{"schema_version":"secwatch.filing_event.v1","accession":"0001617406-26-000003","form_type":"8-K","ticker":"PK","cik":"0001617406","company_name":"Park Hotels & Resorts Inc.","filed_at":"2026-02-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.651631+00:00","generated_at":"2026-05-16T01:45:04.972063+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"medium","headline":"Park Hotels names CFO Sean Dell'Orto as COO; revamps executive compensation","bullets":["Sean M. Dell'Orto appointed COO effective Feb 12, 2026, while retaining CFO and Treasurer roles.","Base salary raised to $675,000; LTIP target increased to 333% of salary; STIP target to 125%.","CEO Baltimore's LTIP target raised to $7M+ (from $5.25M); STIP max bonus increased to 450% of salary.","LTIP modified: 75% of PSUs vest on relative TSR, 25% on RevPAR growth; equity allocation shift."],"urls":{"canonical":"https://secwatch.observer/filing/0001617406-26-000003","json":"https://secwatch.observer/filing/0001617406-26-000003.json","markdown":"https://secwatch.observer/filing/0001617406-26-000003.md","text":"https://secwatch.observer/filing/0001617406-26-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1617406/000161740626000003/0001617406-26-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1617406/000161740626000003/pk-20260212.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T01:45:04.972063+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"}