Choice Hotels director acquires CHH shares

Choice Hotels International director Liza Landsman reported acquiring additional company stock.

Rhea-AI Filing Summary

Choice Hotels International director Liza Landsman reported acquiring additional company stock. On 01/15/2026, she acquired 18.17 shares of common stock in an open-market purchase at a weighted average price of $108.34 per share, with individual trades executed between $108.21 and $108.39.

Following this transaction, Landsman directly beneficially owns 15,593.5 shares of Choice Hotels International common stock. The filing notes that detailed trade-by-trade pricing within the stated range is available upon request from the company, its shareholders, or the SEC staff.

Insider Trade Summary

Grant/Award: 18.17 shares

Grant/Award 1 txn

Insider Landsman Liza

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	18.17	$108.34	$2K

Holdings After Transaction: Common Stock — 15,593.5 shares (Direct)

Footnotes (1)

1. F1. Weighted average price, as these shares were purchased in multiple transactions at prices ranging from $108.21 to $108.39, 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.

FAQ

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

Who reported the insider transaction at Choice Hotels (CHH)?

The reporting person is Liza Landsman, who serves as a director of Choice Hotels International Inc.

What type of security did Liza Landsman acquire in this Form 4 for CHH?

She acquired Common Stock of Choice Hotels International Inc., as disclosed in Table I for non-derivative securities.

How many Choice Hotels (CHH) shares did the director acquire and at what price?

Liza Landsman acquired 18.17 shares of common stock at a weighted average price of $108.34 per share, with individual trades between $108.21 and $108.39.

How many Choice Hotels (CHH) shares does Liza Landsman own after this transaction?

After the reported purchase, Liza Landsman beneficially owns 15,593.5 shares of Choice Hotels International common stock, held directly.

Was this Choice Hotels (CHH) insider transaction part of a Rule 10b5-1 trading plan?

The form includes a checkbox for indicating if a transaction was made under a Rule 10b5-1(c) trading plan, but the provided excerpt does not show that box as selected.

What does the weighted average price footnote mean in this CHH Form 4?

The footnote explains that the reported $108.34 is a weighted average price, since the shares were purchased in multiple trades at prices ranging from $108.21 to $108.39. The reporting person offers to provide the number of shares purchased at each separate price upon request.

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

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Accepted by SEC EDGAR 01/16/2026 - 02:58 PM 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^*

Landsman Liza

(Last) (First) (Middle)

915 MEETING STREET

SUITE 600

(Street)

NORTH BETHESDA MD 20852

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

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

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

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

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	01/15/2026		A		18.17	A	$108.34(1)	15,593.5	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 $108.21 to $108.39, 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	01/16/2026
	** 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.