Form 4: Pauline Richards of Wyndham Hotels & Resorts Reports Changes in Beneficial Ownership

Director Pauline Richards reports acquisition of deferred stock units and holdings of common stock and restricted stock units in Wyndham Hotels & Resorts.

Summary

• On February 27, 2024, Pauline Richards, a director of Wyndham Hotels & Resorts, acquired 893 deferred stock units under the company's 2018 Equity and Incentive Plan.
• These units were issued upon the vesting of previously-granted restricted stock units.
• Each deferred stock unit entitles Richards to one share of common stock following her retirement or termination of service from the Board of Directors.
• Richards also holds 57,507 deferred stock units, 2,907 restricted stock units, and 14,571 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests. There are no indications of negative events or concerns.

Positives

• The vesting of restricted stock units and issuance of deferred stock units align the director's interests with the long-term performance of the company.
• The director's continued holdings of common stock and restricted stock units demonstrate a continued investment in the company.

Future Outlook

The deferred stock units will be converted to common stock upon the director's retirement or termination of service.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in the hospitality industry.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates