Park Hotels grants CEO Baltimore 331,564-share retention award

PK•2026-09-10

Vesting and acceleration terms

For non-CEO recipients, unvested shares accelerate on termination without cause or retirement after year one, or within 12 months of a change in control.

Non-CEO awards prorate on death or disability; restricted shares receive dividends alongside common stock dividends.

One-time restricted stock awards for top executives

Park Hotels & Resorts set one-time restricted stock grants for four top executives on Sept. 3, 2026.

CEO Thomas J. Baltimore Jr. received 331,564 restricted shares; other named executive officers received 331,563 shares combined.

The awards vest fully on the fourth anniversary of the grant date, subject to continued employment.

Sources

Park Hotels grants CEO Baltimore 331,564-share retention award

Sec

Park Hotels grants CEO Baltimore 331,564-share retention award

Vesting and acceleration terms

One-time restricted stock awards for top executives

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