ 2017 and 2023 Omnibus Incentive Plans (performance periods 2023–2025 and 2024–2025). Withholding entries represent shares retained by the issuer to cover taxes.
• Shares owned after the transaction are not specified in the provided summary — see the full SEC Form 4 for total beneficial ownership.

Context

• These transactions are routine award settlements tied to performance goals, not open-market buying or selling that would more directly signal an insider’s market view. The use of share withholding to cover taxes is a common practice for settled equity awards and should be interpreted as tax-related rather than a discretionary sale.