CHH director receives stock award at $117.65

CHOICE HOTELS INTERNATIONAL INC /DE director Maureen Sullivan received additional common shares through an equity award.

Rhea-AI Filing Summary

CHOICE HOTELS INTERNATIONAL INC /DE director Maureen Sullivan received additional common shares through an equity award. She acquired 22.9 shares of Common Stock at a weighted average price of $117.65 per share, increasing her direct holdings to 12,022.4 shares after the transaction.

Insider Trade Summary

Grant/Award: 22.9 shares

Grant/Award 1 txn

Insider Maureen Sullivan

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	22.9	$117.65	$3K

Holdings After Transaction: Common Stock — 12,022.4 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Shares acquired: 22.9 shares Weighted average price: $117.65 per share Post-transaction holdings: 12,022.4 shares +1 more

4 metrics

Shares acquired 22.9 shares Grant/award of Common Stock on 2026-04-15

Weighted average price $117.65 per share Price for awarded Common Stock

Post-transaction holdings 12,022.4 shares Directly owned Common Stock after award

Price range $117.43–$117.80 Range of transaction prices in weighted average

Key Terms

Grant, award, or other acquisition, weighted average price, Form 4, Common Stock

4 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CHH director Maureen Sullivan report on this Form 4?

Maureen Sullivan reported acquiring 22.9 shares of CHH Common Stock via a grant or award. The transaction increased her directly held position to 12,022.4 shares, as shown in the post-transaction ownership line in the filing.

Was Maureen Sullivan’s CHH transaction an open-market purchase or an equity grant?

The filing classifies the transaction under code A as a grant, award, or other acquisition. This indicates a compensation-related share award rather than a discretionary open-market purchase of Choice Hotels International (CHH) stock.

What price is listed for Maureen Sullivan’s CHH share acquisition?

The reported price is a weighted average of $117.65 per share. A footnote explains the shares were transacted across multiple prices ranging from $117.43 to $117.80, with $117.65 reflecting the average price for this award.

How many CHH shares does Maureen Sullivan own after this Form 4 transaction?

After the reported equity award, Maureen Sullivan directly owns 12,022.4 shares of Choice Hotels International Common Stock. This post-transaction figure comes from the “shares following transaction” line in the non-derivative holdings table.

Does the CHH Form 4 footnote provide additional pricing detail on the transaction?

Yes. The footnote states the $117.65 figure is a weighted average and that individual trades occurred between $117.43 and $117.80. It also notes the reporting person will provide more detailed price breakdowns upon request.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/16/2026 - 02:14 PM EDT Learn about SEC filing dates

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^*

Maureen Sullivan

(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		22.9	A	$117.65(1)	12,022.4	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)