Hill Path Capital's Stake in United Parks & Resorts Rises to 56.1% Following Share Buyback
PRKS sits 19% above its 52-week low of $29.62.
Summary
Hill Path Capital LP and its affiliates' beneficial ownership in United Parks & Resorts Inc. increased to 56.1% due to a reduction in outstanding shares from the company's buyback program, as detailed in this Schedule 13D/A.
Key Events · Ownership and Investor Activity · PRKS
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Updated Beneficial Ownership
Hill Path Capital LP and its affiliates, including Managing Partner Scott Ross, now beneficially own 56.1% of United Parks & Resorts Inc. common stock.
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Passive Stake Increase
The increase in percentage ownership is primarily due to a decrease in the total number of outstanding shares, as reported in the company's recent 10-K filing, aligning with the previously announced share buyback program.
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Director RSU Grants
Scott Ross received 4,359 restricted stock units (RSUs) and James P. Chambers received 2,382 RSUs in late 2025 as part of their routine director compensation.
Analysis · PRKS · Trade & Services
This Schedule 13D/A updates the beneficial ownership of Hill Path Capital LP and its affiliates, including Managing Partner Scott Ross, to 56.1% of United Parks & Resorts Inc. common stock. The increase in their percentage stake is primarily a passive effect of the company's share buyback program, which reduced the total number of outstanding shares. This filing provides important context on the concentration of ownership and control following the buyback, reinforcing the influence of this activist investor group. Additionally, the filing discloses routine restricted stock unit grants to directors Scott Ross and James P. Chambers in late 2025.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1496 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PRKS was trading at $35.17 on NYSE in the Trade & Services sector, with a market capitalization of approximately $1.7B. The 52-week trading range was $29.62 to $56.95. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.