NELSON RONALD L 4

What Happened

Ronald L. Nelson, a director of Wyndham Hotels & Resorts, received an award/acquisition of 545 deferred stock units (DSUs) on July 24, 2026. The units were recorded at $73.53 each for a total value of $40,074. This transaction (code A) reflects board compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-24; Form 4 filed 2026-07-28 (filed within the two-business-day window).
• Transaction type: Award / Acquisition (A) — 545 deferred stock units.
• Price/value: $73.53 per unit; total $40,074.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes: F1/F2 indicate these are deferred stock units issued for quarterly retainer fees and dividends; each DSU entitles the director to receive one share of common stock upon retirement or termination of board service. (F3/F4 definitions listed in the filing relate to RSUs and common shares.)

Context

Deferred stock units are a form of deferred compensation for directors and do not immediately increase the company’s public float — the DSUs convert to actual shares only upon the director’s departure or retirement. Such awards are routine for board members and should be interpreted as compensation, not a direct bullish or bearish market signal.