GURNIK GORDON 4

What Happened
Gurnik Gordon, Senior Executive Vice President & Chief Operating Officer of Hilton Grand Vacations (HGV), received 29,831 shares on Feb 20, 2026 through the settlement/conversion of performance-based equity awards (recorded as derivative exercises). To satisfy tax withholding, 11,820 of those shares were withheld by the company (reported as dispositions) at $48.54 per share, generating approximately $573,743 in withholding proceeds. The issued shares show an acquisition price of $0.00, reflecting settlement of earned performance share units.

Key Details

• Transaction date: 2026-02-20; Form 4 filed: 2026-02-24 (filed within the required reporting window).
• Shares issued (acquired): 8,523 and 21,308 (total 29,831) at $0.00 (settlement of performance share units).
• Shares withheld/disposed for taxes: 3,435 and 8,385 (total 11,820) at $48.54 each; total withholding ≈ $573,742.80.
• Net shares retained by insider after withholding: 18,011 (29,831 − 11,820).
• Footnotes: F1/F3 — shares earned from Performance Share Units under the 2017 and 2023 Omnibus Incentive Plans for performance periods ending Dec 31, 2025; F2/F4 — issuer withheld shares to satisfy tax withholding.
• Shares owned after the transaction: not disclosed in the filing.

Context
These transactions reflect the settlement of earned performance share units (not an open-market purchase or a discretionary sale). The withholding of shares by the issuer to cover tax obligations is common in equity award settlements and should not be interpreted as a voluntary market sale by the insider. The Form 4 was filed on Feb 24, 2026 for transactions dated Feb 20, 2026, which meets the standard reporting timing requirement.