Bacon Brenda J 4
4 · Hilton Grand Vacations Inc. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Hilton Grand Vacations (HGV) Director Brenda Bacon Receives RSU Award
What Happened
Brenda J. Bacon, a director of Hilton Grand Vacations Inc. (HGV), received an award of 4,114 restricted stock units (RSUs) on May 6, 2026. The Form 4 records the acquisition at $0.00 because this was a compensation grant (transaction code A), not an open-market purchase or sale. The RSUs will convert into shares on the vesting date.
Key Details
- Transaction date: 2026-05-06; Grant/award (Code A) of 4,114 RSUs; reported acquisition price $0.00.
- Filing date: 2026-05-08 — filed within the usual two-business-day window (timely).
- Shares owned after transaction: not specified in the filing.
- Footnote: RSUs vest on the one-year anniversary of the grant (May 6, 2027) or earlier at the next annual meeting where directors are elected; RSUs will be settled in issuer common stock on vesting.
- This is a grant of equity compensation, not a purchase (P) or sale (S).
Context
RSUs are a promise to deliver shares in the future once vesting conditions are met; there is no immediate cash outlay or share transfer at grant. Such grants are typically part of director compensation or retention arrangements and do not by themselves indicate an insider buying or selling for investment reasons.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-06+4,114→ 50,000 total
Footnotes (1)
- [F1]Restricted Stock Units ("RSUs") awarded to the reporting person on May 6, 2026, which shall become vested on the one-year anniversary of such date of grant or, if earlier, on the date of the next annual meeting of the issuer's stockholders at which directors are elected. The RSUs shall be settled in shares of issuer common stock on the vesting date.