Hernandez Carlos 4

What Happened
Carlos Hernandez, Senior Vice President and Chief Accounting Officer of Hilton Grand Vacations (HGV), received an award of 7,540 restricted stock units (RSUs) on March 10, 2026. The Form 4 reports the acquisition as code "A" at $0.00 per share (typical for RSU grants); no cash was paid at grant.

Key Details

• Transaction date: 2026-03-10 (Form filed 2026-03-12 — timely within the usual 2-business-day window)
• Transaction type/code: Award/Grant (A) — 7,540 RSUs @ $0.00 (reported value $0)
• Vesting: Service-based RSUs vest in three equal annual installments beginning March 10, 2027 (footnote F1)
• Shares owned after transaction: Not disclosed in the provided filing

Context
RSUs are compensation awards that convert into shares only as they vest; they are not an open-market purchase or sale and do not represent an immediate cash investment or disposition. Such grants are common part of executive pay and align executives with long-term shareholder interests but should not be interpreted as a direct buy/sell signal.