Director Gordon Smith buys Choice Hotels (NYSE: CHH) shares at $106.26

Rhea-AI Filing Summary

Choice Hotels director Gordon Smith reported acquiring 22.6000 shares of common stock on July 15, 2026, in multiple transactions at a weighted average price of $106.2600, within a range of $105.86 to $106.69 per share. Following this acquisition, he directly holds 9736.0700 shares of the company.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Smith Gordon

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	22.6	$106.26	$2K

Holdings After Transaction: Common Stock — 9,736.07 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Shares acquired: 22.6000 shares Weighted average price: $106.2600 per share Price range: $105.86–$106.69 per share +1 more

4 metrics

Shares acquired 22.6000 shares Common Stock acquired on 2026-07-15

Weighted average price $106.2600 per share Price for the 22.6000 shares acquired

Price range $105.86–$106.69 per share Range of multiple purchase transactions on 2026-07-15

Total direct holdings 9736.0700 shares Common Stock held directly after the reported transaction

Key Terms

weighted average price, multiple transactions, Securities and Exchange Commission

3 terms

weighted average price financial

"Weighted average price, as these shares were purchased in multiple transactions"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

multiple transactions financial

"shares were purchased in multiple transactions at prices ranging from $105.86"

Securities and Exchange Commission regulatory

"staff of the Securities and Exchange Commission, upon request"

A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/17/2026 - 09:31 AM Accepted by SEC EDGAR 07/17/2026 - 09:30 AM Learn about SEC filing dates

FAQ

What did director Gordon Smith report in his latest Form 4 for CHH?

Director Gordon Smith reported acquiring 22.6000 shares of Choice Hotels common stock on July 15, 2026. The shares were bought in multiple transactions at a weighted average price of $106.2600, increasing his direct holdings to 9736.0700 shares after the transaction.

At what prices did Gordon Smith buy CHH (Choice Hotels) shares?

Gordon Smith’s CHH purchases were executed at a weighted average price of $106.2600 per share. According to the disclosure, individual trades occurred in multiple transactions at prices ranging from $105.86 to $106.69 per share, inclusive.

How many CHH shares does Gordon Smith hold directly after this Form 4 transaction?

After the reported acquisition, Gordon Smith directly holds 9736.0700 shares of Choice Hotels common stock. This figure reflects his direct ownership immediately following the July 15, 2026 transactions, as shown in the post-transaction holdings reported.

Was Gordon Smith’s CHH trade made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox was not marked, so the transaction is not affirmed as executed under a Rule 10b5-1 trading plan. No footnote describes the trades as being made pursuant to any pre-arranged trading arrangement.

What type of security did Gordon Smith acquire in CHH according to the Form 4?

Gordon Smith acquired Common Stock of Choice Hotels International Inc. The Form 4 shows a single non-derivative transaction in common shares, with 22.6000 shares acquired at a weighted average price of $106.2600 across multiple market transactions.

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^*

Smith Gordon

(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)
07/15/2026

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	07/15/2026		A		22.6	A	$106.26(1)	9,736.07	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. Weighted average price, as these shares were purchased in multiple transactions at prices ranging from $105.86 to $106.69, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

	Jeff Lobb, Attorney In Fact	07/17/2026
	** 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)