Ryman Hospitality (RHP) Form 4: Minor RSU Accrual to Director

Rhea-AI Filing Summary

Ryman Hospitality Properties, Inc. (RHP) – Form 4 filing, 15 Jul 2025

Director Christine Pantoya reported two derivative security entries, both involving restricted stock units (RSUs) and no open-market transactions:

• 1,283 RSUs credited on 15 Jul 2025 as an automatic dividend equivalent adjustment tied to RHP’s $1.15/share cash dividend paid the same day; these RSUs vest 100% on 8 May 2027.
• 1,214 RSUs previously granted, with vesting voluntarily deferred by the Director until 9 May 2026.

Both awards are recorded as direct ownership; following the transactions the Director beneficially owns the same number of RSUs reported (total 2,497 units). No common shares were bought or sold, and there is no indication of option exercises or dispositions. The filing is routine and does not materially affect RHP’s capital structure or insider ownership profile.

Insights

Corporate Governance Analyst

TL;DR – Routine RSU adjustments; no share sales; neutral corporate impact.

The Form 4 shows only non-cash RSU accruals for Director Pantoya, triggered by a normal dividend and by elective deferral. Such entries are standard under RHP’s equity plan and do not represent insider buying or selling. The aggregate 2,497 RSUs are immaterial relative to RHP’s ~55 million shares outstanding, so dilution and signaling impact are negligible. Investors should regard this as ordinary-course reporting compliance rather than a catalyst.

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
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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^*

Pantoya Christine

(Last) (First) (Middle)

14 CHAPEL STREET

(Street)

SUMMIT NJ 07901

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ryman Hospitality Properties, Inc. [ RHP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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

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
Restricted Stock Units	$0							(1)	(1)	Common Stock	1,283		1,283(2)	D
Restricted Stock Units	$0							(3)	(3)	Common Stock	1,214		1,214(2)	D

Explanation of Responses:

1. Restricted Stock unit vest 100% on May 8, 2027.

2. In accordance with the terms of the reporting person's outstanding restricted stock unit awards, as a result of the $1.15 dividend per share of outstanding common stock paid by the issuer on July 15, 2025, the reporting person received additional restricted stock units in an amount based on the amount of the dividend per share and the closing price of the issuer's common stock traded on the NYSE on June 30, 2025.

3. Director has deferred vesting of these restricted stock units until May 9, 2026.

	Scott J. Lynn, Attorney-in-Fact for Christine Pantoya	07/15/2025
	** 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.

FAQ

What insider activity was reported in RHP's latest Form 4?

Director Christine Pantoya reported receipt of 1,283 RSUs via dividend adjustment and holds 1,214 deferred RSUs; no shares were bought or sold.

Why did Christine Pantoya receive 1,283 additional RSUs in RHP?

The extra RSUs were credited due to RHP’s $1.15 per-share dividend paid 15 Jul 2025, as required under the equity award terms.

When will the newly reported RSUs vest?

1,283 units vest fully on 8 May 2027; the previously granted 1,214 units are deferred until 9 May 2026.

Did the RHP Director sell any common stock in this filing?

No. The Form 4 shows no dispositions of common shares or derivative securities.

How many RSUs does the Director own after the reported transactions?

The Form 4 indicates direct beneficial ownership of 2,497 RSUs in total.