Choice Hotels director receives stock award at $117.65

CHOICE HOTELS INTERNATIONAL INC /DE director Monte JM Koch reported a compensation-related share acquisition.

Rhea-AI Filing Summary

CHOICE HOTELS INTERNATIONAL INC /DE director Monte JM Koch reported a compensation-related share acquisition. On April 15, 2026, Koch acquired 27.1 shares of Choice Hotels common stock as a grant, award, or other acquisition at a weighted average price of $117.65 per share, with individual trade prices ranging from $117.43 to $117.80. Following this transaction, Koch directly owns 20,621.36 shares of Choice Hotels common stock, indicating a routine, small incremental increase in his equity stake.

Insider Trade Summary

Grant/Award: 27.1 shares

Grant/Award 1 txn

Insider Koch Monte JM

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	27.1	$117.65	$3K

Holdings After Transaction: Common Stock — 20,621.36 shares (Direct)

Footnotes (1)

1. F1. Weighted average price, as these shares were purchased in multiple transactions at prices ranging from $117.43 to $117.80, 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.

Key Figures

Shares acquired: 27.1 shares Weighted average price: $117.65 per share Price range: $117.43–$117.80 per share +1 more

4 metrics

Shares acquired 27.1 shares Common stock grant on April 15, 2026

Weighted average price $117.65 per share Average price across multiple transactions in the award

Price range $117.43–$117.80 per share Range of prices for individual transactions in the award

Post-transaction holdings 20,621.36 shares Director’s direct ownership after the Form 4 transaction

Key Terms

Grant, award, or other acquisition, weighted average price, Common Stock, Form 4

4 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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.

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

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

What insider transaction did Monte JM Koch report at CHOICE HOTELS (CHH)?

Monte JM Koch reported acquiring 27.1 shares of CHOICE HOTELS common stock as a grant, award, or other acquisition. This Form 4 filing reflects a small, compensation-related increase in his direct ownership position rather than an open-market purchase or sale.

At what price were Monte JM Koch’s CHH shares acquired in this Form 4?

The 27.1 shares were acquired at a weighted average price of $117.65 per share. A footnote explains they were executed in multiple transactions, with individual prices ranging from $117.43 to $117.80, resulting in the stated weighted average price.

How many CHOICE HOTELS (CHH) shares does Monte JM Koch own after this transaction?

After this reported acquisition, Monte JM Koch directly owns 20,621.36 shares of CHOICE HOTELS common stock. The filing lists this figure as his total direct holdings following the transaction, giving context to the relatively small size of the new share award.

Is Monte JM Koch’s CHH Form 4 transaction a buy or a compensation grant?

The transaction is classified as a grant, award, or other acquisition rather than an open-market purchase. The Form 4 uses transaction code “A” and describes the action as a grant/award acquisition, indicating it is compensation-related stock, not a discretionary market trade.

Does Monte JM Koch hold any CHOICE HOTELS derivative securities after this Form 4?

The derivative section of the filing is empty, indicating no derivative positions such as stock options or similar instruments are reported in this Form 4. The disclosed activity relates only to non-derivative common stock and a small increment in his direct share ownership.

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

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Accepted by SEC EDGAR 04/16/2026 - 02:12 PM EDT 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^*

Koch Monte JM

(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)
04/15/2026

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	04/15/2026		A		27.1	A	$117.65(1)	20,621.36	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 $117.43 to $117.80, 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.

	Sharon Houle Randall, Attorney In Fact	04/16/2026
	** 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)