Form 4: Wyndham Hotels & Resorts CEO Geoffrey Ballotti Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
CEO Geoffrey Ballotti reports acquisition of restricted stock units and disposal of common stock.
Summary
- On March 3, 2025, Geoffrey A. Ballotti, the President and CEO of Wyndham Hotels & Resorts, acquired 56,491 restricted stock units.
- These units were granted under the Amended and Restated 2018 Equity and Incentive Plan.
- The restricted stock units vest in four equal installments on each of the first four anniversaries of March 3, 2025, contingent upon Ballotti's continued employment.
- Ballotti also disposed of 415,433 shares of common stock.
- Following these transactions, Ballotti beneficially owns 146,246 restricted stock units and an unspecified amount of common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting transactions. It doesn't inherently indicate positive or negative sentiment.
Future Outlook
The restricted stock units vest over four years, contingent on continued employment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction: Acquisition of restricted stock units and disposal of common stock. |
| 03/03/2025 | Date of grant for restricted stock units under the Amended and Restated 2018 Equity and Incentive Plan. |
| 03/03/2025 | Vesting start date for restricted stock units, vesting in four equal annual installments. |
| 03/05/2025 | Date of signature for the Form 4 filing. |
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