Director Liza Landsman adds Choice Hotels (NYSE: CHH) stock

Rhea-AI Filing Summary

CHOICE HOTELS INTERNATIONAL INC /DE director Liza Landsman acquired 21 shares of Common Stock on 2026-07-15. The shares were bought in multiple transactions at a weighted average price of $106.26, within a range of $105.86 to $106.69. Following this acquisition, her direct holdings total 16,173.29 shares. The transaction is reported as an acquisition and is not indicated as made under a Rule 10b5-1 trading plan.

Insider Trade Summary

Net Buyer: 21 shares

Net Buy 1 txn

Insider Landsman Liza

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	21	$106.26	$2K

Holdings After Transaction: Common Stock — 16,173.29 shares (Direct)

Footnotes (1)

1. F1. Weighted average price, as these shares were purchased in multiple transactions at prices ranging from $105.86 to $106.69, 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: 21.0000 shares Weighted average price: $106.26 per share Price range low: $105.86 +3 more

6 metrics

Shares acquired 21.0000 shares Common Stock acquired on 2026-07-15

Weighted average price $106.26 per share Weighted average purchase price for 21 shares

Price range low $105.86 Lowest price in the multiple purchase transactions

Price range high $106.69 Highest price in the multiple purchase transactions

Shares owned after transaction 16173.2900 shares Direct Common Stock holdings following the acquisition

Transaction date 2026-07-15 Date of the reported Common Stock acquisition

Key Terms

Common Stock, Weighted average price, Securities and Exchange Commission

3 terms

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.

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.

Securities and Exchange Commission regulatory

"staff of the Securities and Exchange Commission, upon request, additional information"

A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/17/2026 - 09:28 AM Accepted by SEC EDGAR 07/17/2026 - 09:28 AM Learn about SEC filing dates

FAQ

What insider transaction did Liza Landsman report for CHH?

Liza Landsman reported acquiring 21 shares of CHOICE HOTELS INTERNATIONAL INC /DE (CHH) Common Stock on 2026-07-15. The shares were bought in multiple trades at a weighted average price of $106.26, with prices ranging from $105.86 to $106.69.

At what price did the CHH director acquire her new shares?

The director acquired the shares at a weighted average price of $106.26 per share. According to the disclosure, the purchases occurred in multiple transactions, with individual prices ranging between $105.86 and $106.69, inclusive, all on the same trade date.

How many CHH shares does Liza Landsman own after this transaction?

After the reported acquisition, Liza Landsman directly owns 16,173.29 shares of CHOICE HOTELS INTERNATIONAL INC /DE Common Stock. This total reflects the addition of 21 shares acquired on 2026-07-15 at the disclosed weighted average price range.

Was the CHH insider trade by Liza Landsman under a Rule 10b5-1 plan?

The disclosure indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox is shown as unchecked, meaning the acquisition of 21 shares was not executed under a pre-arranged trading program.

What type of security did the CHH director acquire in this transaction?

Liza Landsman acquired Common Stock of CHOICE HOTELS INTERNATIONAL INC /DE (CHH). The transaction involved 21 shares purchased on 2026-07-15 at a weighted average price of $106.26, with individual trade prices between $105.86 and $106.69.

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)
07/15/2026

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	07/15/2026		A		21	A	$106.26(1)	16,173.29	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 $105.86 to $106.69, 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.

	Jeff Lobb, Attorney In Fact	07/17/2026
	** 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)