Choice Hotels (NYSE: CHH) director Liza Landsman donates 1,028 shares

Rhea-AI Filing Summary

Choice Hotels International director Liza Landsman reported a charitable gift of 1,028 shares of Common Stock of CHH on June 22, 2026. The transaction was a bona fide gift at a reported price of $0.00 per share, meaning no sale proceeds were received. After this donation, Landsman directly holds 16,152.29 shares of Choice Hotels common stock, indicating she retains a substantial equity position following the charitable transfer.

Insider Trade Summary

1,028 shares gifted

Mixed 1 txn

Insider Landsman Liza

Role null

Type	Security	Shares	Price	Value
Gift	Common Stock	1,028	$0.00	--

Holdings After Transaction: Common Stock — 16,152.29 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Gifted shares: 1,028 shares Transaction price: $0.00 per share Shares held after gift: 16,152.29 shares +1 more

4 metrics

Gifted shares 1,028 shares Bona fide gift of Common Stock on June 22, 2026

Transaction price $0.00 per share Price reported for gifted shares

Shares held after gift 16,152.29 shares Direct holdings following the transaction

Gift transactions 1 transaction, 1,028 shares Summary of gift activity in this Form 4

Key Terms

Common Stock, bona fide gift, charitable donation

3 terms

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.

bona fide gift financial

"transaction_code_description: "Bona fide gift""

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

charitable donation financial

"footnote: "Represents a charitable donation.""

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/08/2026 - 06:31 PM Accepted by SEC EDGAR 07/08/2026 - 06:30 PM Learn about SEC filing dates

FAQ

What insider transaction did CHH director Liza Landsman report?

Director Liza Landsman reported a bona fide gift of 1,028 shares of Choice Hotels Common Stock. The filing shows this as a charitable donation at a price of $0.00 per share, with no sale proceeds and continued share ownership afterward.

How many CHH shares did Liza Landsman hold after the reported gift?

After the charitable gift, Liza Landsman directly held 16,152.29 shares of Choice Hotels Common Stock. This post-transaction figure in the filing indicates she maintains a meaningful stake in CHH even after donating 1,028 shares.

Was Liza Landsman’s CHH transaction a sale or a gift?

The transaction was a bona fide gift, not an open-market sale. The Form 4 lists transaction code G, describes a gift transfer with a $0.00 per-share price, and includes a footnote stating it represents a charitable donation.

Does the CHH Form 4 show any buying or selling by Liza Landsman?

The Form 4 does not show any open-market buying or selling. It reports a single bona fide gift transaction of 1,028 CHH shares, classified as a charitable donation, with Landsman retaining 16,152.29 shares afterward.

What is the significance of the $0.00 price on Liza Landsman’s CHH Form 4?

The $0.00 per-share price reflects that the transaction was a gift, not a sale. In a bona fide gift or charitable donation, no cash consideration is exchanged, so the filing properly records a zero transaction price for the transferred shares.

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)
06/22/2026

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	06/22/2026		G		1,028(1)	D	$0	16,152.29	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. Represents a charitable donation.

	Sharon Houle Randall, Attorney In Fact	07/08/2026
	** 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)