NELSON RONALD L 4

What Happened
Ronald L. Nelson, a director of Wyndham Hotels & Resorts (WH), was issued 850 deferred stock units (DSUs) on March 1, 2026 as an award/vesting of previously granted restricted stock units (RSUs). The transaction is reported as an award/acquisition (code A) at $0.00 per unit (total reported cash value $0), reflecting a non‑cash compensation vesting event rather than an open‑market purchase.

Key Details

• Transaction date: 2026-03-01; Report filed: 2026-03-03 (timely filing).
• Transaction type/code: Award/Grant (A). Price per unit reported: $0.00. Total units: 850.
• Shares owned after transaction: not specified in this Form 4 filing.
• Footnotes: F1—these are deferred stock units and accrued dividends issued under the Issuer’s 2018 Equity and Incentive Plan on vesting of previously-granted RSUs (vested Mar 1, 2026). F2—represents deferred stock units; F3—represents restricted stock units; F4—represents shares of common stock.
• No 10b5-1 plan, sale, or tax‑withholding sale is indicated in this filing.

Context
Deferred stock units are a form of non‑cash director compensation that often convert RSUs into units held for later payout or receipt of shares; receiving DSUs on vesting is routine and does not indicate a market purchase or sale by the insider. This award reflects compensation/vesting treatment rather than an insider expressing a buy or sell sentiment.