Choice Hotels (NYSE: CHH) chair receives 3,242-share restricted stock grant
Rhea-AI Filing Summary
Choice Hotels International chairman Stewart Bainum Jr reported several equity changes in company common stock. On February 26, 2026, he received a grant of 3,242 restricted shares at $107.98 per share. According to the footnote, these restricted shares vest in three equal installments on the first, second, and third anniversaries of the grant date.
On March 2, 2026, an additional Form 4 entry classified as an “other acquisition or disposition” for 2,430 shares at a stated price of $0.00 adjusted his holdings between direct and indirect accounts. After this change, he directly holds 5,766 common shares.
The filing also lists 2,558,922 shares held indirectly, with ownership described in footnotes as interests through the Stewart Bainum Jr. Trust and its proportionate interest in shares owned by White Oak Legacy, Inc., an investment company where he is a noncontrolling shareholder and shares voting authority.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 2,430 | $0.00 | -- |
| Other | Common Stock | 2,430 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| Grant/Award | Common Stock | 3,242 | $107.98 | $350K |
Footnotes (1)
- Represents grant of restricted stock, the vesting of which shall occur in three equal installments on the first, second and third anniversary of the grant date. Shares owned by Stewart Bainum Jr. Declaration of Trust ("Stewart Bainum Jr. Trust") in which Mr. Bainum, Jr. is a trustee and sole current beneficiary. The proportionate interest of the Stewart Bainum, Jr. Trust in shares (6,821,574) owned by White Oak Legacy, Inc. (White Oak Legacy") an investment company in which Mr. Bainum is a noncontrolling shareholder and shares voting authority. White Oak Legacy owns Choice stock as well as other assets.