Director Patricia Bedient receives 13,839 Park Hotels (PK) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bedient Patricia M reported acquisition or exercise transactions in this Form 4 filing.
Park Hotels & Resorts Inc. director Patricia M. Bedient 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 relates to her Board service from April 24, 2026 through the 2027 annual meeting of stockholders.
The restricted shares carry no purchase price and will vest in full on April 30, 2027, or earlier if the 2027 annual meeting is held before that date. After this award, Bedient directly holds 155,976 shares of Park Hotels & Resorts common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bedient Patricia M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,839 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 155,976 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 13,839 shares
Transaction price per share: $0.0000
Total shares after transaction: 155,976 shares
+2 more
5 metrics
Restricted stock grant
13,839 shares
Award of common stock on April 24, 2026
Transaction price per share
$0.0000
Compensation grant, not market purchase
Total shares after transaction
155,976 shares
Direct holdings following the grant
Service period for award
April 24, 2026–2027 annual meeting
Board term covered by the grant
Vesting date
April 30, 2027
Full vesting of restricted shares or earlier 2027 meeting date
Key Terms
restricted stock, 2017 Stock Plan for Non-Employee Directors, vest in full, annual meeting of stockholders
4 terms
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"
FAQ
What did Park Hotels & Resorts (PK) director Patricia Bedient report on this Form 4?
Director Patricia M. Bedient reported receiving a grant of 13,839 shares of Park Hotels & Resorts common stock. The award is restricted stock granted as compensation for her Board service under the company’s 2017 Stock Plan for Non-Employee Directors.
What period of service does Patricia Bedient’s Park Hotels & Resorts (PK) stock award cover?
The restricted stock award covers Patricia Bedient’s service on Park Hotels & Resorts’ Board from April 24, 2026 through the company’s 2027 annual meeting. This links the equity compensation directly to one full Board term for a non-employee director.
Is Patricia Bedient’s Park Hotels & Resorts (PK) transaction a market buy or compensation grant?
The transaction is a compensation-related grant of restricted stock, not a market purchase. The Form 4 uses code “A” for grant or award, shows a $0.0000 price, and references the company’s 2017 Stock Plan for Non-Employee Directors.