Choice Hotels (CHH) director Liza Landsman receives 1,570-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Landsman Liza reported acquisition or exercise transactions in this Form 4 filing.
Choice Hotels International director Liza Landsman received a restricted stock award of 1,570 shares of Common Stock. The grant was made at a price of $0.00 per share as part of her equity compensation and increased her direct holdings to 17,180.29 shares.
According to the footnote, this restricted stock will vest in three equal annual installments, beginning on the first anniversary of the grant date. This is a routine, non-cash compensation grant rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Landsman Liza
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,570 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 17,180.29 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock granted: 1,570 shares
Grant price per share: $0.00 per share
Shares held after grant: 17,180.29 shares
+1 more
4 metrics
Restricted stock granted
1,570 shares
Equity award of Common Stock on May 21, 2026
Grant price per share
$0.00 per share
Non-cash restricted stock award
Shares held after grant
17,180.29 shares
Liza Landsman direct Common Stock holdings post-transaction
Vesting installments
3 annual installments
Restricted stock vests starting first anniversary of grant date
Key Terms
Restricted stock, Common Stock, Grant, award, or other acquisition, vesting
4 terms
Restricted stock financial
"Restricted stock will vest in three annual installments beginning on the first anniversary"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
vesting financial
"Restricted stock will vest in three annual installments beginning on the first anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Liza Landsman report in this Form 4 for CHH?
Liza Landsman reported receiving a restricted stock award of 1,570 shares of Choice Hotels Common Stock. The grant was made at $0.00 per share as equity compensation, increasing her direct holdings to 17,180.29 shares after the transaction.
Was the CHH Form 4 transaction an open-market buy or sell?
The Form 4 for CHH shows a grant, not an open-market trade. Transaction code A indicates a grant, award, or other acquisition, with 1,570 shares received at $0.00 per share as compensation rather than a discretionary market purchase or sale.
What is the vesting schedule of Liza Landsman’s CHH restricted stock?
The restricted stock granted to Liza Landsman will vest in three annual installments. Vesting begins on the first anniversary of the grant date, meaning the award becomes fully vested over three years, consistent with a typical director equity compensation structure.
What does transaction code A mean in the CHH Form 4 filing?
Transaction code A in the CHH Form 4 denotes a grant, award, or other acquisition of securities. In this case, it represents a restricted stock award of 1,570 Common Stock shares at $0.00 per share, received as part of Liza Landsman’s compensation.