Form 4: Wyndham Hotels & Resorts Executive Monica Melancon Reports Stock Transactions
SEC Form 4 Filing
Monica Melancon, Chief Human Resource Officer at Wyndham Hotels & Resorts, reports acquisition and disposal of company stock related to vesting of restricted stock units.
Summary
- Monica Melancon, Chief Human Resource Officer of Wyndham Hotels & Resorts, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- On March 1, 2024, Ms. Melancon acquired 3,032 shares of common stock upon the vesting of restricted stock units under the company's 2018 Equity and Incentive Plan.
- Also on March 1, 2024, 1,551 shares of common stock were withheld to cover tax liabilities associated with the vesting of these restricted stock units at a price of $75.97 per share.
- Following these transactions, Ms. Melancon directly owns 14,429 shares of common stock and 32,654 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
- The transactions have a minor impact on the overall share structure.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock acquisition and disposal due to vesting of restricted stock units. |
| 03/05/2024 | Date of Form 4 filing. |
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