Form 4: Ryman Hospitality EVP Lynn Reports RSU Vesting, Tax Withholding
Insider Transaction Report
Ryman Hospitality Properties' EVP, Secretary, and GC, Scott J. Lynn, reported the vesting of 7,102 Restricted Stock Units and the subsequent withholding of 2,797 shares for tax obligations.
Summary
- Scott J. Lynn, Executive Vice President, Secretary, and General Counsel of Ryman Hospitality Properties, Inc. (RHP), reported multiple transactions on March 15, 2026.
- A total of 7,102 shares of RHP common stock were acquired by Mr. Lynn upon the vesting of various tranches of time-based and performance-based Restricted Stock Units (RSUs).
- Concurrently, 2,797 shares were disposed of by Mr. Lynn to satisfy tax withholding obligations related to the RSU vesting.
- Mr. Lynn retained a net of 4,305 shares from these vesting events.
- Following these transactions, Mr. Lynn directly holds 38,047 shares of common stock and indirectly holds 2,372 shares through a 401(k) plan, for a total beneficial ownership of 40,419 shares.
- Mr. Lynn continues to hold unvested Restricted Stock Units, including 733 units expiring on March 15, 2027, 1,393 units expiring on March 15, 2028, and 2,386 units expiring on March 15, 2029.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a moderately positive event, as it signifies the successful vesting of executive compensation and a net increase in the insider's direct share ownership, aligning management interests with shareholders.
Positives
- The vesting of Restricted Stock Units indicates that performance or time-based conditions for executive compensation have been met.
- Mr. Lynn's direct beneficial ownership of common stock increased by 4,305 shares after accounting for tax withholdings, demonstrating continued alignment with shareholder interests.
- The continued holding of unvested RSUs with future expiration dates suggests ongoing long-term incentive alignment for management.
Negatives
- A significant portion of the vested shares (2,797 out of 7,102, or approximately 39.4%) was withheld to cover tax obligations, reducing the immediate increase in direct share ownership.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that the vesting of executive Restricted Stock Units is a standard component of compensation packages across the hospitality and real estate investment trust (REIT) sectors, designed to align management incentives with long-term company performance. This filing reflects routine executive compensation activity.
Comparison to Industry Standards
- This filing details a routine insider transaction related to executive compensation, which is a standard practice across publicly traded companies. Specific comparisons to other companies' RSU vesting events are not typically made for individual Form 4 filings unless the scale or nature of the compensation is highly unusual.
Stakeholder Impact
- Shareholders: The net increase in direct share ownership by a key executive may be viewed positively, indicating continued alignment of interests.
- Employees: Reflects the company's executive compensation structure, which can influence broader employee incentive programs.
Key Dates
| Date | Description |
|---|---|
| 03/15/2026 | Date of vesting for multiple tranches of Restricted Stock Units and associated common stock transactions. |
| 03/15/2027 | Expiration date for 733 unvested Restricted Stock Units. |
| 03/15/2028 | Expiration date for 1,393 unvested Restricted Stock Units. |
| 03/15/2029 | Expiration date for 2,386 unvested Restricted Stock Units. |
| 03/16/2026 | Signature date of the reporting person, Scott J. Lynn. |
Keywords
Ryman Hospitality Properties, RHP, Scott J. Lynn, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Share Ownership, Tax Withholding
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