Form 4: Wyndham Hotels & Resorts CEO Geoffrey Ballotti Reports Stock Transactions

Geoffrey Ballotti, President and CEO of Wyndham Hotels & Resorts, reports the acquisition and disposal of company stock related to vesting of restricted stock units and tax liability payments.

Summary

• Geoffrey A. Ballotti, the President and CEO of Wyndham Hotels & Resorts, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On February 27, 2025, Mr. Ballotti acquired 18,402 shares of common stock upon the vesting of restricted stock units under the company's 2018 Equity and Incentive Plan.
• On the same day, 9,413 shares were withheld to cover tax liabilities associated with the vesting of these restricted stock units at a price of $108.1.
• On March 1, 2025, Mr. Ballotti acquired 27,649 shares of common stock upon the vesting of previously-granted restricted stock units.
• Also on March 1, 2025, 14,144 shares were withheld for tax liabilities at a price of $108.33.
• Following these transactions, Mr. Ballotti directly owns 415,433 shares of common stock and 89,755 restricted stock units.

Sentiment

Score: 5

Explanation: The document reflects routine transactions related to executive compensation, with no indication of positive or negative sentiment.

Positives

• The vesting of restricted stock units indicates that Mr. Ballotti is meeting performance criteria set by the company.
• The increase in share ownership aligns the CEO's interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates