Wang Mark D 4

What Happened
Mark D. Wang, Chief Executive Officer of Hilton Grand Vacations (HGV), had shares withheld by the company to satisfy tax withholding on vested restricted stock units. On 2026-03-05, 6,679 shares were withheld at $45.27/share for proceeds of $302,358; on 2026-03-06, 5,522 shares were withheld at $43.54/share for $240,428. These withholdings are reported as dispositions (transaction code F) rather than open-market sales.

Key Details

• Transaction dates and prices:
  • 2026-03-05: 6,679 shares withheld at $45.27 → $302,358
  • 2026-03-06: 5,522 shares withheld at $43.54 → $240,428
• Total shares withheld: 12,201; total proceeds ≈ $542,786.
• Footnotes: F1 indicates withholding to cover taxes on vesting of 18,050 RSUs; F2 indicates withholding to cover taxes on vesting of 14,924 RSUs.
• Filing: Report filed 2026-03-09 for transactions on 2026-03-05/03-06. Form 4s are typically due within two business days of the transaction, so this filing appears later than that window.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context
These transactions reflect routine cashless tax withholding associated with RSU vesting—not an active open-market sale by the insider. Withholding shares to pay taxes is common and does not by itself indicate a change in the insider’s sentiment about the company. Transaction code F denotes tax withholding/disposition of shares.