Executive at Choice Hotels (NYSE: CHH) receives 5,731-share stock grant

Rhea-AI Filing Summary

Ramirez Sanchez Raul reported acquisition or exercise transactions in this Form 4 filing.

Choice Hotels International reported that Chief Segment & International Operations Officer Raul Ramirez Sanchez received an equity award of 5,731 shares of common stock as a grant with no cash paid per share. Following this award, his directly held common stock increased to 24,024 shares. The award represents restricted stock units that will vest in four equal annual installments starting on March 2, 2027, tying part of his compensation to the company’s long-term performance.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ramirez Sanchez Raul

Role Chief Seg & Intl Op Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,731	$0.00	--

Holdings After Transaction: Common Stock — 24,024 shares (Direct)

Footnotes (1)

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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^*

Ramirez Sanchez Raul

(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)
	Chief Seg & Intl Op Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

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	02/26/2026		A(1)		5,731	A	$0	24,024	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 units vest in four equal annual installments beginning on March 2, 2027.

	Sharon Houle Randall, Attorney In Fact	02/27/2026
	** 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 did Choice Hotels (CHH) insider Raul Ramirez Sanchez report on this Form 4?

Raul Ramirez Sanchez reported receiving a grant of 5,731 shares of Choice Hotels common stock. This equity award increased his directly held position to 24,024 shares and forms part of his executive compensation package.

Was the Choice Hotels (CHH) Form 4 transaction a stock purchase or a grant?

The Form 4 shows a stock grant, not an open-market purchase. The transaction code "A" indicates a grant or award acquisition, with a price of $0.00 per share, reflecting compensation rather than a cash investment.

How many Choice Hotels (CHH) shares does Raul Ramirez Sanchez hold after this grant?

After the reported grant, Raul Ramirez Sanchez directly holds 24,024 shares of Choice Hotels common stock. This total includes the newly awarded 5,731 shares reported in the Form 4 insider transaction filing.

Are the 5,731 Choice Hotels (CHH) shares granted to Raul Ramirez Sanchez fully vested?

The 5,731 shares are in the form of restricted stock units and are not fully vested immediately. They vest in four equal annual installments beginning on March 2, 2027, aligning vesting with multi-year service and performance.

What does transaction code "A" mean in the Choice Hotels (CHH) Form 4 filing?

Transaction code "A" on the Form 4 indicates a grant, award, or other acquisition of securities. For Choice Hotels, it reflects an equity compensation grant of 5,731 shares to executive Raul Ramirez Sanchez at no cash cost per share.