Choice Hotels (CHH) executive reports tax-withholding share disposition

Rhea-AI Filing Summary

Choice Hotels International executive Simone Wu reported a tax-related share disposition. On this Form 4, Wu transferred 2,604 shares of Choice Hotels common stock at $104.15 per share to cover tax withholding obligations. After this tax-withholding disposition, Wu directly owned 51,971 shares of Choice Hotels common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider WU Simone

Role Senior Vice President

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	2,604	$104.15	$271K

Holdings After Transaction: Common Stock — 51,971 shares (Direct)

Footnotes (1)

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^*

WU Simone

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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	03/02/2026		F		2,604	D	$104.15	51,971	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:

	Sharon Houle Randall, Attorney In Fact	03/04/2026
	** 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.

FAQ

What insider transaction did CHH executive Simone Wu report?

Simone Wu reported a tax-withholding disposition of 2,604 Choice Hotels shares. The shares were used to satisfy tax obligations related to equity compensation, rather than being sold in an open-market transaction, according to the Form 4 details.

At what price were Simone Wu’s CHH shares used for tax withholding?

The 2,604 Choice Hotels shares were valued at $104.15 per share for the tax-withholding transaction. This price reflects the fair value used to determine how many shares were needed to cover the related tax liability.

How many CHH shares does Simone Wu own after this Form 4 transaction?

After the tax-withholding disposition, Simone Wu directly owned 51,971 Choice Hotels common shares. This post-transaction balance reflects her continuing equity stake in the company following satisfaction of the related tax obligations.

Was Simone Wu’s CHH Form 4 transaction an open-market sale?

No, the Form 4 describes the transaction as a tax-withholding disposition under code F. The shares were delivered to cover tax liabilities from equity awards, not sold as a discretionary open-market sale on an exchange.

What does transaction code F mean on Simone Wu’s CHH Form 4?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. For Simone Wu, the Form 4 notes a tax-withholding disposition, meaning shares were withheld or delivered to cover associated tax obligations.