Form 4: Wyndham Hotels & Resorts: Officer Rossi Reports Stock Transactions Following RSU Vesting
SEC Form 4
Nicola Rossi, Chief Accounting Officer of Wyndham Hotels & Resorts, reports the acquisition and disposal of common stock related to the vesting of restricted stock units (RSUs) under the company's 2018 Equity and Incentive Plan.
Summary
- On February 27, 2025, Nicola Rossi acquired 2,636 shares of Wyndham Hotels & Resorts common stock upon the vesting of previously-granted restricted stock units (RSUs).
- On the same day, 1,349 shares were withheld to cover tax liabilities associated with the RSU vesting at a price of $108.1 per share.
- On March 1, 2025, Rossi acquired 3,292 shares of common stock upon the vesting of additional RSUs.
- Also on March 1, 1,685 shares were withheld for tax liabilities at a price of $108.33 per share.
- Following these transactions, Rossi directly owns 3,198 shares of common stock and 11,141 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by an officer, indicating a neutral sentiment.
Positives
- The vesting of RSUs indicates that Rossi is meeting the requirements of the 2018 Equity and Incentive Plan.
Industry Context
This filing is a routine disclosure related to executive compensation and equity awards, common in the hospitality industry.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation and do not significantly alter the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Vesting of restricted stock units and acquisition of 2,636 shares; withholding of 1,349 shares for tax liabilities. |
| 03/01/2025 | Vesting of restricted stock units and acquisition of 3,292 shares; withholding of 1,685 shares for tax liabilities. |
| 03/03/2025 | Date of signature for the Form 4 filing. |
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