---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-002103"
form_type: "8-K"
ticker: "PK"
cik: "0001617406"
company_name: "Park Hotels & Resorts Inc."
filed_at: "2022-02-25T23:59:59+00:00"
generated_at: "2026-06-27T04:13:26.377929+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Park Hotels authorizes $300M share repurchase program; shifts executive equity to performance-based awards

## Summary
- Board approved up to $300M share repurchase over 24 months; program expires Feb 23, 2024.
- CEO equity grant mix changed to 65% PSUs / 35% RSAs, from 60/40 in 2021.
- Other named executive officers' equity mix changed to 60% PSUs / 40% RSAs, from 50/50.
- Changes made per stockholder feedback to better align compensation with shareholder interests.

## SEC filing metadata
- accession: 0000950170-22-002103
- form_type: 8-K
- ticker: PK
- cik: 0001617406
- company_name: Park Hotels & Resorts Inc.
- filed_at: 2022-02-25T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1617406/000095017022002103/0000950170-22-002103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1617406/000095017022002103/pk-20220224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-002103
- JSON: https://secwatch.observer/filing/0000950170-22-002103.json
- Plain text: https://secwatch.observer/filing/0000950170-22-002103.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.