WH insider Geoffrey Ballotti discloses May sales and planned August 2025 sale
Rhea-AI Filing Summary
Wyndham Hotels & Resorts, Inc. (WH) Form 144 disclosure: This notice reports proposed and recent sales of the issuer's common stock by insider Geoffrey Ballotti. He plans to sell 26,603 shares through Merrill Lynch on 08/15/2025 with an aggregate market value reported as $2,354,787.08. The filing lists 76,356,247 shares outstanding. Ballotti acquired securities on 02/25/2020 via a stock option and the acquisition table shows 261,932 shares acquired. The form also discloses two recent sales during May 2025: 26,650 shares on 05/15/2025 for $2,305,307.00 and 26,724 shares on 05/16/2025 for $2,290,550.00. The filer affirms no undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider Geoffrey Ballotti has disclosed multiple sizable share sales and a planned sale; this is a routine liquidity event but material for governance monitoring.
The Form 144 shows a planned sale of 26,603 shares valued at $2.35 million and two prior May 2025 sales of ~26.6k and ~26.7k shares each with proceeds above $2.29 million. The filing confirms the shares were acquired by stock option on 02/25/2020 and records total outstanding shares of 76,356,247, providing context for the relative size of these transactions. For investors, the disclosure is informative about insider activity and compliance with Rule 144; the filing itself contains no operational or earnings data.
TL;DR: Document is a standard Rule 144 notice showing multiple insider dispositions; it raises governance monitoring points but no explicit breaches.
The notice documents compliance with Rule 144 procedures and includes the signers representation about lack of undisclosed material adverse information. It records the method of acquisition as a stock option and lists broker details (Merrill Lynch). While the filing indicates repeated share dispositions by the same insider in May 2025 and a planned August 2025 sale, the form does not include any indication of problematic conduct or noncompliance. Material governance implications depend on additional context not provided here.