Form 4: Wyndham Hotels & Resorts CFO Michele Allen Reports Stock Transactions
SEC Form 4 Filing
Michele Allen, CFO of Wyndham Hotels & Resorts, reports the acquisition and disposal of company stock related to vesting of restricted stock units and tax liability payments.
Summary
- Michele Allen, CFO & Head of Strategy at Wyndham Hotels & Resorts, reported several transactions involving the company's common stock.
- On February 27, 2025, she acquired 8,003 shares upon vesting of restricted stock units and disposed of 4,094 shares to cover tax liabilities at a price of $108.1 per share.
- On March 1, 2025, she acquired 10,974 shares upon vesting of additional restricted stock units and disposed of 5,614 shares for tax liabilities at a price of $108.33 per share.
- Following these transactions, Allen directly owns 19,325 shares of common stock and 49,173 restricted stock units, and her spouse indirectly owns 55.09 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The vesting of restricted stock units indicates that Allen is meeting performance criteria set by the company.
Industry Context
Form 4 filings are routine disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in their companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Acquisition of 8,003 shares and disposal of 4,094 shares due to vesting of restricted stock units and tax liability. |
| 03/01/2025 | Acquisition of 10,974 shares and disposal of 5,614 shares due to vesting of restricted stock units and tax liability. |
| 03/03/2025 | Date of signature for the Form 4 filing. |
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