---
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"
generated_at: "2026-09-11T10:05:16.137114+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Park Hotels EVP/CIO Thomas Morey exits Sept 8, 2026; gets 2.0x severance, vested RSAs

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-388548
- JSON: https://secwatch.observer/filing/0001193125-26-388548.json
- Plain text: https://secwatch.observer/filing/0001193125-26-388548.txt

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