Ryman Hospitality (RHP) CEO awarded new time- and performance-based RSUs
Rhea-AI Filing Summary
Ryman Hospitality Properties, Inc. President & CEO Mark Fioravanti reported the grant of two awards of restricted stock units. He acquired 20,808 time-based RSUs and 20,919 performance-based RSUs, both at a reported price of $0.00 per unit.
The time-based RSUs vest in equal parts over four years beginning on March 15, 2027. The performance-based RSUs are scheduled to vest on March 15, 2029 between 0% and 150% of the target amount, depending on the company’s total stockholder return relative to two peer groups selected by the compensation committee.
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Insights
CEO receives long-term RSU grants with time- and performance-based vesting.
The transactions show the CEO of Ryman Hospitality Properties, Inc. acquiring two equity awards: 20,808 time-based RSUs and 20,919 performance-based RSUs at a stated price of $0.00 per unit. These are non-cash compensation grants rather than open-market purchases.
The time-based RSUs vest ratably over four years starting March 15, 2027, aligning compensation with continued service. The performance-based RSUs cliff vest on March 15, 2029 and can pay out from 0% to 150% of target, depending on total stockholder return versus two compensation committee–designated peer groups.
This structure ties a portion of the CEO’s future equity to both retention and relative market performance. Actual value realized will depend on future stock performance and the company’s ranking against the specified peer groups at the 2029 vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 20,808 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 20,919 | $0.00 | -- |
Footnotes (1)
- Time-based restricted stock units vest ratably over four years beginning on March 15, 2027. Performance-based restricted stock units will vest on March 15, 2029 between 0% and 150% of the "target" performance level (the number of shares listed herein) based on the Company's achievement of total stockholder return relative to the median of two peer groups designated by the Company's compensation committee.
AI-generated analysis. How Rhea-AI works. Not financial advice.