United Parks & Resorts Inc. Files 8-K
Ticker: PRKS · Form: 8-K · Filed: Sep 5, 2025 · CIK: 1564902
| Field | Detail |
|---|---|
| Company | United Parks & Resorts Inc. (PRKS) |
| Form Type | 8-K |
| Filed Date | Sep 5, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $500.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-action, name-change, filing-update
Related Tickers: SEAS
TL;DR
PRKS (formerly SEAS) filed an 8-K, mostly procedural updates and name change confirmation.
AI Summary
United Parks & Resorts Inc. (formerly SeaWorld Entertainment, Inc.) filed an 8-K on September 5, 2025, reporting on matters submitted to a vote of security holders, Regulation FD disclosures, and financial statements. The filing confirms the company's name change from SeaWorld Entertainment, Inc. to United Parks & Resorts Inc. effective December 17, 2012.
Why It Matters
This filing provides official updates on corporate actions and disclosures for United Parks & Resorts Inc., formerly known as SeaWorld Entertainment, Inc.
Risk Assessment
Risk Level: low — The filing is primarily procedural and confirms a past name change, posing no immediate new risks.
Key Players & Entities
- United Parks & Resorts Inc. (company) — Registrant
- SeaWorld Entertainment, Inc. (company) — Former company name
- September 03, 2025 (date) — Date of earliest event reported
- September 5, 2025 (date) — Filing date
- December 17, 2012 (date) — Date of name change
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose is to report on matters submitted to a vote of security holders, Regulation FD disclosures, and financial statements, as well as to confirm the company's identity and former name.
When was the company formerly known as SeaWorld Entertainment, Inc.?
The company was formerly known as SeaWorld Entertainment, Inc. until December 17, 2012, when its name changed to United Parks & Resorts Inc.
What is the ticker symbol for United Parks & Resorts Inc.?
The filing does not explicitly state the ticker symbol, but the former name 'SeaWorld Entertainment, Inc.' was associated with the ticker SEAS. The current filing is for United Parks & Resorts Inc.
Where is the principal executive office of United Parks & Resorts Inc. located?
The principal executive offices are located at 6240 Sea Harbor Drive, Orlando, Florida 32821.
What is the fiscal year end for United Parks & Resorts Inc.?
The fiscal year end for United Parks & Resorts Inc. is December 31.
Filing Stats: 924 words · 4 min read · ~3 pages · Grade level 12.2 · Accepted 2025-09-05 09:02:43
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share PRKS New York Stock Excha
- $500.0 million — ss release announcing the approval of a $500.0 million share repurchase authorization is furni
Filing Documents
- prks-20250903.htm (8-K) — 58KB
- prks-ex99_1.htm (EX-99.1) — 22KB
- 0000950170-25-113147.txt ( ) — 188KB
- prks-20250903.xsd (EX-101.SCH) — 23KB
- prks-20250903_htm.xml (XML) — 4KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. (a)(b) On September 3, 2025, United Parks & Resorts Inc. (the "Company") held a Special Meeting of Stockholders (the "Special Meeting") to grant the Board of Directors of the Company the authority to approve and implement additional repurchases of shares of the Company's common stock, subject to the qualification that the Company will not repurchase additional shares if Hill Path Capital LP's ("Hill Path") common stock ownership interest percentage would, as a result of any such repurchase, equal or exceed 70% (excluding Hill Path's and its affiliates' non-voting derivative positions) (the "Share Repurchase Proposal"). The Share Repurchase Proposal required approval by the holders of a majority of the shares of the Company's common stock outstanding and entitled to vote as of the record date, other than any such shares (such shares, the "Excluded Shares") beneficially owned by Hill Path, an affiliate of Hill Path, or Nomura Global Financial Products Inc. ("Nomura"), as derivative counterparty to Hill Path or its affiliates (collectively, the "Disinterested Stockholders"). A quorum was present at the meeting as required by the Company's Amended and Restated Bylaws. The immediately following chart set forth the number of votes cast for and against, and the number of abstention votes and broker non-votes, with respect to the matter voted upon by the stockholders. Proposal 1 – Share Repurchase Program The Disinterested Stockholders approved the Share Repurchase Proposal with 11,774,368 votes in favor, representing, based on the assumptions noted below, 50.51% of the shares held by Disinterested Stockholders and entitled to vote as of the record date, and 70.05% of the shares held by Disinterested Stockholders voted at the Special Meeting. At the time the Company filed its Definitive Proxy Statement on Schedule 14A in connection with the Special Meeting, the Company assumed that 4,421,431 shares of th
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. A press release announcing the approval of a $500.0 million share repurchase authorization is furnished as Exhibit 99.1 hereto and incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated September 5, 2025 104 Cover page interactive data filed (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UNITED PARKS & RESORTS INC. Date: September 5, 2025 By: /s/ G. Anthony (Tony) Taylor Name: Title: G. Anthony (Tony) Taylor Chief Legal Officer, General Counsel and Corporate Secretary