Heitz Michael John 4
Accession 0002060769-26-000004
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 4:05 PM ET
Size
6.6 KB
Accession
0002060769-26-000004
Research Summary
AI-generated summary of this filing
Pursuit (PRSU) CFO Michael Heitz Surrenders 636 Shares for Taxes
What Happened Michael John Heitz, Chief Financial Officer of Pursuit Attractions & Hospitality, had 1,842 Restricted Stock Units (RSUs) vest on January 19, 2026. To satisfy the tax withholding obligation, 636 of those shares were surrendered (disposed) at $33.47 per share for a total value of $21,287. The remaining vested RSUs were issued net of this withholding.
Key Details
- Transaction date: 2026-01-19; reported on Form 4 filed 2026-01-21 (timely filing).
- Surrendered: 636 shares at $33.47 each; total value $21,287. Transaction code F (tax withholding).
- RSU vesting: 1,842 RSUs vested immediately due to a modification of a new-hire award vesting schedule.
- Remaining New Hire Award: 3,683 RSUs will vest in equal installments on Dec 16, 2026 and Dec 16, 2027 (the award was originally issued with full vesting on Dec 16, 2027 due to an administrative error).
- Additional note: Since the last filing, Heitz acquired 18 shares via the company 401(k) plan.
- Shares owned after the transaction: not specified in the Form 4.
Context This was a routine tax-withholding share surrender tied to RSU vesting (not an open-market sale or purchase). Such withholding transactions are common when equity awards vest and do not by themselves indicate a change in insider sentiment.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-01-19$33.47/sh−636$21,287→ 8,078 total
- 406(indirect: By 401(k))
Common Stock
[F2]
Footnotes (2)
- [F1]Shares were surrendered for taxes in connection with vesting of Restricted Stock Units ("RSUs"). On January 19, 2026, 1,842 RSUs vested immediately in connection with the modification of the vesting schedule for the Reporting Person's new hire award of 5,525 RSUs (the "New Hire Award") to reflect a ratable three year vesting schedule, as provided for in the Reporting Person's offer letter with the Issuer. The remaining 3,683 RSUs under the New Hire Award will vest in equal installments on December 16, 2026 and December 16, 2027. Due to an inadvertent administrative error, the New Hire Award was initially issued such that it vested in full on December 16, 2027.
- [F2]Since the last filing, the Reporting Person acquired 18 shares of the Issuer's common stock under the Pursuit Attractions and Hospitality, Inc. 401(k) plan.
Signature
Documents
Issuer
Pursuit Attractions & Hospitality, Inc.
CIK 0000884219
Related Parties
1- filerCIK 0002060769
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 4:05 PM ET
- Size
- 6.6 KB