Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-09-24

Park Hotels & Resorts Inc. (PK)

CEO Thomas Baltimore Jr. was paid $9,729,412 in fiscal year 2025, ↓ down 6.4% from fiscal year 2024, the 60th percentile of its disclosed peer group (SEC filing 0001617406-26-000021 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$9,729,412 ↓
Thomas Baltimore Jr. total, FY2025
60th
CEO pay percentile vs peers
35:1
CEO-to-median pay ratio
89.83%
Say-on-pay support, latest vote

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PK's next annual pay disclosure, estimated March 12, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Thomas Baltimore Jr.$1,100,000$0$5,967,307$0$2,661,505$0$600$9,729,412
President and Chief Executive Officer
Sean Dell'Orto621,62101,580,1420902,096014,6003,118,459
Executive Vice President, Chief Financial Officer and Treasurer
Thomas Morey621,62101,264,1020777,772018,3502,681,845
Executive Vice President and Chief Investment Officer
Carl Mayfield590,5400955,2630856,991014,6002,417,394
Executive Vice President, Design and Construction
Nancy Vu536,8550868,4210779,084014,6002,198,960
Executive Vice President and General Counsel

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Thomas Baltimore Jr.$9,729,412—$10,831,214—
Sean Dell'Orto3,118,4593,238,7473,413,273↓ −120,288
Thomas Morey2,681,8452,841,7272,958,556↓ −159,882
Carl Mayfield2,417,3942,489,0552,553,213↓ −71,661
Nancy Vu2,198,9602,212,2392,322,384↓ −13,279

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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$9,729,412 Thomas Baltimore Jr. total, FY2025

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Data as of September 24, 2026 · Source: 0001617406-26-000021 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

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01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Christie B. KellyIndependent Director$273,728
Geoffrey M. GarrettIndependent Director$257,927
Patricia M. BedientIndependent Director$267,632
Stephen I. SadoveLead Independent Director$302,541
Terri D. McClementsIndependent Director$255,204
Thomas A. NatelliIndependent Director$256,848
Thomas D. EckertIndependent Director$267,658
Timothy J. NaughtonIndependent Director$256,848
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Christie B. KellyDirector2026-03-24A2,842$0$0CommonForm 4 ↗
Timothy J. NaughtonDirector2026-03-24A2,48700CommonForm 4 ↗
Thomas A. NatelliDirector2026-03-24A2,48700CommonForm 4 ↗
Patricia M. BedientDirector2026-03-24A2,72300CommonForm 4 ↗
Thomas A. NatelliDirector2026-04-24A13,83900CommonForm 4 ↗
Terri D. McClementsDirector2026-04-24A13,83900CommonForm 4 ↗
Geoffrey M. GarrettDirector2026-04-24A13,83900CommonForm 4 ↗
Stephen I. SadoveDirector2026-04-24A13,83900CommonForm 4 ↗
Thomas D. EckertDirector2026-04-24A13,83900CommonForm 4 ↗
Christie B. KellyDirector2026-04-24A13,83900CommonForm 4 ↗
Patricia M. BedientDirector2026-04-24A13,83900CommonForm 4 ↗
Timothy J. NaughtonDirector2026-04-24A13,83900CommonForm 4 ↗
Timothy J. NaughtonDirector2026-06-23A1,81400CommonForm 4 ↗
Patricia M. BedientDirector2026-06-23A1,98600CommonForm 4 ↗
Thomas A. NatelliDirector2026-06-23A1,81400CommonForm 4 ↗
Carl MayfieldEVP, Design and Construction2026-09-03A99,46900CommonForm 4 ↗
Thomas J. Baltimore JrDirector2026-09-03A331,56400CommonForm 4 ↗
Sean Dell'OrtoEVP, CFO & Treasurer2026-09-03A165,78200CommonForm 4 ↗
Joseph M. PiantedosiEVP, Asset Management2026-09-03A99,46900CommonForm 4 ↗
Nancy VuEVP,Gen. Counsel & Secretary2026-09-03A66,31200CommonForm 4 ↗
Jill C. OlanderEVP, Human Resources2026-09-03A66,31200CommonForm 4 ↗
Timothy J. NaughtonDirector2026-09-23A1,75600CommonForm 4 ↗
Thomas A. NatelliDirector2026-09-23A1,75600CommonForm 4 ↗
Patricia M. BedientDirector2026-09-23A1,92300CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Carl MayfieldPSU2025-02-1312,13948,556—97,112$541,885
Thomas MoreyPSU2025-02-1316,06464,255—128,510717,086
Sean M. Dell OrtoPSU2025-02-1320,08080,319—160,638896,360
Thomas Baltimore Jr.RSU2025-02-13——178,151—2,274,988
Thomas MoreyRSU2025-02-13——42,836—547,016
Nancy VuPSU2025-02-1311,03644,142—88,284492,625
Thomas Baltimore Jr.PSU2025-02-1382,713330,853—661,7063,692,319
Sean M. Dell OrtoRSU2025-02-13——53,546—683,782
Carl MayfieldRSU2025-02-13——32,371—413,378
Nancy VuRSU2025-02-13——29,428—375,796
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Carl Mayfield$413,378$541,885$056.7%
Thomas Morey547,016717,086056.7%
Sean M. Dell Orto683,782896,360056.7%
Thomas Baltimore Jr.2,274,9883,692,319061.9%
Nancy Vu375,796492,625056.7%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Sean Dell'OrtoRSU15,132—$158,281
Thomas Baltimore Jr.RSU89,799—939,298
Thomas Baltimore Jr.RSU48,401—506,274
Nancy VuRSU8,317—86,996
Thomas Baltimore Jr.RSU250,153—2,616,600
Thomas MoreyRSU48,817—510,626
Nancy VuRSU11,036—115,431
Thomas MoreyRSU12,106—126,629
Carl MayfieldRSU9,148—95,688
Thomas MoreyRSU42,836—448,065
Carl MayfieldRSU16,396—171,502
Thomas Baltimore Jr.RSU178,151—1,863,459
Thomas MoreyRSU21,696—226,940
Thomas Baltimore Jr.RSU82,713—865,181
Sean Dell'OrtoRSU61,021—637,280
Sean Dell'OrtoRSU20,080—210,034
Carl MayfieldRSU12,139—126,974
Nancy VuRSU29,428—307,817
Sean Dell'OrtoRSU53,546—560,091
Carl MayfieldRSU36,890—385,869
Nancy VuRSU33,536—350,787
Carl MayfieldRSU32,371—338,601
Sean Dell'OrtoRSU27,121—283,686
Thomas MoreyRSU16,064—168,027
Nancy VuRSU14,905—155,906
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company’s executive compensation programs strive to achieve the following philosophy, principles and business objectives: • To align the interests of our executives with those of our stockholders to maximize stockholder value; • To attract and retain top talent; • To reinforce our business objectives and business strategy; • To support the Company’s values; • To motivate management to balance short-term objectives with long-term value creation to the stockholders; and • To provide competitive compensation to management based on the marketplace in which the Company competes for talent.

CEO STI target (% of salary)175%
CEO LTI target (% of salary)—
Independent consultantFerguson Partners Consulting L.P.
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-24134,492,48815,218,108426,02589.83%Passed
20252025-04-25146,790,4127,933,950267,33794.87%Passed
20242024-04-19164,962,6349,862,902207,84494.36%Passed
20232023-04-26166,266,07212,308,252230,16193.11%Passed
20222022-04-27159,711,17732,251,262167,50383.2%Passed
20212021-04-3033,901,798157,065,275198,25217.73%Failed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-04-2489.83%a
20252025-04-2594.87%b
20242024-04-1994.36%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes, if any, are not counted as votes "FOR" or "AGAINST" and will have no effect on the result of this vote.”.

b. Approved under the standard stated in the filing — “ANNUAL MEETING & VOTING INFORMATION What proposals will be voted on at the annual meeting? How does the Board recommend that I vote? What is the voting requirement to approve each of the proposals? What effect will abstentions and broker non-votes have? Proposal Voting Options Board Recommendation Vote Required to Adopt the Proposal Effect of Abstentions Effect of Broker Non-Votes Proposal 1: Election of Directors For, Against or Abstain on each Nominee FOR each Nominee Majority of votes cast No effect No effect Proposal 2: Approve the Amendment and Restatement of our 2017 Stock Plan for Non-Employee Directors (as Amended and Restated) For, Against or Abstain FOR Majority of outstanding shares No effect No effect Proposal 3: Approve, on an Advisory Vote, the Compensation of Named Executive Officers For, Against or Abstain FOR Majority of votes cast No effect No effect Proposal 4: Ratification of the Appointment of Ernst & Young LLP as Our Independent Auditor for Fiscal Year 2025 For, Against or Abstain FOR Majority of votes cast No effect Brokers have discretion to vote Will other matters be voted on at the annual meeting? We are not currently aware of any other matters to be presented at the annual meeting other than those described in this Proxy Statement.”.

c. Approved under the standard stated in the filing — “ANNUAL MEETING & VOTING INFORMATION What proposals will be voted on at the annual meeting? How does the Board recommend that I vote? What is the voting requirement to approve each of the proposals? What effect will abstentions and broker non-votes have? Proposal Voting Options Board Recommendation Vote Required to Adopt the Proposal Effect of Abstentions Effect of Broker Non- Votes Proposal 1: Election of Directors For, Against or Abstain on each Nominee FOR each Nominee Majority of votes cast No effect No effect Proposal 2: Vote to Approve and Adopt the Amendment to the Amended and Restated Certificate of Incorporation to reflect new Delaware law provisions regarding exculpation of officers For, Against or Abstain FOR Majority of outstanding shares Against Against Proposal 3: Advisory Vote to Approve Compensation of Named Executive Officers For, Against or Abstain FOR Majority of votes cast No effect No effect Proposal 4: Ratification of the Appointment of Ernst & Young LLP as Our Independent Auditor for Fiscal Year 2024 For, Against or Abstain FOR Majority of votes cast No effect Brokers have discretion to vote Will other matters be voted on at the annual meeting? We are not currently aware of any other matters to be presented at the annual meeting other than those described in this Proxy Statement.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)35 : 1
CEO total compensation$9,729,412
Median employee compensation$278,403
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Stephen I. SadoveIndependent · Lead Independent Director · Compensation · Governance$143,739$155,000——$3,802$302,541
Christie B. KellyIndependent · Compensation · Audit117,648155,000——1,080273,728
Thomas D. EckertIndependent · Compensation · Audit112,658155,000——0267,658
Patricia M. BedientIndependent · Governance (Chair) · Audit112,632155,000——0267,632
Geoffrey M. GarrettIndependent · Compensation · Audit101,877155,000——1,050257,927
Thomas A. NatelliIndependent · Governance · Audit101,848155,000——0256,848
Timothy J. NaughtonIndependent · Compensation · Governance101,848155,000——0256,848
Terri D. McClementsIndependent · Governance · Audit99,529155,000——675255,204
Thomas J. Baltimore JrEmployee director · Board Chair—————0
09

Board fee structure and ownership guideline

Annual cash retainer$85,000
Annual equity retainer$155,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 20,000
Stock ownership guideline$5
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$891,779
Equity awards (grant-date value)$1,240,000
All other compensation$6,607
Total cost of the board$2,138,386

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Park Hotels & Resorts Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Park Hotels & Resorts Inc..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Hyatt Hotels Corporation2025Mark Hoplamazian$1,410,417$20,478,749$2,562,490$2,056,500$26,699,762
2Host Hotels & Resorts, Inc.2025James Risoleo1,100,0009,569,88003,697,10014,835,223
3Marriott Vacations Worldwide Corp.2025John Geller888,4625,599,9841,399,992014,344,132
4Hilton Grand Vacations Inc.2025Mark Wang1,345,9627,762,44804,540,20014,067,191
5Wyndham Hotels & Resorts, Inc.2025Geoffrey Ballotti1,426,93511,999,8180013,551,700
6Federal Realty Investment Trust2025Donald Wood1,000,0007,554,43401,350,0009,929,147
7Park Hotels & Resorts Inc.2025Thomas Baltimore Jr.1,100,0005,967,30702,661,5059,729,412
8RLJ Lodging Trust2025Leslie Hale882,0006,900,25001,622,1169,460,014
9Xenia Hotels & Resorts, Inc.2025Marcel Verbaas900,0004,264,49001,863,1387,048,188
10Pebblebrook Hotel Trust2025Jon Bortz840,0003,592,19302,085,0006,589,254
11DiamondRock Hospitality Company2025Jeffrey Donnelly750,0004,086,87701,582,2816,433,158
12Ryman Hospitality Properties, Inc.2025Mark Fioravanti938,6263,325,12501,782,5336,246,483
13JBG SMITH Properties2025W. Matthew Kelly750,0003,499,994——5,521,861
14Apartment Income REIT Corp.2022Terry Considine400,0003,400,00801,611,7205,416,020
15Apple Hospitality REIT, Inc.2025Justin Knight660,5913,800,5780419,0625,075,148
16Sunstone Hotel Investors, Inc2025Bryan Giglia700,0002,755,9930948,2814,516,098

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Park Hotels & Resorts Inc.138%PSU 60 · RSU 40Yes — Relative TSR vs. FTSE Nareit Lodging/Resorts IndexFerguson Partners Consulting L.P.
Apartment Income REIT Corp.not disclosedLTIP Units 100 · PRSU 66.67 · RSU 33.33NoFPL Associates, L.P.
Apple Hospitality REIT, Inc.49.4%RSU 75 · Cash LTI 25NoFPC
DiamondRock Hospitality Company141%PSU 60 · RSU 40NoFrederic W. Cook & Co., Inc.
Federal Realty Investment Trust120%not disclosedNoSemler Brossy Consulting Group
Hilton Grand Vacations Inc.113%not disclosedNoPearl Meyer
Host Hotels & Resorts, Inc.not disclosedPSU 60 · RSU 40Yes — Relative TSRPay Governance
Hyatt Hotels Corporation84%PSU 40 · SAR 30 · RSU 30NoKorn Ferry
JBG SMITH Properties168%LTIP Units 10Yes — Relative TSRFerguson Partners Consulting
Marriott Vacations Worldwide Corp.67.27%PSU 50 · RSU 30 · Options 20NoExequity LLP
Pebblebrook Hotel Trust150%PSU 60 · LTIP Units 40Yes — Relative TSR Objectivenot disclosed
RLJ Lodging Trust105.1%RSU 50 · PSU 50Yes — Relative TSRFerguson Partners
Ryman Hospitality Properties, Inc.188%PSU 50 · RSU 50Yes — TSR performance relative to designated peer groupsAon
Sunstone Hotel Investors, Incnot disclosedPSU 75 · RSU 25Yes — Relative Total Stockholder Return (RTSR) vs FTSE Nareit Lodging/Resorts Index (over $500 Million Market Cap)Ferguson Partners Consulting (FPC)
Wyndham Hotels & Resorts, Inc.not disclosedRSU 50 · PSU 50NoAon (Human Capital Solutions practice)
Xenia Hotels & Resorts, Inc.207%not disclosedYes — Absolute TSRFPC

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Park Hotels & Resorts Inc. in fiscal 2025?
As disclosed, Thomas Baltimore Jr. (President and Chief Executive Officer) was the highest-paid executive at Park Hotels & Resorts Inc. in fiscal 2025, with total compensation of $9,729,412.
How does Park Hotels & Resorts Inc.'s chief executive pay compare to its disclosed peer group?
As disclosed, Thomas Baltimore Jr.'s total compensation ranked at the 60th percentile of Park Hotels & Resorts Inc.'s disclosed peer group.
What is Park Hotels & Resorts Inc.'s CEO-to-median employee pay ratio?
As disclosed, Park Hotels & Resorts Inc.'s CEO-to-median employee pay ratio was 35:1.
How did shareholders vote on Park Hotels & Resorts Inc.'s executive compensation?
As disclosed, 89.83% of shareholders supported Park Hotels & Resorts Inc.'s executive compensation in the latest say-on-pay vote.
How much does Park Hotels & Resorts Inc. spend in total on board compensation for fiscal 2025?
As disclosed, Park Hotels & Resorts Inc. reported total board compensation of $2,138,386 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Thomas Baltimore Jr.DEF 14A2026-03-120001617406-26-000021Section “2025 SUMMARY COMPENSATION TABLE” · page 58. As printed: 9,729,412. Filing ↗
2Section 01, Sean Dell'OrtoDEF 14A2026-03-120001617406-26-000021Section “2025 SUMMARY COMPENSATION TABLE” · page 58. As printed: 3,118,459. Filing ↗
3Section 01, Thomas MoreyDEF 14A2026-03-120001617406-26-000021Section “2025 SUMMARY COMPENSATION TABLE” · page 58. As printed: 2,681,845. Filing ↗
4Section 01, Carl MayfieldDEF 14A2026-03-120001617406-26-000021Section “2025 SUMMARY COMPENSATION TABLE” · page 58. As printed: 2,417,394. Filing ↗
5Section 01, Nancy VuDEF 14A2026-03-120001617406-26-000021Section “2025 SUMMARY COMPENSATION TABLE” · page 58. As printed: 2,198,960. Filing ↗
6Section 03, Carl Mayfield PSUDEF 14A2026-03-120001617406-26-000021Section “AND GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗
7Section 03, Thomas Morey PSUDEF 14A2026-03-120001617406-26-000021Section “AND GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗
8Section 03, Sean M. Dell Orto PSUDEF 14A2026-03-120001617406-26-000021Section “AND GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗
9Section 03, Thomas Baltimore Jr. RSUDEF 14A2026-03-120001617406-26-000021Section “AND GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗
10Section 03, Thomas Morey RSUDEF 14A2026-03-120001617406-26-000021Section “AND GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗machine: t146 · r20 · c13 · span 2641332–2641338
11Section 03, Nancy Vu PSUDEF 14A2026-03-120001617406-26-000021Section “AND GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗
12Section 03, Thomas Baltimore Jr. PSUDEF 14A2026-03-120001617406-26-000021Section “AND GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗
13Section 03, Sean M. Dell Orto RSUDEF 14A2026-03-120001617406-26-000021Section “AND GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗machine: t146 · r9 · c13 · span 2558785–2558791
14Section 03, Carl Mayfield RSUDEF 14A2026-03-120001617406-26-000021Section “AND GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗machine: t146 · r15 · c13 · span 2601638–2601644
15Section 03, Nancy Vu RSUDEF 14A2026-03-120001617406-26-000021Section “AND GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗machine: t146 · r25 · c13 · span 2679099–2679105
16Section 07, pay ratioDEF 14A2026-03-120001617406-26-000021Section “CEO Pay Ratio”. As printed: 35 : 1. Filing ↗machine: t154 · r3 · c3 · span 2986670–2986677
17Section 08, Stephen I. SadoveDEF 14A2026-03-120001617406-26-000021Section “Director Compensation”. As printed: 302,541. Filing ↗machine: span 1344224–1344943
18Section 08, Christie B. KellyDEF 14A2026-03-120001617406-26-000021Section “Director Compensation”. As printed: 273,728. Filing ↗machine: span 1328836–1329520
19Section 08, Thomas D. EckertDEF 14A2026-03-120001617406-26-000021Section “Director Compensation”. As printed: 267,658. Filing ↗machine: span 1321315–1322001
20Section 08, Patricia M. BedientDEF 14A2026-03-120001617406-26-000021Section “Director Compensation”. As printed: 267,632. Filing ↗machine: span 1317490–1318208
21Section 08, Geoffrey M. GarrettDEF 14A2026-03-120001617406-26-000021Section “Director Compensation”. As printed: 257,927. Filing ↗machine: span 1325082–1325769
22Section 08, Thomas A. NatelliDEF 14A2026-03-120001617406-26-000021Section “Director Compensation”. As printed: 256,848. Filing ↗machine: span 1336385–1337072
23Section 08, Timothy J. NaughtonDEF 14A2026-03-120001617406-26-000021Section “Director Compensation”. As printed: 256,848. Filing ↗machine: span 1340159–1340847
24Section 08, Terri D. McClementsDEF 14A2026-03-120001617406-26-000021Section “Director Compensation”. As printed: 255,204. Filing ↗machine: span 1332616–1333304
25Section 08, Thomas J. Baltimore JrDEF 14A2026-03-120001617406-26-000021Section “Director Compensation”. As printed: 0. Filing ↗
26Section 02, Christie B. Kelly 2026-03-24Form 42026-03-260001214659-26-003840Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Timothy J. Naughton 2026-03-24Form 42026-03-260001214659-26-003842Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Thomas A. Natelli 2026-03-24Form 42026-03-260001214659-26-003841Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Patricia M. Bedient 2026-03-24Form 42026-03-260001214659-26-003843Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Thomas A. Natelli 2026-04-24Form 42026-04-280001214659-26-005174Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Terri D. McClements 2026-04-24Form 42026-04-280001214659-26-005173Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Geoffrey M. Garrett 2026-04-24Form 42026-04-280001214659-26-005172Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Stephen I. Sadove 2026-04-24Form 42026-04-280001214659-26-005176Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Thomas D. Eckert 2026-04-24Form 42026-04-280001214659-26-005170Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Christie B. Kelly 2026-04-24Form 42026-04-280001214659-26-005171Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Patricia M. Bedient 2026-04-24Form 42026-04-280001214659-26-005169Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Timothy J. Naughton 2026-04-24Form 42026-04-280001214659-26-005175Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Timothy J. Naughton 2026-06-23Form 42026-06-240001214659-26-007697Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Patricia M. Bedient 2026-06-23Form 42026-06-240001214659-26-007695Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Thomas A. Natelli 2026-06-23Form 42026-06-240001214659-26-007696Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Carl Mayfield 2026-09-03Form 42026-09-100001214659-26-011568Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Thomas J. Baltimore Jr 2026-09-03Form 42026-09-100001214659-26-011566Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Sean Dell'Orto 2026-09-03Form 42026-09-100001214659-26-011567Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Joseph M. Piantedosi 2026-09-03Form 42026-09-100001214659-26-011569Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Nancy Vu 2026-09-03Form 42026-09-100001214659-26-011570Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Jill C. Olander 2026-09-03Form 42026-09-100001214659-26-011571Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Timothy J. Naughton 2026-09-23Form 42026-09-240001214659-26-011959Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Thomas A. Natelli 2026-09-23Form 42026-09-240001214659-26-011960Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Patricia M. Bedient 2026-09-23Form 42026-09-240001214659-26-011958Insider equity transaction reported since the proxy statement. Filing ↗
50Section 06, 2026 voteForm 8-K2026-04-270001617406-26-000025Item 5.07 · say-on-pay result. As reported: 89.83% (votes for as printed: 134,492,488). Filing ↗
51Section 06, 2025 voteForm 8-K2025-04-280001617406-25-000031Item 5.07 · say-on-pay result. As reported: 94.87% (votes for as printed: 146,790,412). Filing ↗
52Section 06, 2024 voteForm 8-K2024-04-190001617406-24-000035Item 5.07 · say-on-pay result. As reported: 94.36% (votes for as printed: 164,962,634). Filing ↗
53Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
54Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
55Section 09b board cost (computed)Computed——Cash 891,779 + equity 1,240,000 + all other 6,607 = 2,138,386, summed across the director compensation table rows.machine: formula: Σ = 2,138,386
56Hyatt Hotels Corporation, Section 10b CEO totalDEF 14A2026-04-020001104659-26-038759CEO total compensation as printed in Hyatt Hotels Corporation's own proxy. As printed: 26,699,762. Filing ↗machine: span 775055–775065
57Host Hotels & Resorts, Inc., Section 10b CEO totalDEF 14A2026-04-080001070750-26-000062CEO total compensation as printed in Host Hotels & Resorts, Inc.'s own proxy. As printed: 14,835,223. Filing ↗machine: r6 · c10 · span 2451418–2451428
58Marriott Vacations Worldwide Corp., Section 10b CEO totalDEF 14A2026-03-260001193125-26-125219CEO total compensation as printed in Marriott Vacations Worldwide Corp.'s own proxy. As printed: 14,344,132. Filing ↗machine: t253 · r5 · c34 · span 833147–833157
59Hilton Grand Vacations Inc., Section 10b CEO totalDEF 14A2026-03-170001140361-26-009850CEO total compensation as printed in Hilton Grand Vacations Inc.'s own proxy. As printed: 14,067,191. Filing ↗machine: r2 · c21 · span 1149244–1149255
60Wyndham Hotels & Resorts, Inc., Section 10b CEO totalDEF 14A2026-03-250001722684-26-000050CEO total compensation as printed in Wyndham Hotels & Resorts, Inc.'s own proxy. As printed: 13,551,700. Filing ↗machine: r2 · c48 · span 701393–701403
61Federal Realty Investment Trust, Section 10b CEO totalDEF 14A2026-03-270001193125-26-127642CEO total compensation as printed in Federal Realty Investment Trust's own proxy. As printed: 9,929,147. Filing ↗machine: t136 · r3 · c27 · span 657645–657654
62Park Hotels & Resorts Inc. (subject), Section 10b CEO totalDEF 14A2026-03-120001617406-26-000021CEO total compensation as printed in Park Hotels & Resorts Inc.'s own proxy. As printed: 9,729,412. Filing ↗
63RLJ Lodging Trust, Section 10b CEO totalDEF 14A2026-03-230001104659-26-033293CEO total compensation as printed in RLJ Lodging Trust's own proxy. As printed: 9,460,014. Filing ↗machine: t103 · r4 · c36 · span 1609030–1609039
64Xenia Hotels & Resorts, Inc., Section 10b CEO totalDEF 14A2026-03-310001628280-26-022425CEO total compensation as printed in Xenia Hotels & Resorts, Inc.'s own proxy. As printed: 7,048,188. Filing ↗machine: span 682839–682848
65Pebblebrook Hotel Trust, Section 10b CEO totalDEF 14A2026-04-170001474098-26-000030CEO total compensation as printed in Pebblebrook Hotel Trust's own proxy. As printed: 6,589,254. Filing ↗
66DiamondRock Hospitality Company, Section 10b CEO totalDEF 14A2026-03-160001298946-26-000019CEO total compensation as printed in DiamondRock Hospitality Company's own proxy. As printed: 6,433,158. Filing ↗machine: r3 · c21 · span 748955–748964
67Ryman Hospitality Properties, Inc., Section 10b CEO totalDEF 14A2026-04-020001140361-26-012894CEO total compensation as printed in Ryman Hospitality Properties, Inc.'s own proxy. As printed: 6,246,483. Filing ↗machine: r2 · c28 · span 1272440–1272449
68JBG SMITH Properties, Section 10b CEO totalDEF 14A2026-03-180001104659-26-030932CEO total compensation as printed in JBG SMITH Properties's own proxy. As printed: 5,521,861. Filing ↗
69Apartment Income REIT Corp., Section 10b CEO totalDEF 14A2023-08-020001387131-23-009204CEO total compensation as printed in Apartment Income REIT Corp.'s own proxy. As printed: 5,416,020. Filing ↗
70Apple Hospitality REIT, Inc., Section 10b CEO totalDEF 14A2026-04-020001193125-26-140145CEO total compensation as printed in Apple Hospitality REIT, Inc.'s own proxy. As printed: 5,075,148. Filing ↗machine: t94 · r2 · c19 · span 1074682–1074691
71Sunstone Hotel Investors, Inc, Section 10b CEO totalDEF 14A2026-03-180001104659-26-031060CEO total compensation as printed in Sunstone Hotel Investors, Inc's own proxy. As printed: 4,516,098. Filing ↗machine: t176 · r5 · c12 · span 1215367–1215376
72Section 10a, Ryman Hospitality Properties, Inc. reciprocityDEF 14A—0001140361-26-012894Ryman Hospitality Properties, Inc. names Park Hotels & Resorts Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
73Section 10a, Wyndham Hotels & Resorts, Inc. reciprocityDEF 14A—0001722684-26-000050Wyndham Hotels & Resorts, Inc.'s most recent proxy was read; its disclosed peer group does not include Park Hotels & Resorts Inc.. Filing ↗
74Section 10a, Apple Hospitality REIT, Inc. reciprocityDEF 14A—0001193125-26-140145Apple Hospitality REIT, Inc. names Park Hotels & Resorts Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
75Section 10a, JBG SMITH Properties reciprocityDEF 14A—0001104659-26-030932JBG SMITH Properties names Park Hotels & Resorts Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
76Section 10a, Pebblebrook Hotel Trust reciprocityDEF 14A—0001474098-26-000030Pebblebrook Hotel Trust names Park Hotels & Resorts Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
77Section 10a, RLJ Lodging Trust reciprocityDEF 14A—0001104659-26-033293RLJ Lodging Trust names Park Hotels & Resorts Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
78Section 10a, DiamondRock Hospitality Company reciprocityDEF 14A—0001298946-26-000019DiamondRock Hospitality Company names Park Hotels & Resorts Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
79Section 10a, Sunstone Hotel Investors, Inc reciprocityDEF 14A—0001104659-26-031060Sunstone Hotel Investors, Inc names Park Hotels & Resorts Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
80Section 10a, Xenia Hotels & Resorts, Inc. reciprocityDEF 14A—0001628280-26-022425Xenia Hotels & Resorts, Inc. names Park Hotels & Resorts Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
81Section 10a, Hyatt Hotels Corporation reciprocityDEF 14A—0001104659-26-038759Hyatt Hotels Corporation's most recent proxy was read; its disclosed peer group does not include Park Hotels & Resorts Inc.. Filing ↗
82Section 10a, Marriott Vacations Worldwide Corp. reciprocityDEF 14A—0001193125-26-125219Marriott Vacations Worldwide Corp. names Park Hotels & Resorts Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
83Section 10a, Federal Realty Investment Trust reciprocityDEF 14A—0001193125-25-066328Federal Realty Investment Trust's most recent proxy was read; its disclosed peer group does not include Park Hotels & Resorts Inc.. Filing ↗
84Section 10a, Hilton Grand Vacations Inc. reciprocityDEF 14A—0001140361-26-009850Hilton Grand Vacations Inc.'s most recent proxy was read; its disclosed peer group does not include Park Hotels & Resorts Inc.. Filing ↗
85Section 10a, Apartment Income REIT Corp. reciprocityDEF 14A—0001387131-23-009204Apartment Income REIT Corp. names Park Hotels & Resorts Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗

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