Director at Hilton Grand Vacations (NYSE: HGV) granted 4,114 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Potter Leonard reported acquisition or exercise transactions in this Form 4 filing.
Hilton Grand Vacations director Leonard Potter received a grant of 4,114 Restricted Stock Units (RSUs) on May 6, 2026. These RSUs vest on the one-year anniversary of the grant date or earlier if the next annual stockholder meeting electing directors occurs first. They will be settled in shares of common stock upon his separation from service or a change in control of the company. Following this award, Potter directly holds 104,575 shares of Hilton Grand Vacations common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Potter Leonard
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,114 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 104,575 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 4,114 RSUs
Post-transaction holdings: 104,575 shares
Grant date: May 6, 2026
+1 more
4 metrics
RSU grant size
4,114 RSUs
Awarded on May 6, 2026
Post-transaction holdings
104,575 shares
Common stock held directly after grant
Grant date
May 6, 2026
Date RSUs were awarded
Vesting schedule
One-year from grant or earlier meeting
RSUs vest after one year or next annual director election meeting
Key Terms
Restricted Stock Units (RSUs), change in control, separation from service
3 terms
Restricted Stock Units (RSUs) financial
"Restricted Stock Units (RSUs) awarded to the reporting person on May 6, 2026"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
change in control financial
"on the earlier of the reporting person's separation from service or a change in control of the issuer"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
separation from service financial
"shall be settled in shares of issuer common stock on the earlier of the reporting person's separation from service or a change in control"
FAQ
What did Hilton Grand Vacations (HGV) director Leonard Potter receive in this Form 4 filing?
Director Leonard Potter received a grant of 4,114 Restricted Stock Units (RSUs) from Hilton Grand Vacations on May 6, 2026. These units represent a stock-based compensation award that can convert into common shares once specific vesting and settlement conditions are met.
When do Leonard Potter’s 4,114 RSUs from Hilton Grand Vacations (HGV) vest?
Potter’s 4,114 RSUs vest on the one-year anniversary of the May 6, 2026 grant date, or earlier if Hilton Grand Vacations holds its next annual stockholder meeting at which directors are elected before that one-year mark.
How and when will Leonard Potter’s Hilton Grand Vacations (HGV) RSUs be settled?
The RSUs will be settled in shares of Hilton Grand Vacations common stock on the earlier of two events: Leonard Potter’s separation from service or a change in control of the company, as specified in the award’s terms.