Park Hotels grants 663,127 retention restricted shares to CEO and three executives

Park Hotels & Resorts Inc.

CEO Baltimore receives 331,564 shares; COO/CFO Dell'Orto 165,782; EVP Mayfield 99,469; EVP Vu 66,312.
Awards vest fully on 9/3/2030 (4th anniversary) subject to continued employment.
Non-CEO executives get accelerated vesting on termination without cause after 1 year, within 12 months post change in control, or prorated on death/disability.
Dividends paid on restricted shares at same time as common stock dividends.
Purpose: address leadership transition and recruiting risks to sustain performance execution trends.

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