v3.25.2
Share Based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]
A summary of changes in the common shares subject to nonvested PBRSUs for the six months ended June 30, 2025 and 2024 follows. PBRSUs herein represent the maximum number of nonvested PBRSUs. The fair value of the PBRSUs was determined using the quoted price of Park stock on the date of grant.

Common shares subject to PBRSUsWeighted-Average Grant-Date Fair Value
Nonvested at January 1, 2024186,936 $122.68 
Granted59,165 131.30 
Vested(54,981)103.70 
Forfeited(1,500)136.37 
Adjustment for performance conditions of PBRSUs (1)
— — 
Nonvested at June 30, 2024189,620 $130.76 
Nonvested at January 1, 2025186,020 $131.20 
Granted49,350 170.72 
Vested(51,833)119.31 
Forfeited— — 
Adjustment for performance conditions of PBRSUs (1)
— — 
Nonvested at June 30, 2025 (2)
183,537 $145.19 
Share-based Compensation Arrangements by Share-based Payment Award, Performance-Based Units, Vested and Expected to Vest
A summary of awards vested during the three months and six months ended June 30, 2025 and 2024 follows:

Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
PBRSUs vested— 51,83354,981 
Common shares withheld to satisfy employee income tax withholding obligations— 19,46821,937 
Net common shares issued32,36533,044
Share-based Payment Arrangement, Nonvested Award, Cost [Table Text Block]
The following table details expected additional share-based compensation expense related to PBRSUs outstanding at June 30, 2025:

(In thousands)
Six months ending December 31, 2025$3,505 
20265,625 
20273,688 
20281,542 
2029244 
Total$14,604