Form 4: Wyndham Hotels & Resorts Director Ronald L. Nelson Reports Changes in Beneficial Ownership
SEC Form 4
Director Ronald L. Nelson reports changes in beneficial ownership of Wyndham Hotels & Resorts stock, including acquisitions of deferred stock units and adjustments to previously reported holdings.
Summary
- On April 26, 2024, Ronald L. Nelson, a director of Wyndham Hotels & Resorts, reported changes in his beneficial ownership of the company's stock.
- He acquired 486 shares of common stock in the form of deferred stock units for quarterly retainer fees and dividends at a price of $0.
- Nelson's total holdings were adjusted to exclude five deferred stock units that were incorrectly awarded and reported in a previous filing on February 21, 2024.
- Following the reported transactions, Nelson beneficially owns 13,217 deferred stock units, 3,833 restricted stock units, and 30,939.505 shares of common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock ownership changes, with no inherent positive or negative sentiment.
Future Outlook
The deferred stock units will be converted to common stock upon the reporting person's retirement or termination of service from the Board of Directors.
Industry Context
This filing is a routine disclosure of changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock ownership of a company director.
Key Dates
| Date | Description |
|---|---|
| 02/21/2024 | Date of previous Form 4 filing containing an error in the number of deferred stock units awarded. |
| 04/26/2024 | Date of the transaction (acquisition of deferred stock units) reported in this Form 4. |
| 04/30/2024 | Date of signature for the Form 4 filing. |
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