Form 4: Pauline Richards Reports Changes in Beneficial Ownership of Wyndham Hotels & Resorts Stock
SEC Form 4 Filing
Director Pauline Richards reports acquisition of deferred stock units and accrued dividends, along with holdings of restricted stock units and common stock in Wyndham Hotels & Resorts.
Summary
- Pauline Richards, a Director of Wyndham Hotels & Resorts, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- On February 27, 2025, she acquired 402 deferred stock units and accrued dividends under the company's 2018 Equity and Incentive Plan related to previously-granted restricted stock units that vested on that date.
- On March 1, 2025, she acquired 828 deferred stock units and accrued dividends under the same plan related to previously-granted restricted stock units that vested on that date.
- Following these transactions, Richards beneficially owns 59,704 deferred stock units, 2,637 restricted stock units, and 16,157 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine filing reflecting stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
Future Outlook
The deferred stock units entitle the reporting person to receive one share of common stock following the reporting person's retirement or termination of service from the Board of Directors.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders are informed about changes in insider ownership, which can influence investor confidence.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Vesting date of restricted stock units, resulting in the acquisition of 402 deferred stock units and accrued dividends. |
| 03/01/2025 | Vesting date of restricted stock units, resulting in the acquisition of 828 deferred stock units and accrued dividends. |
| 03/03/2025 | Date of signature for the Form 4 filing. |
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