Ryman Hospitality (NYSE: RHP) chair nets stock from RSU vesting

Rhea-AI Filing Summary

Ryman Hospitality Properties, Inc. Executive Chairman Colin V. Reed reported routine equity compensation activity involving restricted stock units that vested into 28,409 shares of common stock on March 15, 2026. The company withheld 11,181 shares to cover Mr. Reed’s tax obligations, and he retained the remaining shares as direct ownership.

Following these transactions, Mr. Reed directly held 913,038 shares of common stock. He also reported additional indirect holdings through various family trusts and LLCs, including 185,000 shares by Family LLC 1 and 265,325 shares by Family LLC 4, reflecting a substantial continuing equity stake.

Insights

Equity compensation and insider-transactions analyst

Routine RSU vesting with tax withholding; large equity stake maintained.

Executive Chairman Colin V. Reed saw multiple restricted stock unit awards vest into a total of 28,409 common shares on March 15, 2026. These are compensation-related derivative exercises (code M), not open‑market purchases, and occur at a stated price of $0.00 per share.

The filing shows 11,181 shares were withheld (code F) to satisfy tax obligations on the vesting events, while Mr. Reed retained the balance as direct holdings. After these transactions, he directly owned 913,038 common shares and also reported sizeable indirect holdings via several family LLCs and trusts, indicating that the activity is a routine adjustment rather than a reduction in overall exposure.

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

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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^*

REED COLIN V

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Exec. Chairman of the Board

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

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
Common Stock	03/15/2026		M		5,355	A	$0	901,165(1)	D
Common Stock	03/15/2026		F		2,108(2)	D	$0	899,057(1)	D
Common Stock	03/15/2026		M		2,922	A	$0	901,979(1)	D
Common Stock	03/15/2026		F		1,150(3)	D	$0	900,829(1)	D
Common Stock	03/15/2026		M		1,725	A	$0	902,554(1)	D
Common Stock	03/15/2026		F		679(4)	D	$0	901,875(1)	D
Common Stock	03/15/2026		M		1,998	A	$0	903,873(1)	D
Common Stock	03/15/2026		F		787(5)	D	$0	903,086(1)	D
Common Stock	03/15/2026		M		16,409	A	$0	919,495(1)	D
Common Stock	03/15/2026		F		6,457(6)	D	$0	913,038(1)	D
Common Stock								23	I	By Ed Reed Trust
Common Stock								770	I	By Samuel Reed Trust
Common Stock								185,000	I	By Family LLC 1
Common Stock								40,000	I	By Family LLC 2
Common Stock								58,171	I	By Family LLC 3
Common Stock								265,325	I	By Family LLC 4

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	03/15/2026		M			5,355	03/15/2026	03/15/2026	Common Stock	5,355	$0	0	D
Restricted Stock Units	$0	03/15/2026		M			2,922	03/15/2026	03/15/2027	Common Stock	2,922	$0	2,926	D
Restricted Stock Units	$0	03/15/2026		M			1,725	03/15/2026	03/15/2028	Common Stock	1,725	$0	3,453	D
Restricted Stock Units	$0	03/15/2026		M			1,998	03/15/2026	03/15/2029	Common Stock	1,998	$0	5,994	D
Restricted Stock Units	$0	03/15/2026		M			16,409	03/15/2026	03/15/2026	Common Stock	16,409	$0	0	D

Explanation of Responses:

1. Includes 738,251 shares credited to Mr. Reed's SERP account, each of which is the economic equivalent of one share of common stock and payable solely in shares of common stock following termination of employment.

2. Represents shares withheld to satisfy Mr. Reed's tax withholding obligation with respect to 5,355 shares of common stock issued upon the vesting of time based restricted stock units (including accrued dividend equivalent units payable in additional shares of stock) on March 15, 2026. Mr. Reed retained the remaining 3,247 shares.

3. Represents shares withheld to satisfy Mr. Reed's tax withholding obligation with respect to 2,922 shares of common stock issued upon the vesting of time based restricted stock units (including accrued dividend equivalent units payable in additional shares of stock) on March 15, 2026. Mr. Reed retained the remaining 1,772 shares.

4. Represents shares withheld to satisfy Mr. Reed's tax withholding obligation with respect to 1,725 shares of common stock issued upon the vesting of time based restricted stock units (including accrued dividend equivalent units payable in additional shares of stock) on March 15, 2026. Mr. Reed retained the remaining 1,046 shares.

5. Represents shares withheld to satisfy Mr. Reed's tax withholding obligation with respect to 1,998 shares of common stock issued upon the vesting of time based restricted stock units (including accrued dividend equivalent units payable in additional shares of stock) on March 15, 2026. Mr. Reed retained the remaining 1,211 shares.

6. Represents shares withheld to satisfy Mr. Reed's tax withholding obligation with respect to 16,409 shares of common stock issued upon the vesting of performance based restricted stock units on March 15, 2026. Mr. Reed retained the remaining 9,952 shares.

	Scott J. Lynn, Attorney-in-Fact for Colin V. Reed	03/16/2026
	** Signature of Reporting Person	Date
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FAQ

What insider activity did Ryman Hospitality (RHP) report for Colin V. Reed?

Ryman Hospitality reported that Executive Chairman Colin V. Reed had restricted stock units vest into 28,409 shares of common stock on March 15, 2026. These derivative exercises are compensation-related events, not open‑market stock purchases or sales, and adjust his equity position accordingly.

How many Ryman Hospitality shares were withheld for Colin V. Reed’s taxes?

The filing shows 11,181 shares of Ryman Hospitality common stock were withheld to satisfy Mr. Reed’s tax obligations tied to the vesting RSUs. Footnotes detail that each vesting block had a portion withheld while he retained the remaining shares as direct ownership.

What is Colin V. Reed’s direct Ryman Hospitality shareholding after these transactions?

After the March 15, 2026 transactions, Colin V. Reed directly held 913,038 shares of Ryman Hospitality common stock. This figure comes from the post‑transaction totals in the non‑derivative section and reflects shares retained after tax‑withholding adjustments on vested RSUs.

Does Colin V. Reed hold additional Ryman Hospitality shares indirectly?

Yes. The Form 4 lists indirect holdings through trusts and family LLCs, including 185,000 shares by Family LLC 1 and 265,325 shares by Family LLC 4. These entries indicate additional exposure beyond his 913,038 directly held common shares.

Were any of Colin V. Reed’s Ryman Hospitality transactions open‑market buys or sells?

No open‑market buys or sells are indicated. The filing shows derivative exercises (code M) converting RSUs into shares and tax‑withholding dispositions (code F) where shares were withheld to cover taxes, rather than discretionary market purchases or sales.