United Parks (NYSE: PRKS) officer granted shares, covers taxes with withheld stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
United Parks & Resorts Inc. officer Kyle Robert Miller reported equity compensation activity in company stock. On April 29, 2026, he received 145 shares of Common Stock at no cost as a grant related to the 2025 Bonus Incentive Plan, upon settlement of a performance-based restricted stock unit award.
On the same date, 43 shares of Common Stock were withheld by the company at $34.36 per share to cover tax obligations tied to vesting of restricted stock. After these transactions, Miller directly owned 39,538 shares of United Parks & Resorts Inc. Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Miller Kyle Robert
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 145 | $0.00 | -- |
| Tax Withholding | Common Stock | 43 | $34.36 | $1K |
Holdings After Transaction:
Common Stock — 39,538 shares (Direct, null)
Footnotes (1)
- Represents common stock of the Issuer acquired upon settlement of a performance-based restricted stock unit award previously granted to the Reporting Person related to the 2025 Bonus Incentive Plan. Shares withheld by the Company for the payment of tax liability incident to the vesting of shares of restricted stock.
Key Figures
Stock grant: 145 shares
Shares withheld for taxes: 43 shares
Tax withholding price: $34.36 per share
+1 more
4 metrics
Stock grant
145 shares
Common Stock grant related to 2025 Bonus Incentive Plan on April 29, 2026
Shares withheld for taxes
43 shares
Common Stock withheld at $34.36 per share for tax liability on April 29, 2026
Tax withholding price
$34.36 per share
Price used for 43-share tax-withholding disposition on April 29, 2026
Shares held after transactions
39,538 shares
Direct ownership of United Parks & Resorts Inc. Common Stock following Form 4 transactions
Key Terms
performance-based restricted stock unit award, 2025 Bonus Incentive Plan, tax-withholding disposition, restricted stock, +1 more
5 terms
performance-based restricted stock unit award financial
"acquired upon settlement of a performance-based restricted stock unit award previously granted"
A performance-based restricted stock unit award is a promise to give company shares to an employee or executive only if the business hits specific targets over a set period. Think of it as a conditional prize that vests like a savings plan: if agreed goals (such as revenue, profit, or stock performance) are met, the recipient receives the shares; if not, they get nothing. Investors pay attention because these awards align management incentives with company results and can affect share count, future earnings and executive behavior.
2025 Bonus Incentive Plan financial
"previously granted to the Reporting Person related to the 2025 Bonus Incentive Plan"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock financial
"incident to the vesting of shares of restricted stock"
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did United Parks & Resorts (PRKS) officer Kyle Miller report on April 29, 2026?
Kyle Robert Miller reported routine equity compensation activity. He received 145 shares of United Parks & Resorts Common Stock as a grant and had 43 shares withheld by the company for taxes, all dated April 29, 2026.
Was the United Parks & Resorts (PRKS) Form 4 transaction an open-market sale or purchase?
The Form 4 shows no open-market buying or selling. It records a 145-share stock grant at no cost and a 43-share tax-withholding disposition, where the company withheld shares at $34.36 each to cover Miller’s tax liability on vested restricted stock.