Form 4: Wyndham Hotels & Resorts: Officer Nicola Rossi Reports Stock Transactions
SEC Form 4 Filing
Nicola Rossi, Chief Accounting Officer of Wyndham Hotels & Resorts, reports the acquisition and disposal of common stock and restricted stock units on March 1, 2024, related to vesting and tax obligations.
Summary
- On March 1, 2024, Nicola Rossi, Chief Accounting Officer of Wyndham Hotels & Resorts, acquired 1,455 shares of common stock upon the vesting of restricted stock units under the company's 2018 Equity and Incentive Plan.
- Rossi also disposed of 745 shares of common stock on the same day to cover tax liabilities associated with the vesting of these restricted stock units at a price of $75.97 per share.
- Following these transactions, Rossi directly owns 10,740 shares of common stock and 18,429 restricted stock units.
- The transactions were reported on Form 4, filed with the SEC on March 5, 2024.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment. It simply reflects the standard process of equity compensation and compliance with SEC regulations.
Industry Context
This filing is a routine disclosure of stock transactions by a company officer, as required by SEC regulations. It provides transparency into the insider's holdings and transactions, which is standard practice for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock acquisition and disposal due to vesting of restricted stock units and tax obligations. |
| 03/05/2024 | Date of Form 4 filing with the SEC. |
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