v3.26.1
Share Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
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 and TBRSUs for the six months ended June 30, 2026 and 2025 follows. PBRSUs herein represent the maximum number of nonvested PBRSUs. The fair value of the PBRSUs and TBRSUs was determined using the quoted price of Park stock on the date of grant.

Common shares subject to PBRSUs and TBRSUsWeighted-Average Grant-Date Fair Value
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, 2025183,537 $145.19 
Nonvested at January 1, 2026182,384 $145.13 
Granted73,278 159.71 
Vested(49,073)138.65 
Forfeited(1,447)148.13 
Adjustment for performance conditions of PBRSUs (1)
— — 
Nonvested at June 30, 2026 (2)
205,142 $151.87 
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, 2026 and 2025 follows:

Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
PBRSUs vested1,718— 49,07351,833 
Common shares withheld to satisfy employee income tax withholding obligations556— 18,21619,468 
Net common shares issued1,16230,85732,365
Share-based Payment Arrangement, Nonvested Award, Cost [Table Text Block]
The following table details expected additional share-based compensation expense related to PBRSUs and TBRSUs outstanding at June 30, 2026:

(In thousands)
Six months ending December 31, 2026$4,610 
20276,883 
20284,193 
20291,772 
2030279 
Total$17,737