United Parks (PRKS) director receives 1,901-share equity award under 2025 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gray William reported acquisition or exercise transactions in this Form 4 filing.
United Parks & Resorts Inc. director William Gray received a grant of 1,901 shares of common stock on March 31, 2026 under the company’s 2025 Omnibus Incentive Plan. The award was granted at $0.00 per share and vests 100% immediately.
After this compensation grant, Gray directly owns 77,436 shares of United Parks & Resorts common stock, according to the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gray William
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,901 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 77,436 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,901 shares
Grant price: $0.00 per share
Shares owned after grant: 77,436 shares
3 metrics
Shares granted
1,901 shares
Common stock grant on March 31, 2026
Grant price
$0.00 per share
Equity award under 2025 Omnibus Incentive Plan
Shares owned after grant
77,436 shares
Director William Gray direct ownership after transaction
Key Terms
2025 Omnibus Incentive Plan, Grant, award, or other acquisition, Common Stock
3 terms
2025 Omnibus Incentive Plan financial
"Granted under the Issuer's 2025 Omnibus Incentive Plan and vests 100% immediately."
An omnibus incentive plan is a company-wide program that authorizes awards of pay tied to performance and retention—such as stock options, restricted shares, cash bonuses and other rewards—here labeled for the year it was adopted (2025). Investors care because it affects how much ownership can be issued, dilutes existing shareholders, and aligns executives’ and employees’ incentives with company goals, similar to giving team members a stake in the outcome.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did United Parks (PRKS) report for William Gray?
United Parks reported that director William Gray received a grant of 1,901 shares of common stock. The shares were awarded at $0.00 per share as equity compensation, increasing his direct holdings to 77,436 shares after the transaction.
Was the PRKS stock grant to William Gray part of a compensation plan?
Yes. The 1,901-share grant to William Gray was issued under United Parks & Resorts’ 2025 Omnibus Incentive Plan. This plan provides stock-based compensation, and the filing states the award vests 100% immediately upon grant, reflecting standard director compensation.
Does William Gray’s PRKS stock grant vest over time or immediately?
The filing states the 1,901-share grant to William Gray vests 100% immediately. This means he does not face a multi-year vesting schedule and gains full ownership of all granted shares at the time of the award.