Wyndham (NYSE: WH) CEO receives stock award, uses shares for taxes
Rhea-AI Filing Summary
Wyndham Hotels & Resorts President and CEO Geoffrey A. Ballotti reported routine equity compensation activity. He acquired 9,065 shares of common stock on vesting of previously granted restricted stock units under the company’s 2018 Amended and Restated Equity and Incentive Plan.
To cover tax obligations from this vesting, 4,637 shares of common stock were withheld at a price of $73.93 per share, characterized as a tax-liability payment rather than an open-market sale. After these transactions, Ballotti directly holds 559,095 shares of Wyndham common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,065 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,637 | $73.93 | $343K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Common stock acquired under the Issuer's 2018 Amended and Restated Equity and Incentive Plan on vesting of previously-granted restricted stock units which vested on March 10, 2026. Represents shares of common stock. Common stock withheld as payment of tax liability incident to the vesting of restricted stock units granted in accordance with Rule 16b-3. Represents restricted stock units.
FAQ
What insider transaction did Wyndham (WH) report for CEO Geoffrey Ballotti?
Wyndham reported routine equity compensation for CEO Geoffrey Ballotti. He received 9,065 shares of common stock upon vesting of restricted stock units, and 4,637 shares were withheld to pay associated tax liabilities. These are not open-market purchases or sales but compensation-related entries.
What do the restricted stock unit vesting and tax withholding mean for Wyndham (WH) investors?
The activity reflects standard executive equity compensation mechanics. Restricted stock units vested into 9,065 shares, while 4,637 shares were withheld to pay taxes. This pattern is typical for equity awards and does not indicate discretionary buying or selling by the CEO.