Ryman director exercises RSUs, holds 3,908 shares

Ryman Hospitality Properties director Alvin L. Bowles Jr. reported equity compensation activity involving restricted stock units and common shares.

Rhea-AI Filing Summary

Ryman Hospitality Properties director Alvin L. Bowles Jr. reported equity compensation activity involving restricted stock units and common shares. On May 7, 2026, he received a grant of 1,262 restricted stock units, described as an annual grant for director service, with each unit to convert into one share of common stock after restrictions lapse, expected on May 7, 2027.

On May 8, 2026, he exercised 1,332 restricted stock units, converting them into 1,332 shares of common stock that vest 100% on that date. Following these transactions, he directly holds 3,908 shares of common stock. The filing shows no open-market purchases or sales, only an RSU grant and a derivative exercise related to equity compensation.

Insider Trade Summary

1,332 shares exercised/converted

Exercise 3 txns

Insider Bowles Alvin L JR

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,332	$0.00	$0.00
Exercise	Common Stock	1,332	$0.00	$0.00
Grant/Award	Restricted Stock Units	1,262	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 1,262 contracts (Direct); Common Stock — 3,908 shares (Direct)

Footnotes (2)

1. F1. Represents an annual grant of restricted stock units to the director in connection with the director's service. Upon the lapse of the restrictions with respect to the RSUs (which unless deferred will be May 7, 2027) one share of common stock will be issued for each RSU.
2. F2. Restricted stock unit vests 100% on May 8, 2026

Key Figures

RSU grant: 1,262 units RSUs exercised: 1,332 units Common shares after transactions: 3,908 shares +2 more

5 metrics

RSU grant 1,262 units Annual restricted stock unit grant on May 7, 2026

RSUs exercised 1,332 units Restricted stock units converted to common stock on May 8, 2026

Common shares after transactions 3,908 shares Direct holdings following Form 4 transactions

Exercise price per RSU $0.00/share Conversion or exercise price for restricted stock units

Future RSU vesting 1,262 units RSUs expected to lapse restrictions on May 7, 2027

Key Terms

Restricted Stock Units, Exercise or conversion of derivative security, Grant, award, or other acquisition, vests 100%

4 terms

Restricted Stock Units financial

"Represents an annual grant of restricted stock units to the director in connection with the director's service."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

vests 100% financial

"Restricted stock unit vests 100% on May 8, 2026"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Ryman Hospitality Properties (RHP) director Alvin L. Bowles Jr. report?

Alvin L. Bowles Jr. reported an annual grant of 1,262 restricted stock units and the exercise of 1,332 restricted stock units into common shares. These equity awards are compensation-related, with no open-market stock purchases or sales disclosed in the filing.

How many Ryman Hospitality Properties (RHP) shares does Alvin L. Bowles Jr. hold after these transactions?

After the reported transactions, Alvin L. Bowles Jr. directly holds 3,908 shares of Ryman Hospitality Properties common stock. This total reflects the conversion of 1,332 restricted stock units into common shares while previously held shares remain part of his direct ownership.

What are the key terms of the 1,262 restricted stock units granted to the RHP director?

The 1,262 restricted stock units represent an annual grant for director service. According to the disclosure, one common share will be issued for each unit after restrictions lapse, which, unless deferred, will be on May 7, 2027, when they effectively settle.

When do Alvin L. Bowles Jr.’s restricted stock units in Ryman Hospitality Properties vest?

One block of restricted stock units vests 100% on May 8, 2026, and was immediately converted into 1,332 common shares. Another block of 1,262 restricted stock units is expected to lapse its restrictions on May 7, 2027, when common shares will be issued.

Did the Ryman Hospitality Properties (RHP) Form 4 show any insider stock sales or purchases?

The Form 4 shows no open-market stock purchases or sales. It records an equity compensation grant of 1,262 restricted stock units and the exercise of 1,332 restricted stock units into common shares, both classified as acquisitions rather than market trading.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/11/2026 - 10:20 AM Learn about SEC filing dates

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^*

Bowles Alvin L JR

(Last) (First) (Middle)

62 TRENOR DRIVE

(Street)

NEW ROCHELLE NEW YORK 10804

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

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

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

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

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	05/08/2026		M		1,332	A	$0	3,908	D

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	05/07/2026		A		1,262		05/07/2027(1)	05/07/2027	Common Stock	1,262	$0	1,262	D
Restricted Stock Units	$0	05/08/2026		M			1,332	05/08/2026(2)	05/08/2026	Common Stock	1,332	$0	0	D

Explanation of Responses:

1. Represents an annual grant of restricted stock units to the director in connection with the director's service. Upon the lapse of the restrictions with respect to the RSUs (which unless deferred will be May 7, 2027) one share of common stock will be issued for each RSU.

2. Restricted stock unit vests 100% on May 8, 2026

	Scott J. Lynn, Attorney-in-Fact for Alvin Bowles	05/11/2026
	** 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.
* Form 4: SEC 1474 (03-26)