Form 4: Wyndham Hotels & Resorts Director Bruce Churchill Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Bruce Churchill reports acquisition and disposal of Wyndham Hotels & Resorts stock, including deferred and restricted stock units.

Summary

  • Bruce Churchill, a director of Wyndham Hotels & Resorts, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
  • On April 26, 2024, Churchill acquired 562 shares of common stock through deferred stock units related to quarterly retainer fees and dividends, at a price of $0.
  • He also disposed of 3,833 shares of common stock, represented as restricted stock units.
  • Following these transactions, Churchill beneficially owns 22,650 deferred stock units.
  • An adjustment was made to exclude five deferred stock units incorrectly awarded and reported in a previous filing on February 21, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company director, which is standard practice for publicly traded companies.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the ownership stake of a key company director.

Key Dates

DateDescription
02/21/2024Date of previous Form 4 filing with incorrect award of deferred stock units.
04/26/2024Date of transaction: acquisition of deferred stock units and disposal of restricted stock units.
04/30/2024Date of Form 4 filing.

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