Wyndham (WH) CEO Geoffrey Ballotti donates 12,700 shares to support research
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wyndham Hotels & Resorts President and CEO Geoffrey A. Ballotti reported a charitable stock transfer. He made a bona fide gift of 12,700 shares of common stock on June 2, 2026, at a reported price of $0.00 per share, to a donor advised fund intended to support multiple myeloma research.
After the gift, one reported line shows Ballotti directly holding 546,395 shares of common stock, and another holding entry lists 165,045 shares, indicating he retains a substantial ownership position despite the donation.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,700 shares gifted
Mixed
2 txns
Insider
Ballotti Geoffrey A
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 12,700 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 546,395 shares (Direct, null)
Footnotes (1)
- Represents a charitable contribution of shares of common stock to a donor advised fund, with the goal of supporting multiple myeloma research. Represents shares of common stock. Represents restricted stock units.
Key Figures
Shares gifted: 12,700 shares
Gift price per share: $0.00 per share
Shares held after gift (line 1): 546,395 shares
+2 more
5 metrics
Shares gifted
12,700 shares
Bona fide gift of common stock on June 2, 2026
Gift price per share
$0.00 per share
Reported transaction price for 12,700-share charitable gift
Shares held after gift (line 1)
546,395 shares
Direct common stock holding following reported gift
Shares held after gift (holding entry)
165,045 shares
Separate holding entry for common stock as of June 2, 2026
Gift transactions count
1 transaction
Form 4 transaction summary shows one bona fide gift
Key Terms
bona fide gift, donor advised fund, restricted stock units, Common Stock
4 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift" for the 12,700-share transfer"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
donor advised fund financial
"charitable contribution of shares of common stock to a donor advised fund"
A donor advised fund is a charitable savings account you fund with cash or assets (including stocks) that lets you take an immediate tax benefit while recommending when and which charities receive grants over time. Think of it like a dedicated piggy bank for giving: you get tax relief when you put money in, can avoid selling appreciated securities and triggering capital gains, and still control the timing and recipients of donations, which affects tax planning, portfolio decisions, and public giving signals.
restricted stock units financial
"Footnote states: "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.
Common Stock financial
"security_title: "Common Stock" for the reported transactions"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Wyndham (WH) CEO Geoffrey Ballotti report in this Form 4?
Geoffrey Ballotti reported a bona fide gift of 12,700 Wyndham common shares. The transfer was recorded at $0.00 per share and classified as a charitable donation, rather than a market sale or purchase, so it does not reflect an open-market trading decision.
Was the Wyndham (WH) CEO’s transaction a sale or a charitable donation?
The transaction was a charitable donation, not a sale. It is coded as a bona fide gift (code G) and described as a contribution of common shares to a donor advised fund, aimed at supporting multiple myeloma research rather than generating trading profits.
Does the Wyndham (WH) Form 4 mention the purpose of the CEO’s stock gift?
Yes. A footnote explains the 12,700-share transfer represents a charitable contribution to a donor advised fund, with the goal of supporting multiple myeloma research. This clarifies the philanthropic intent behind the transaction rather than an investment-driven decision.