secwatch.observer — SEC 8-K summary
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Issuer:     United Parks & Resorts Inc. (PRKS)
CIK:        0001564902
Form:       8-K
Filed at:   2024-03-26T23:59:59+00:00
Accession:  0000950170-24-036476
Event type: other_material
Sentiment:  positive
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

United Parks & Resorts stockholders approve amendment to Hill Path agreement and $500M share repurchase program
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- Special meeting on Mar 25, 2024: disinterested stockholders approved both proposals.
- Amendment to Stockholders Agreement with Hill Path Capital LP passed with 25,886,451 votes for, 15,069 against.
- $500M share repurchase program authorized; no repurchases allowed if Hill Path ownership would reach or exceed 50%.
- All-stockholder totals: 53.2M votes for amendment, 52.4M for repurchase; zero broker non-votes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1564902/000095017024036476/0000950170-24-036476-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1564902/000095017024036476/prks-20240325.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-036476

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer