Form 4: Ryman Hospitality Properties Director Receives Annual Grant of Restricted Stock Units

Director Erin Mulligan Nelson received an annual grant of 1,152 restricted stock units (RSUs) from Ryman Hospitality Properties, Inc. on May 9, 2024, which will convert to common stock on May 9, 2025, unless deferred.

Summary

• On May 9, 2024, Erin Mulligan Nelson, a director of Ryman Hospitality Properties, Inc., was granted 1,152 restricted stock units (RSUs).
• These RSUs represent an annual grant in connection with Nelson's service as a director.
• Each RSU will convert into one share of common stock upon the lapse of restrictions, expected on May 9, 2025, unless deferred.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and aligns director interests with shareholders.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders.
• The vesting period encourages continued service on the board.

Future Outlook

The director will receive shares of common stock on May 9, 2025, unless deferred, based on the number of RSUs granted.

Industry Context

Director compensation packages often include equity grants to align the interests of directors with those of shareholders. Restricted stock units are a common form of equity compensation.

Stakeholder Impact

• The grant of RSUs aligns the director's interests with those of the shareholders, potentially leading to better corporate governance and decision-making.

Key Dates