United Parks & Resorts Inc.
For the period ended Jun 30, 2024. Filed Aug 8, 2024.
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Jun 30, 2024 · Filed Aug 8, 2024
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Item 5. Other Information
On May 10, 2024, Yoshikazu Maruyama, amember of the Board of Directors of the Company, entered into a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act (a "10b5-1 Plan"). Mr. Maruyama's 10b5-1 Plan provides for the potential sale of up to 14,000 shares of the Company’s common stock over the term of the plan, which runs between August 14, 2024 and August 14, 2025. Potential sales under Mr. Maruyama’s 10b5-1 Plan are subject to a stock price condition, which provides that sales will only occur if the Company’s stock price meets a certain minimum price.
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