Wyndham (NYSE: WH) CEO option exercise and share sales to cover costs
Rhea-AI Filing Summary
Wyndham Hotels & Resorts President and CEO Geoffrey Ballotti reported an option exercise and related share sales in company stock. On June 15, 2026, he exercised 20,429 non-qualified stock options at $65.21 per share, receiving common stock, under a Rule 10b5-1 trading plan adopted on March 11, 2026.
That same day, he sold a total of 18,516 common shares in open-market transactions at weighted average prices around $80–$81. Footnotes state these sales under the 10b5-1 plan were made solely to cover option costs, tax obligations, commissions and fees tied to the exercise.
Following the transactions, Ballotti directly holds about 566,824 shares of common stock, and 61,287 non-qualified stock options remain outstanding and exercisable until February 23, 2027. The filing also shows 165,045 restricted stock units as a separate equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
Ballotti Geoffrey A
Role
President and CEO
Sold
18,516 shs ($1.50M)
Approx. gross sale proceeds
$1.50M
Approx. exercise cost
$1.33M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Options | 20,429 | $0.00 | -- |
| Exercise | Common Stock | 20,429 | $65.21 | $1.33M |
| Sale | Common Stock | 3,113 | $80.0395 | $249K |
| Sale | Common Stock | 14,445 | $80.9135 | $1.17M |
| Sale | Common Stock | 958 | $81.4404 | $78K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Options — 61,287 shares (Direct);
Common Stock — 713,353 shares (Direct)
Footnotes (1)
- Transaction to exercise previously granted non-qualified stock options expiring on February 23, 2027 and effectuated pursuant to Rule 10b5-1 Trading Plan adopted March 11, 2026. Represents shares of common stock. Sale of common stock effectuated pursuant to Rule 10b5-1 Trading Plan adopted March 11, 2026 solely to cover option costs, tax obligations, commissions and fees incident to the exercise of non-qualified stock options granted in accordance with Rule 16b-3 and the delivery of shares in respect thereof. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.31 to $80.31, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.32 to $81.32, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.41 to $81.48, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price. Represents restricted stock units. The options vested in four equal installments on each of the first four anniversaries of February 27, 2021.
Key Figures
Options exercised: 20,429 shares
Exercise price: $65.21 per share
Shares sold: 18,516 shares
+4 more
7 metrics
Options exercised
20,429 shares
Non-qualified stock options exercised on June 15, 2026
Exercise price
$65.21 per share
Non-qualified stock options exercise price
Shares sold
18,516 shares
Open-market common stock sales on June 15, 2026
Sale prices
$80.04–$81.44 per share
Weighted average prices across three sale tranches
Common shares held
566,824 shares
Direct common stock holdings after transactions
Options remaining
61,287 options
Non-qualified stock options outstanding after exercise, expiring Feb 23, 2027
Restricted stock units
165,045 units
Reported restricted stock unit position
Key Terms
Rule 10b5-1 Trading Plan, non-qualified stock options, restricted stock units, weighted average price, +1 more
5 terms
Rule 10b5-1 Trading Plan regulatory
"effectuated pursuant to Rule 10b5-1 Trading Plan adopted March 11, 2026"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
non-qualified stock options financial
"Transaction to exercise previously granted non-qualified stock options expiring on February 23, 2027"
Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.
restricted stock units financial
"Represents restricted stock units."
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Rule 16b-3 regulatory
"non-qualified stock options granted in accordance with Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did WH CEO Geoffrey Ballotti report on June 15, 2026?
Geoffrey Ballotti reported exercising 20,429 non-qualified stock options at $65.21 per share and selling 18,516 common shares in open-market trades around $80–$81, all under a pre-adopted Rule 10b5-1 trading plan.
What options did the Wyndham (WH) CEO exercise in this Form 4 filing?
Ballotti exercised 20,429 previously granted non-qualified stock options with a $65.21 exercise price per share. These options were set to expire on February 23, 2027 and had vested in four equal annual installments starting February 27, 2021.
Were the WH CEO’s stock sales discretionary or under a trading plan?
The stock sales were executed under a Rule 10b5-1 trading plan adopted March 11, 2026. Footnotes explain the transactions were structured in advance and carried out solely to cover option exercise costs, taxes, commissions and related fees.
What is the net effect of the WH CEO’s June 15, 2026 trading activity?
The CEO acquired 20,429 shares via option exercise and sold 18,516 shares, resulting in a small net increase in directly held common stock. The sales were described as covering exercise costs, tax obligations, commissions and fees, rather than standalone discretionary selling.