Hilton (NYSE: HLT) director gets dividend equivalent share grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hilton Worldwide Holdings Inc. director Marissa A. Mayer received an automatic share-based award tied to the company’s dividend. She acquired 0.458 shares of common stock as dividend equivalent rights on deferred share units, recorded at a price of $0.00 per share as compensation.
After this award, she directly holds 929.994 common shares. The filing also reports indirect holdings of 716 shares held by an irrevocable trust and 869 shares held by revocable trusts. These entries describe her overall reported ownership, not market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
MAYER MARISSA A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 0.458 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 929.994 shares (Direct);
Common Stock — 716 shares (Indirect, By irrevocable trust)
Footnotes (1)
- [object Object]
Key Figures
Dividend equivalent grant: 0.458 shares
Grant price: $0.00 per share
Direct holdings after award: 929.994 shares
+2 more
5 metrics
Dividend equivalent grant
0.458 shares
Common Stock granted as dividend equivalent rights
Grant price
$0.00 per share
Compensation-related award, not open-market purchase
Direct holdings after award
929.994 shares
Common Stock held directly following the transaction
Indirect irrevocable trust holdings
716 shares
Common Stock held indirectly by irrevocable trust
Indirect revocable trusts holdings
869 shares
Common Stock held indirectly by revocable trusts
Key Terms
dividend equivalent rights, deferred share units, irrevocable trust, revocable trusts
4 terms
dividend equivalent rights financial
"Represents dividend equivalent rights in connection with the Issuer's quarterly dividend"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
irrevocable trust financial
"total_shares_following_transaction: 716.0000, nature_of_ownership: By irrevocable trust"
revocable trusts financial
"total_shares_following_transaction: 869.0000, nature_of_ownership: By revocable trusts"
FAQ
What did Hilton (HLT) director Marissa Mayer report in this Form 4?
Marissa Mayer reported receiving 0.458 Hilton common shares as dividend equivalent rights on deferred share units. The award was recorded at $0.00 per share as compensation, not as an open-market purchase, and modestly increased her directly held share count.
Was the Hilton (HLT) Form 4 a market buy or sell by Marissa Mayer?
No, the Form 4 shows a grant, not a market trade. Mayer received 0.458 Hilton shares as dividend equivalent rights on deferred share units at $0.00 per share, reflecting routine compensation rather than an open-market purchase or sale of stock.
What are dividend equivalent rights mentioned in Hilton (HLT) director’s filing?
Dividend equivalent rights give holders of deferred share units compensation aligned with cash dividends on common stock. In this case, Mayer received 0.458 Hilton shares credited as dividend equivalents in connection with the issuer’s quarterly dividend on her deferred share units.