Choice Hotels (NYSE: CHH) general counsel details stock and option stakes
Rhea-AI Filing Summary
Choice Hotels International senior vice president and general counsel Jeffrey W. Lobb has disclosed his equity holdings in the company. He directly owns 9,719 shares of common stock.
He also holds three sets of employee stock options, each giving a right to buy common stock at fixed prices and with long-dated expirations. One grant covers 2,054 underlying shares at an exercise price of $104.87 per share expiring on February 26, 2031, another covers 1,989 underlying shares at $146.68 expiring on February 25, 2032, and a third covers 1,009 underlying shares at $123.71 expiring on March 2, 2033. Footnotes explain that these options vest or have vested in four equal annual installments beginning in March 2022, March 2023, or March 2024, reflecting a multi-year compensation structure.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Lobb Jeffrey W
Role
SVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Option (Right to buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to buy) — 5,052 shares (Direct);
Common Stock — 9,719 shares (Direct)
Footnotes (3)
- F1. Options vested in four equal annual installments beginning on March 2, 2022.
- F2. Options vested in four equal annual installments beginning on March 2, 2023.
- F3. Options vest in four equal annual installments beginning on March 2, 2024.
Key Figures
Direct common shares: 9,719 shares
Option strike price 1: $104.87/share
Underlying shares 1: 2,054 shares
+4 more
7 metrics
Direct common shares
9,719 shares
Directly owned by Jeffrey W. Lobb
Option strike price 1
$104.87/share
Employee stock option expiring February 26, 2031
Underlying shares 1
2,054 shares
Common stock underlying $104.87 options
Option strike price 2
$146.68/share
Employee stock option expiring February 25, 2032
Underlying shares 2
1,989 shares
Common stock underlying $146.68 options
Option strike price 3
$123.71/share
Employee stock option expiring March 2, 2033
Underlying shares 3
1,009 shares
Common stock underlying $123.71 options
Key Terms
Employee Stock Option (Right to buy), vest in four equal annual installments, exercise price, underlying security, +1 more
5 terms
Employee Stock Option (Right to buy) financial
"security_title: Employee Stock Option (Right to buy)"
vest in four equal annual installments financial
"Options vest in four equal annual installments beginning on March 2, 2024."
exercise price financial
"conversion_or_exercise_price: "104.8700""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
underlying security financial
"underlying_security_title: "Common Stock""
expiration date financial
"expiration_date: "2033-03-02T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider ownership in CHH does Jeffrey W. Lobb report?
Jeffrey W. Lobb reports direct ownership of 9,719 shares of Choice Hotels common stock. In addition, he holds several employee stock options that, if exercised, would provide rights to buy more shares at preset prices over future years.
What stock options tied to CHH does Jeffrey W. Lobb hold?
Jeffrey W. Lobb holds three employee stock option awards on Choice Hotels stock. They relate to 2,054 underlying shares at $104.87, 1,989 shares at $146.68, and 1,009 shares at $123.71, each expiring between 2031 and 2033.
How do Jeffrey W. Lobb’s CHH options vest over time?
The disclosure states that the options vest in four equal annual installments beginning on March 2, 2022, March 2, 2023, or March 2, 2024, depending on the grant. This indicates a long-term, service-based compensation structure aligned with multi-year employment.
What are the expiration dates of Jeffrey W. Lobb’s CHH options?
Jeffrey W. Lobb’s employee stock options on Choice Hotels common stock expire on February 26, 2031, February 25, 2032, and March 2, 2033. These long expirations provide an extended window in which he can decide whether to exercise the options.
Does this CHH disclosure show any insider buying or selling activity?
The disclosure lists holdings of common stock and options for Jeffrey W. Lobb rather than specific purchases or sales. All transactions in the structured data are categorized with an unknown direction and shown as holdings, not as new buys or sales.