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Park Hotels & Resorts (PK) awards 13,839 restricted shares to director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kelly Christie B. reported acquisition or exercise transactions in this Form 4 filing.

Park Hotels & Resorts Inc. director Kelly Christie B. received a grant of 13,839 shares of Common Stock as restricted stock under the company’s 2017 Stock Plan for Non-Employee Directors. The award is for her board service from April 24, 2026 through the 2027 annual stockholders’ meeting and increased her direct holdings to 167,182 shares.

The restricted shares will vest in full on April 30, 2027, or earlier if the 2027 annual meeting of stockholders is held before that date.

Positive

  • None.

Negative

  • None.
Insider Kelly Christie B.
Role null
Type Security Shares Price Value
Grant/Award Common Stock 13,839 $0.00 --
Holdings After Transaction: Common Stock — 167,182 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock grant 13,839 shares Award of Common Stock to director on April 24, 2026
Grant price per share $0.0000 per share Restricted stock granted as compensation, not purchased
Shares after transaction 167,182 shares Total direct Common Stock holdings following the grant
Vesting date April 30, 2027 Restricted shares vest in full on this date or earlier 2027 meeting
Service period covered April 24, 2026 to 2027 annual meeting Board service period tied to the restricted stock award
restricted stock financial
"Represents an award of restricted stock pursuant to the Issuer's 2017 Stock Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2017 Stock Plan for Non-Employee Directors financial
"pursuant to the Issuer's 2017 Stock Plan for Non-Employee Directors"
vest in full financial
"Such shares will vest in full on April 30, 2027"
annual meeting of stockholders financial
"through (and including) the date of the Issuer's 2027 annual meeting of stockholders"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kelly Christie B.

(Last)(First)(Middle)
C/O PARK HOTELS & RESORTS INC.
1775 TYSONS BLVD, 7TH FLOOR

(Street)
TYSONS VIRGINIA 22102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Park Hotels & Resorts Inc. [ PK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/24/2026A(1)13,839A$0167,182D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents an award of restricted stock pursuant to the Issuer's 2017 Stock Plan for Non-Employee Directors (as amended and restated as of April 25, 2025) in connection with Ms. Kelly's service on the Issuer's Board of Directors for the period from April 24, 2026 through (and including) the date of the Issuer's 2027 annual meeting of stockholders. Such shares will vest in full on April 30, 2027 (or, if earlier, the date on which the Issuer's 2027 annual meeting of stockholders is held).
Remarks:
/s/ Nancy Vu, as Attorney-in-Fact04/28/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Park Hotels & Resorts (PK) report for Kelly Christie B.?

Park Hotels & Resorts reported that director Kelly Christie B. received a grant of 13,839 shares of restricted Common Stock. This award was issued under the company’s 2017 Stock Plan for Non-Employee Directors as compensation for her upcoming term of board service.

How many Park Hotels & Resorts (PK) shares does Kelly Christie B. hold after this grant?

Following the restricted stock grant, Kelly Christie B. directly holds 167,182 shares of Park Hotels & Resorts Common Stock. This total reflects the newly awarded 13,839 restricted shares added to her existing holdings as reported in the Form 4 insider transaction filing.

Was Kelly Christie B.’s Park Hotels & Resorts (PK) transaction an open-market purchase or a grant?

The transaction was a grant of restricted stock, not an open-market purchase. The Form 4 shows code “A” for grant or award, with a price per share of $0.0000, indicating compensation rather than a cash purchase in the public market.

When do Kelly Christie B.’s restricted Park Hotels & Resorts (PK) shares vest?

The restricted stock granted to Kelly Christie B. will vest in full on April 30, 2027. Vesting can occur earlier if Park Hotels & Resorts holds its 2027 annual meeting of stockholders before that date, at which point all granted shares become fully vested.

What is the purpose of the restricted stock grant to Park Hotels & Resorts (PK) director Kelly Christie B.?

The restricted stock grant compensates Kelly Christie B. for serving on Park Hotels & Resorts’ Board of Directors. It covers her service from April 24, 2026 through the date of the company’s 2027 annual meeting of stockholders, according to the Form 4 footnote disclosure.

Under which plan was the Park Hotels & Resorts (PK) restricted stock granted to Kelly Christie B.?

The award was granted under Park Hotels & Resorts’ 2017 Stock Plan for Non-Employee Directors, as amended and restated as of April 25, 2025. This plan governs equity compensation for non-employee members of the company’s Board of Directors, including restricted stock grants.