Choice Hotels (CHH) CEO receives 12,225-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pacious Patrick reported acquisition or exercise transactions in this Form 4 filing.
Choice Hotels International President and CEO Patrick Pacious reported an equity award of 12,225 shares of common stock in the form of restricted stock units. These units vest in four equal annual installments beginning on March 2, 2027, providing long-term, stock-based compensation. After this grant, his directly held common stock position is 450,102 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pacious Patrick
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,225 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 450,102 shares (Direct)
Footnotes (1)
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FAQ
What did CHH CEO Patrick Pacious report in this Form 4 filing?
Patrick Pacious reported an equity award of 12,225 shares of Choice Hotels common stock. The award is structured as restricted stock units that provide long-term stock-based compensation and increased his directly held position to 450,102 shares after the grant.
Is the CHH Form 4 transaction a purchase or a grant?
The CHH Form 4 transaction is a grant, not an open-market purchase. It is classified as a “Grant, award, or other acquisition” of 12,225 restricted stock units awarded to President and CEO Patrick Pacious as part of his compensation.
What is the vesting schedule for the CHH CEO’s restricted stock units?
The restricted stock units vest in four equal annual installments beginning on March 2, 2027. This means the 12,225-share award will be released in four tranches over four years, aligning the CEO’s compensation with longer-term company performance.