{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-388548","form_type":"8-K","ticker":"PK","cik":"0001617406","company_name":"Park Hotels & Resorts Inc.","filed_at":"2026-09-11T10:01:22+00:00","discovered_at":"2026-09-11T10:05:00.807295+00:00","generated_at":"2026-09-11T10:05:16.137114+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Park Hotels EVP/CIO Thomas Morey exits Sept 8, 2026; gets 2.0x severance, vested RSAs","bullets":["Morey, also General Counsel, departed without cause on Sept 8, 2026; separation agreement signed Sept 9, 2026.","Severance: lump sum equal to 2.0x base salary plus average bonus for last two fiscal years, per Executive Severance Plan.","Equity: 10,848 (2024) and 28,557 (2025) unvested RSAs fully vest; all 61,971 (2026) RSAs forfeited; PSUs pro-rated.","Non-compete/non-solicit apply for 12 months, limited to services provided during employment; law practice carve-out.","COBRA paid for 12 months; severance contingent on release and compliance with restrictive covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-388548","json":"https://secwatch.observer/filing/0001193125-26-388548.json","markdown":"https://secwatch.observer/filing/0001193125-26-388548.md","text":"https://secwatch.observer/filing/0001193125-26-388548.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1617406/000119312526388548/0001193125-26-388548-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1617406/000119312526388548/d122328d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-11T10:05:16.137114+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}