Hernandez Carlos 4

What Happened
Carlos Hernandez, Senior Vice President & Chief Accounting Officer of Hilton Grand Vacations, had shares withheld by the issuer to satisfy tax withholding on restricted stock unit (RSU) vestings. On 2026-03-05 the issuer withheld 462 shares at $45.27 per share (disposed value $20,915). On 2026-03-06 the issuer withheld 368 shares at $43.54 per share (disposed value $16,023). The combined withholding disposed of 830 shares for a total of $36,938.

Key Details

• Transaction dates and prices: 2026-03-05 — 462 shares @ $45.27 ($20,915); 2026-03-06 — 368 shares @ $43.54 ($16,023).
• Transaction code: F (shares withheld to satisfy tax withholding). Disposition listed as "Disposed" because the issuer retained shares to cover taxes.
• Footnotes: F1 — withholding in connection with vesting of an aggregate of 1,173 RSUs; F2 — withholding in connection with vesting of an aggregate of 935 RSUs.
• Shares owned after the transactions: not specified in the provided filing details.
• Filing/timeliness: Form 4 filed 2026-03-09 for transactions on 2026-03-05 and 2026-03-06; filing appears timely under standard two-business-day rules.

Context
This was a routine tax-withholding event tied to RSU vesting (issuer-retained shares), not an open-market sale or purchase. Such withholdings are common and typically reflect tax obligations rather than a deliberate decision to liquidate shares as a market sentiment signal.