Hilton Grand Vacations Files 8-K for Material Agreement
Ticker: HGV · Form: 8-K · Filed: Aug 14, 2025 · CIK: 1674168
Sentiment: neutral
Topics: material-agreement, filing
TL;DR
HGV signed a big deal, filing shows. Details to come.
AI Summary
Hilton Grand Vacations Inc. filed an 8-K on August 14, 2025, reporting an entry into a material definitive agreement on August 12, 2025. The filing also includes financial statements and exhibits. The company is incorporated in Delaware and headquartered in Orlando, Florida.
Why It Matters
This filing indicates a significant new contract or deal for Hilton Grand Vacations, which could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, which could carry significant financial or operational implications, but the specifics are not yet detailed.
Key Players & Entities
- Hilton Grand Vacations Inc. (company) — Registrant
- August 14, 2025 (date) — Filing Date
- August 12, 2025 (date) — Earliest Event Reported Date
- Delaware (jurisdiction) — State of Incorporation
- Orlando, Florida (location) — Principal Executive Offices
FAQ
What is the nature of the material definitive agreement entered into by Hilton Grand Vacations Inc.?
The filing states that Hilton Grand Vacations Inc. entered into a material definitive agreement on August 12, 2025, but the specific details of this agreement are not provided in the provided excerpt.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on August 14, 2025.
What is the principal business address of Hilton Grand Vacations Inc.?
The principal business address of Hilton Grand Vacations Inc. is 6355 MetroWest Boulevard, Suite 180, Orlando, Florida 32835.
What is the Commission File Number for Hilton Grand Vacations Inc.?
The Commission File Number for Hilton Grand Vacations Inc. is 001-37794.
What is the IRS Employer Identification Number for Hilton Grand Vacations Inc.?
The IRS Employer Identification Number for Hilton Grand Vacations Inc. is 81-2545345.
Filing Stats: 797 words · 3 min read · ~3 pages · Grade level 11.4 · Accepted 2025-08-14 08:01:20
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value per share HGV New York St
Filing Documents
- ny20053112x5_8k.htm (8-K) — 30KB
- ny20053112x5_ex1-1.htm (EX-1.1) — 212KB
- 0001140361-25-031043.txt ( ) — 416KB
- hgv-20250812.xsd (EX-101.SCH) — 4KB
- hgv-20250812_lab.xml (EX-101.LAB) — 21KB
- hgv-20250812_pre.xml (EX-101.PRE) — 16KB
- ny20053112x5_8k_htm.xml (XML) — 4KB
01
Item 1.01. Entry into a Material Definitive Agreement. On August 12, 2025, Hilton Grand Vacations Inc. (the "Company"), and certain entities managed by affiliates of Apollo Global Management, Inc. (the "Selling Stockholders"), entered into an Underwriting Agreement (the "Underwriting Agreement") with Wells Fargo Securities, LLC (the "Representative"), as representative of the several underwriters (the "Underwriters"), in connection with the offer and sale by the Selling Stockholders (the "Offering") of 7,000,000 shares of the Company's common stock, $0.01 par value per share (the "Common Stock"), and, at the option of the Underwriters, up to an additional 1,050,000 shares of Common Stock. On August 13, 2024, the Underwriters exercised their option to purchase an additional 1,050,000 shares of Common Stock in full. The Offering and the Share Repurchase (as defined below) are expected to close on August 14, 2025. The Company intends to purchase 933,488 shares of Common Stock from the Underwriters as part of the Offering (the "Share Repurchase"). The Share Repurchase will be made under the share repurchase plans approved by the Company's board of directors. The Underwriters will not receive any underwriting fees for the shares repurchased by the Company. All the shares of Common Stock to be sold in the Offering are being sold by the Selling Stockholders. The Company will not receive any of the proceeds from the sale of shares of Common Stock by the Selling Stockholders in the Offering. The Offering is being made pursuant to a shelf registration statement on Form S-3 (File No. 333-289538) filed with the Securities and Exchange Commission on August 12, 2025 (the "Registration Statement"), a prospectus, dated August 12, 2025, included as part of the Registration Statement and a preliminary prospectus supplement, dated August 12, 2025 and filed with the Securities and Exchange Commission on August 13, 2025 and final prospectus supplement, filed with the Securities and
01
Item 9.01. Financial (d) Exhibits. Exhibit No. Description 1.1 Underwriting Agreement, dated August 12, 2025 , by and among Hilton Grand Vacations Inc., certain stockholders named therein and Wells Fargo Securities, LLC as Representative of the Underwriters named therein. 104 Cover page Interactive Data File (embedded with the Inline XBRL document). SIGNATURE 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. HILTON GRAND VACATIONS INC. By: /s/ Charles R. Corbin Charles R. Corbin Senior Executive Vice President, General Counsel & Corporate Operations Date: August 14, 2025