WH Insider Filing: Deoras granted 437 deferred units, boosts stake

Rhea-AI Filing Summary

Wyndham Hotels & Resorts (WH) – Form 4 filing, 29 Jul 2025. Director Mukul V. Deoras reported the issuance of 437 deferred stock units (DSUs) on 25 Jul 2025 at an assigned price of $92 per unit, representing quarterly board retainer fees plus accrued dividends. The DSUs convert 1-for-1 into common shares after the director leaves the Board.

Following the transaction, Deoras’ beneficial holdings stand at:

• 21,535 DSUs (direct ownership)
• 3,511 restricted stock units (RSUs)
• 3,791 common shares

No derivative securities were reported. The filing reflects routine director compensation rather than open-market buying or selling.

Positive

• Director continues to accumulate equity via 437 additional DSUs, reinforcing long-term alignment with shareholders.

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine board compensation; immaterial share count, neutral market impact.

The 437 DSUs equal roughly $40k in value—insignificant relative to WH’s market cap and daily volume. Because units are granted, not purchased, the action does not signal incremental cash investment. Still, aggregate ownership of nearly 29k share-equivalents modestly aligns the director’s incentives with shareholders. No sales were disclosed, and there is no derivative activity. Overall, the filing is informational with negligible impact on valuation or liquidity.

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).

1. Name and Address of Reporting Person^*

Deoras Mukul

(Last) (First) (Middle)

WYNDHAM HOTELS & RESORTS, INC.

22 SYLVAN WAY

(Street)

PARSIPPANY NJ 07054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
WYNDHAM HOTELS & RESORTS, INC. [ WH ]

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)
07/25/2025

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
Common Stock	07/25/2025		A		437(1)	A	$92	21,535(2)	D
Common Stock								3,511(3)	D
Common Stock								3,791(4)	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

Explanation of Responses:

1. Deferred stock units issued for quarterly retainer fees and dividends. Each deferred stock unit entitles the reporting person to receive one share of common stock following the reporting person's retirement or termination of service from the Board of Directors.

2. Represents deferred stock units.

3. Represents restricted stock units.

4. Represents shares of common stock.

Remarks:

	/s/ Paul F. Cash as Attorney-in-Fact for Mukul V. Deoras	07/29/2025
	** 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).
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.

FAQ

How many Wyndham Hotels (WH) shares did Director Mukul Deoras acquire?

He received 437 deferred stock units on 25 Jul 2025.

What is the total equity stake of Mukul Deoras after the Form 4 filing?

He now beneficially owns 21,535 DSUs, 3,511 RSUs, and 3,791 common shares.

Was the transaction an open-market purchase?

No. The DSUs were issued as board compensation, not bought on the open market.

Does this Form 4 filing include any derivative securities activity?

No derivative securities were acquired or disposed of in this filing.

What price was assigned to the deferred stock units?

The DSUs were valued at $92 per unit for reporting purposes.