Choice Hotels director granted 1,570 restricted shares

Landsman Liza reported acquisition or exercise transactions in this Form 4 filing.

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.

Insider Trade Summary

Grant/Award: 1,570 shares

Grant/Award 1 txn

Insider Landsman Liza

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,570	$0.00	$0.00

Holdings After Transaction: Common Stock — 17,180.29 shares (Direct)

Footnotes (1)

1. F1. Restricted stock will vest in three annual installments beginning on the first anniversary of the grant date.

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

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

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.

How many CHH shares does Liza Landsman hold after this grant?

After the restricted stock grant, Liza Landsman directly holds 17,180.29 shares of Choice Hotels Common Stock. This figure reflects her position immediately following the 1,570-share award reported in the Form 4 insider trading disclosure.

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.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/26/2026 - 04:11 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 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)
05/21/2026

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	05/21/2026		A(1)		1,570	A	$0	17,180.29	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. Restricted stock will vest in three annual installments beginning on the first anniversary of the grant date.

	Sharon Houle Randall, Attorney In Fact	05/26/2026
	** 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)