Form 4: Ryman Hospitality Properties Executive Chairman Increases Stake Through Dividend Reinvestment

Colin V. Reed, Executive Chairman of Ryman Hospitality Properties, Inc., acquired 8,356 shares of common stock through dividend reinvestment on June 9, 2025, increasing his total beneficial ownership.

Summary

• Colin V. Reed, Executive Chairman of the Board and a Director of Ryman Hospitality Properties, Inc. (RHP), reported a transaction on June 9, 2025.
• Mr. Reed acquired 8,356 shares of RHP Common Stock at a price of $96.92 per share.
• This acquisition represents the reinvestment of previously accrued cash dividends into Mr. Reed's SERP (Supplemental Executive Retirement Plan) account.
• Following this transaction, Mr. Reed beneficially owns a total of 870,406 shares directly, which includes 712,847 shares credited to his SERP account.
• Additionally, Mr. Reed has indirect beneficial ownership of shares through various entities: 23 shares via Ed Reed Trust, 770 shares via Samuel Reed LLC, 185,000 shares via Family LLC 1, 40,000 shares via Family LLC 2, 58,171 shares via Family LLC 3, and 275,325 shares via Family LLC 4.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as it indicates an executive increasing their stake, even if through a routine dividend reinvestment, which generally signals confidence in the company's long-term prospects and aligns management's interests with shareholders.

Positives

• The acquisition of additional shares by a key executive, even through dividend reinvestment, demonstrates continued confidence in the company's performance and future prospects.
• Increased insider ownership further aligns management's interests with those of common shareholders.

Future Outlook

This Form 4 filing does not provide any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is an insider transaction report specific to Ryman Hospitality Properties and its executive, Colin V. Reed. It does not provide broader industry context or trends within the hospitality or real estate sectors.

Stakeholder Impact

• Shareholders: The transaction may be viewed positively by shareholders as it indicates continued alignment of executive interests with shareholder value through increased ownership.

Key Dates

Recommendation

Keywords

Ryman Hospitality Properties, RHP, Colin V. Reed, insider transaction, Form 4, stock purchase, dividend reinvestment, executive chairman, beneficial ownership