Form 4: Wyndham Hotels & Resorts Director Bruce Churchill Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Bruce Churchill reports acquisition of deferred stock units and disposal of common stock and restricted stock units in Wyndham Hotels & Resorts.
Summary
- Bruce Churchill, a director of Wyndham Hotels & Resorts, filed a Form 4 detailing changes in beneficial ownership.
- On October 25, 2024, Churchill acquired 481 shares of common stock through deferred stock units issued for quarterly retainer fees and dividends at a price of $0.
- Each deferred stock unit entitles the reporting person to receive one share of common stock following retirement or termination of service from the Board of Directors.
- Churchill also disposed of 3,833 shares of common stock.
- Following these transactions, Churchill beneficially owns 23,688 deferred stock units and an unspecified amount of restricted stock units.
- The filing was signed by Paul F. Cash as Attorney-in-Fact for Bruce B. Churchill on October 29, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the ownership stake of a company director.
Key Dates
| Date | Description |
|---|---|
| 10/25/2024 | Date of transaction: acquisition of deferred stock units and disposal of common stock and restricted stock units. |
| 10/29/2024 | Date of signature by Attorney-in-Fact. |
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