Choice Hotels (NYSE: CHH) director buys 16.78 shares in open-market trades

Rhea-AI Filing Summary

Choice Hotels International director Liza Landsman acquired additional company stock through market purchases. She purchased 16.78 shares of common stock at a weighted average price of $117.65 per share, in multiple transactions within a price range of $117.43 to $117.80.

Following this acquisition, she directly holds a total of 15,610.3 shares of Choice Hotels International common stock. The filing notes that detailed breakdowns of the individual trade prices within this range are available on request from the company, its security holders, or the SEC staff.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Landsman Liza

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	16.78	$117.65	$2K

Holdings After Transaction: Common Stock — 15,610.3 shares (Direct)

Footnotes (1)

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Key Figures

Shares acquired: 16.78 shares Weighted average price: $117.65 per share Price range: $117.43–$117.80 per share +1 more

4 metrics

Shares acquired 16.78 shares Common stock acquired in open-market purchases

Weighted average price $117.65 per share Average purchase price for 16.78 shares

Price range $117.43–$117.80 per share Range of individual trade prices for purchased shares

Total shares owned after 15,610.3 shares Direct CHH common stock holdings after acquisition

Key Terms

Weighted average price, multiple transactions, security holder, staff of the Securities and Exchange Commission, +1 more

5 terms

Weighted average price financial

"Weighted average price, as these shares were purchased in multiple transactions"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

multiple transactions financial

"these shares were purchased in multiple transactions at prices ranging"

security holder regulatory

"provide to the issuer, any security holder of the issuer, or the staff"

staff of the Securities and Exchange Commission regulatory

"or the staff of the Securities and Exchange Commission, upon request"

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Landsman Liza

(Last) (First) (Middle)

915 MEETING STREET

SUITE 600

(Street)

NORTH BETHESDA MARYLAND 20852

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CHOICE HOTELS INTERNATIONAL INC /DE [ CHH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/15/2026		A		16.78	A	$117.65(1)	15,610.3	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Weighted average price, as these shares were purchased in multiple transactions at prices ranging from $117.43 to $117.80, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

	Sharon Houle Randall, Attorney In Fact	04/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Liza Landsman report for CHH?

Liza Landsman reported acquiring additional Choice Hotels International (CHH) common stock. She purchased 16.78 shares in market transactions and now directly holds 15,610.3 shares in total, according to the Form 4 insider filing details.

How many Choice Hotels (CHH) shares did Liza Landsman acquire?

Liza Landsman acquired 16.78 shares of Choice Hotels International common stock. These shares were bought in multiple market transactions, increasing her direct ownership to a total of 15,610.3 shares as disclosed in the Form 4 filing.

At what price did Liza Landsman purchase CHH shares in this filing?

She bought the shares at a weighted average price of $117.65 per share. The purchases occurred in multiple trades, with individual prices ranging from $117.43 to $117.80, as described in the Form 4 footnote accompanying the transaction.

What is Liza Landsman’s total CHH shareholding after this transaction?

After the reported acquisition, Liza Landsman directly owns 15,610.3 shares of Choice Hotels International common stock. This total reflects her holdings immediately following the 16.78-share purchase disclosed in the insider Form 4 filing.

Were Liza Landsman’s CHH shares granted or purchased on the market?

The shares were purchased on the open market rather than granted. A footnote explains the 16.78 shares were bought in multiple transactions at prices between $117.43 and $117.80, producing a weighted average purchase price of $117.65 per share.

Can investors see the exact trade prices for Liza Landsman’s CHH purchases?

The filing states that detailed trade information is available on request. Landsman undertakes to provide the issuer, any security holder, or SEC staff the number of shares purchased at each separate price within the $117.43 to $117.80 range.