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

Robert S. Prather Jr., a director of Ryman Hospitality Properties, received an annual grant of 1,269 restricted stock units on May 8, 2025, which will convert to common stock on May 8, 2026.

Summary

• Robert S. Prather Jr., a director of Ryman Hospitality Properties, Inc. (RHP), filed a Form 4 on May 12, 2025, reporting a transaction.
• On May 8, 2025, Prather received an annual grant of 1,269 restricted stock units (RSUs).
• These RSUs will vest on May 8, 2026, at which point each RSU will convert into one share of Ryman Hospitality Properties common stock.
• Following this transaction, Prather directly owns 1,269 shares of Ryman Hospitality Properties common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine equity grant, which is generally viewed neutrally to positively as it aligns director interests with shareholders. There are no indications of negative performance or concerning issues.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders.

Future Outlook

The director will receive shares of common stock upon the lapse of restrictions on the RSUs on May 8, 2026.

Industry Context

This is a standard practice for compensating directors of publicly traded companies, aligning their interests with shareholders through equity ownership.

Comparison to Industry Standards

• Granting restricted stock units to directors is a common practice among publicly traded companies to incentivize performance and align interests with shareholders.
• The vesting period of one year is fairly standard.
• Comparable companies such as Marriott International (MAR) and Hilton Worldwide Holdings (HLT) also utilize equity-based compensation for their directors.

Stakeholder Impact

• The grant of RSUs to a director can positively impact shareholders by aligning management's interests with theirs.

Key Dates

Keywords

Form 4, Ryman Hospitality Properties, Restricted Stock Units, Director, RHP, Beneficial Ownership, Equity Securities