BAINUM BRUCE 4
4 · CHOICE HOTELS INTERNATIONAL INC /DE · Filed Dec 2, 2024
Insider Transaction Report
Form 4
BAINUM BRUCE
10% Owner
Transactions
- Other
Common Stock
2024-11-20−5,000→ 0 total(indirect: See Footnote) - Gift
Common Stock
2024-05-14$118.69/sh−85,500$10,147,995→ 2,376,760 total(indirect: See Footnote) - Other
Common Stock
2024-08-26+215,841→ 2,723,415 total(indirect: See Footnote) - Other
Common Stock
2024-05-20+130,814→ 2,507,574 total(indirect: See Footnote) - Other
Common Stock
2024-08-26−221,247→ 0 total(indirect: See Footnote) - Other
Common Stock
2024-11-20+5,000→ 2,728,415 total(indirect: See Footnote) - Other
Common Stock
2024-05-20−130,814→ 0 total(indirect: See Footnote) - Sale
Common Stock
2024-11-30−331,983→ 590,112 total(indirect: See Footnote)
Holdings
- 6,595(indirect: See Footnote)
Common Stock
- 194,800(indirect: See Footnote)
Common Stock
Footnotes (7)
- [F1]Shares owned by the Bruce Bainum Declaration of Trust ("Bruce Trust") for which Dr. Bainum is the sole trustee and current beneficiary. Shares were gifted.
- [F2]Shares owned by the Bruce Trust for which Dr. Bainum is the sole trustee and current beneficiary. Shares were distributed from Mid Pines Associates, LP as a result of the dissolution and liquidation of the Partnership.
- [F3]Shares owned by the Bruce Trust for which Dr. Bainum is the sole trustee and current beneficiary. Shares were distributed from a Grantor Retained Annuity Trust to Dr. Bainum and a trust for his descendants.
- [F4]Shares owned by the Bruce Trust for which Dr. Bainum is the sole trustee and current beneficiary. Shares were distributed from Posadas Holdings, LLC, a family investment entity in which Dr. Bainum shares voting authority.
- [F5]The proportionate interest of the Bruce Bainum Declaration of Trust ("Bruce Trust") in shares (6,821,574) owned by White Oak Legacy, Inc. ("White Oak Legacy") , an investment company in which Dr. Bainum is a noncontrolling shareholder and shares voting authority. White Oak Legacy owns Choice stock as well as other assets and liabilities. Dr. Bainum sold a portion of his stock in White Oak Legacy to trusts for the benefit of his descendants for $36.2M.
- [F6]The proportionate interest of shares owned by White Oak Legacy, Inc (6,821,574) of individual trusts for the benefit of Dr. Bainum's adult children for which Dr. Bainum is the trustee. Beneficial ownership is disclaimed.
- [F7]Shares owned by a trust for the benefit of Dr. Bainum's descendants for which Dr. Bainum is trustee. Beneficial ownership is disclaimed.