Ryman Hospitality (NYSE: RHP) grants COO Patrick Chaffin new RSU awards

Rhea-AI Filing Summary

Chaffin Patrick S reported acquisition or exercise transactions in this Form 4 filing.

Ryman Hospitality Properties EVP & COO Patrick S. Chaffin received new equity awards in the form of restricted stock units. On February 18, 2026, he was granted 6,120 time-based RSUs that vest ratably over four years beginning on March 15, 2027. He was also granted 6,153 performance-based RSUs that will vest on March 15, 2029 between 0% and 150% of the target amount, depending on the company’s total stockholder return versus two designated peer groups. These awards were granted at a stated price of $0.00 per unit, reflecting non-cash incentive compensation.

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^*

Chaffin Patrick S

(Last) (First) (Middle)

ONE GAYLORD DRIVE

(Street)

NASHVILLE TN 37214

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

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	02/18/2026		A		6,120		03/15/2027(1)	03/15/2030	Common Stock	6,120	$0	0	D
Restricted Stock Units	$0	02/18/2026		A		6,153		03/15/2029(2)	03/15/2029	Common Stock	6,153	$0	0	D

Explanation of Responses:

1. Time-based restricted stock units vest ratably over four years beginning on March 15, 2027.

2. 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.

	Scott J. Lynn, Attorney-in-Fact for Patrick Chaffin	02/20/2026
	** 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.

FAQ

What insider transaction did Ryman Hospitality Properties (RHP) report for Patrick S. Chaffin?

Ryman Hospitality Properties reported that EVP & COO Patrick S. Chaffin received two grants of restricted stock units on February 18, 2026. These equity awards consist of time-based and performance-based RSUs, both issued as non-cash compensation at a stated price of $0.00 per unit.

How many restricted stock units did Patrick S. Chaffin receive from RHP?

Patrick S. Chaffin received a total of 12,273 restricted stock units from Ryman Hospitality Properties. This includes 6,120 time-based RSUs and 6,153 performance-based RSUs, each subject to specific vesting schedules tied to time and company performance conditions.

When do Patrick S. Chaffin’s time-based RSUs from RHP vest?

Patrick S. Chaffin’s 6,120 time-based restricted stock units vest ratably over four years beginning on March 15, 2027. “Ratable” vesting means an equal portion becomes vested each year over the four-year period, assuming continued service and satisfaction of any applicable conditions.

What performance conditions apply to RHP’s performance-based RSUs granted to Patrick S. Chaffin?

The 6,153 performance-based RSUs granted to Patrick S. Chaffin will vest on March 15, 2029 between 0% and 150% of the target amount. Vesting depends on Ryman Hospitality Properties’ total stockholder return versus the median of two peer groups selected by its compensation committee.

Are Patrick S. Chaffin’s new RSU awards from RHP cash transactions?

No, the RSU awards to Patrick S. Chaffin are non-cash equity compensation. The Form 4 lists a transaction price of $0.00 per unit for both grants, indicating they were awarded rather than purchased in an open-market or cash-based transaction.

What role does Patrick S. Chaffin hold at Ryman Hospitality Properties (RHP)?

Patrick S. Chaffin serves as Executive Vice President and Chief Operating Officer of Ryman Hospitality Properties. The reported Form 4 transactions reflect equity awards tied to this executive role, aligning a portion of his compensation with the company’s long-term performance and stockholder returns.