Hilton CFO Kevin J. Jacobs Sells $53.8 Million in Company Stock
1 report, 1 independent
Updated Sun 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Kevin J. Jacobs, Chief Financial Officer of Hilton Worldwide Holdings Inc., sold 151,050 shares on October 29 for about $53.80 million. The shares were acquired through options he exercised, meaning the sale matched the shares he acquired, leaving his direct holding count unchanged. The sale involved seven batches, with weighted average prices ranging from $353.18 to $358.79.
From dailypolitical.com
Why it matters
The transaction represents a large block sale of company stock by a top executive. Jacobs exercised options with prices ranging from $83.10 to $259.10 per share, and sold them at prices between $353.18 and $358.79.
From dailypolitical.com
Who's involved
- JacobsChief Financial Officer of Hilton Worldwide Holdings Inc.
- Hilton WorldwideAmerican multinational hospitality company
Keep exploring
The entities involved
-
Hilton Worldwide
American multinational hospitality company
Nothing else this week.
-
Jacobs
architect