---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-113147"
form_type: "8-K"
ticker: "PRKS"
cik: "0001564902"
company_name: "United Parks & Resorts Inc."
filed_at: "2025-09-05T23:59:59+00:00"
generated_at: "2026-05-17T07:57:00.212476+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# United Parks & Resorts stockholders approve $500M share repurchase program

## Summary
- Stockholders approved a new $500M share repurchase authorization; approval required majority of disinterested stockholders.
- 11,774,368 votes in favor (50.51% of disinterested shares outstanding, 70.05% of disinterested shares voted).
- Nomura's holdings clarification reduced excluded shares from 4.42M to 531k, implying 57.59% disinterested support.
- No time limit on program; can be suspended anytime; no repurchases if Hill Path ownership would exceed 70%.
- Company cites strong balance sheet and significant free cash flow generation as basis for program.

## SEC filing metadata
- accession: 0000950170-25-113147
- form_type: 8-K
- ticker: PRKS
- cik: 0001564902
- company_name: United Parks & Resorts Inc.
- filed_at: 2025-09-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1564902/000095017025113147/0000950170-25-113147-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1564902/000095017025113147/prks-20250903.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-113147
- JSON: https://secwatch.observer/filing/0000950170-25-113147.json
- Plain text: https://secwatch.observer/filing/0000950170-25-113147.txt

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