Form 4: Wyndham Hotels & Resorts Director Mukul Deoras Reports Changes in Beneficial Ownership
SEC Form 4
Director Mukul Deoras reports acquisition and disposal of Wyndham Hotels & Resorts stock and deferred stock units.
Summary
- On July 26, 2024, Mukul Deoras, a director of Wyndham Hotels & Resorts, reported changes in beneficial ownership.
- Deoras acquired 504 shares of common stock through deferred stock units issued for quarterly retainer fees and dividends at a price of $0.
- These deferred stock units entitle Deoras to receive one share of common stock following retirement or termination of service from the Board of Directors.
- Deoras also disposed of 3,833 restricted stock units and 3,791 shares of common stock.
- Following these transactions, Deoras beneficially owns 18,304 deferred stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in stock ownership, with no inherent positive or negative sentiment.
Future Outlook
Deferred stock units entitle the reporting person to receive one share of common stock following the reporting person's retirement or termination of service from the Board of Directors.
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 change in ownership may be of interest to shareholders, as it provides insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 07/26/2024 | Date of transaction: Acquisition of 504 shares of common stock and disposal of 3,833 restricted stock units and 3,791 shares of common stock. |
| 07/30/2024 | Date of signature for the report. |
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