RHP director receives RSU adjustments tied to $1.15 dividend

Rhea-AI Filing Summary

Ryman Hospitality Properties (RHP) filed a Form 4 for director Alvin Bowles dated October 15, 2025. Following the issuer’s $1.15 per‑share cash dividend paid on that date, Bowles received additional restricted stock units (RSUs) pursuant to the award terms, calculated using the dividend amount and the NYSE closing price on September 30, 2025.

After these adjustments, he directly holds RSU tranches of 1,507, 709, and 1,299. One RSU grant vests 100% on May 8, 2026, and certain RSUs are deferred until he concludes service as a director.

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).

1. Name and Address of Reporting Person^*

Bowles Alvin L JR

(Last) (First) (Middle)

62 TRENOR DRIVE

(Street)

NEW ROCHELLE NY 10804

(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)
10/15/2025

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	1,507		1,507(2)	D
Restricted Stock Units	$0							(1)	(1)	Common Stock	709		709(2)	D
Restricted Stock Units	$0							(3)	(3)	Common Stock	1,299		1,299(2)	D

Explanation of Responses:

1. Director has deferred vesting of these restricted stock units until termination of his service as a director.

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 October 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 September 30, 2025.

3. Restricted Stock unit vests 100% on May 8, 2026.

	Scott J. Lynn, Attorney-in-Fact for Alvin Bowles	10/15/2025
	** 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).
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FAQ

What did Ryman Hospitality (RHP) disclose in this Form 4?

A director, Alvin Bowles, received additional RSUs due to the company’s $1.15 dividend paid on October 15, 2025.

How many RSUs does Alvin Bowles hold after the adjustments at RHP?

He directly holds RSU tranches of 1,507, 709, and 1,299.

What triggered the RSU increase for RHP’s director?

The issuer’s $1.15 per‑share dividend created dividend‑equivalent RSUs, based on the September 30, 2025 NYSE closing price.

When do any of the director’s RSUs vest at RHP?

One RSU grant vests 100% on May 8, 2026.

What is the director’s relationship to Ryman Hospitality (RHP)?

Alvin Bowles is a Director of Ryman Hospitality Properties, Inc.

Are the RSUs held directly or indirectly?

They are reported as held Directly (D).

Who signed the Form 4 for the reporting person?

It was signed by Scott J. Lynn, Attorney‑in‑Fact for Alvin Bowles on October 15, 2025.