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AI brief of an SEC Form 8-K · Park Hotels & Resorts (PK)

Park Hotels grants retention restricted stock to CEO and three executive officers

Neutral Impact 3 of 5 leadership Written later

Park Hotels & Resorts approved one-time retention restricted stock awards to four executive officers on September 3, 2026, including 331,564 shares to CEO Thomas J. Baltimore, Jr. The awards vest in full on the fourth anniversary of the grant date, subject to continued employment, and are intended to address leadership transition and recruiting risks. The grants add to the share count tied to executive pay, and their vesting terms determine how much stock is retained if an executive leaves.

Key points

  • September 3, 2026: Compensation & Human Capital Committee approved one-time Retention RSA Awards
  • Baltimore (CEO) 331,564 shares; Dell'Orto (EVP, COO, CFO and Treasurer) 165,782 shares
  • Mayfield (EVP, Design and Construction) 99,469 shares; Vu (EVP, General Counsel and Secretary) 66,312 shares
  • Awards vest in full on the fourth anniversary of grant, subject to continued employment; forms filed as Exhibits 10.1 and 10.2

The filing

CompanyPark Hotels & Resorts (PK)
Form8-K, current report
Filed with the SECSep 10, 2026, 4:14 PM ET
Accession number0001193125-26-387894

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 10, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.