Ryman Hospitality (NYSE: RHP) CFO awarded time- and performance-based RSUs
Rhea-AI Filing Summary
Hutcheson Jennifer L reported acquisition or exercise transactions in this Form 4 filing.
Ryman Hospitality Properties, Inc. reported that EVP & Chief Financial Officer Jennifer L. Hutcheson received two equity awards in the form of restricted stock units. She was granted 5,876 time-based RSUs that vest ratably over four years beginning on March 15, 2027, and 5,907 performance-based RSUs that may vest on March 15, 2029 between 0% and 150% of the target level based on the company’s relative total stockholder return versus two designated peer groups.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hutcheson Jennifer L
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,876 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 5,907 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct)
Footnotes (2)
- F1. Time-based restricted stock units vest ratably over four years beginning on March 15, 2027.
- F2. 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.
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FAQ
What insider transaction did Ryman Hospitality Properties (RHP) disclose for Jennifer L. Hutcheson?
Ryman Hospitality reported equity awards to EVP & CFO Jennifer L. Hutcheson. She received 5,876 time-based restricted stock units and 5,907 performance-based restricted stock units as part of her compensation package, with future vesting tied to service and performance conditions.
How many restricted stock units did the Ryman (RHP) CFO receive in this Form 4?
The CFO received two RSU grants totaling 11,783 units. This includes 5,876 time-based restricted stock units and 5,907 performance-based restricted stock units, both granted at an exercise price of $0.00, reflecting stock-based compensation rather than a market purchase.
When do the time-based restricted stock units for Ryman (RHP) CFO vest?
The time-based restricted stock units begin vesting on March 15, 2027. They vest ratably over four years from that date, meaning portions of the 5,876 RSUs are scheduled to vest each year, assuming continued employment and satisfaction of the award terms.
What conditions apply to the performance-based RSUs granted by Ryman (RHP)?
The performance-based RSUs may vest on March 15, 2029 between 0% and 150% of the 5,907 target shares. Vesting depends on Ryman Hospitality’s total stockholder return relative to the median of two peer groups selected by the compensation committee.
Does the Ryman (RHP) Form 4 show a stock purchase or sale by the CFO?
The Form 4 reflects equity awards, not an open-market stock purchase or sale. Both transactions are coded as grants of restricted stock units at $0.00 per unit, representing compensation-related acquisitions rather than trading activity in Ryman Hospitality shares.
What role does performance play in the Ryman (RHP) CFO’s RSU award?
Performance affects the number of performance-based RSUs that ultimately vest. The 5,907 target RSUs can vest between 0% and 150% based on total stockholder return versus two designated peer groups, directly linking a portion of compensation to relative shareholder returns.