Christopher Nassetta (NYSE: HLT) has Hilton shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hilton Worldwide Holdings Inc. director and officer Christopher J. Nassetta reported a tax-withholding disposition of 50,678 shares of common stock on March 3, 2026, at $305.94 per share. The shares were withheld by the company to cover tax obligations arising from vesting restricted stock units and performance share units.
After this transaction, he directly holds 91,612 shares of Hilton common stock. Additional shares are held indirectly: 801,716 shares through Harwood Road LLC, whose managing member is a revocable living trust, and 2,714,228 shares in a revocable trust. Nassetta disclaims beneficial ownership of indirectly held securities except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
NASSETTA CHRISTOPHER J
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 50,678 | $305.94 | $15.50M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 91,612 shares (Direct);
Common Stock — 801,716 shares (Indirect, See Footnote)
Footnotes (1)
- Shares withheld by the Company for the payment of tax liability incident to vesting of restricted stock units and performance share units. These shares of common stock are held by Harwood Road LLC, a limited liability company. A revocable living trust, of which Mr. Nassetta is the trustee and a beneficiary, serves as the managing member of Harwood Road LLC. 99% of the economic interests in the limited liability company are held by a family trust for the benefit of Mr. Nassetta's children and the remaining 1% is held by the aforementioned living trust. The Reporting Person states that this filing shall not be deemed to be an admission that the Reporting Person is the beneficial owner of any securities reported herein as indirectly held, and disclaims beneficial ownership of such securities, except to the extent of such Reporting Person's pecuniary interest therein. These shares of common stock were previously reported as directly owned and have been transferred to a revocable trust, of which the reporting person is the trustee. This transfer was exempt from reporting under Rule 16a-13.
FAQ
What insider transaction did Christopher J. Nassetta report for Hilton (HLT)?
Christopher J. Nassetta reported a tax-withholding disposition of 50,678 Hilton common shares at $305.94 per share. The shares were withheld by the company to satisfy tax liabilities tied to vesting restricted stock units and performance share units, not an open-market sale.
Was Christopher J. Nassetta’s Hilton (HLT) Form 4 transaction a market sale?
No, the Form 4 describes a tax-withholding disposition, not a market sale. Hilton withheld 50,678 shares at $305.94 per share to cover tax liabilities from vesting restricted stock units and performance share units awarded to Christopher J. Nassetta.