FIORAVANTI MARK 4

What Happened

• Mark Fioravanti, President & CEO and a director of Ryman Hospitality Properties, was granted two awards of restricted stock units (RSUs) totaling 41,727 units (20,808 and 20,919 RSUs) on February 18, 2026. Each award is reported at $0.00 per share (derivative awards), so no cash was paid.
• This is a compensation award (not an open-market purchase or sale). RSUs typically align pay with long-term performance and retention rather than signaling an immediate bullish or bearish trade.

Key Details

• Transaction date: 2026-02-18; Report filed: 2026-02-20 (filed timely under Form 4 rules).
• Awards: 20,808 RSUs and 20,919 RSUs; reported acquisition price $0.00 (derivative grants).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes:
  • F1: Time-based RSUs vest ratably over four years beginning March 15, 2027.
  • F2: Performance-based RSUs vest on March 15, 2029 at 0%–150% of target based on total shareholder return relative to peer groups.
• No 10b5-1 plan, tax-withholding, or late-filing notice was indicated in the provided excerpt.

Context

• These are restricted stock unit grants (derivative awards). RSUs do not convey vested shares, voting rights, or sale proceeds until they vest per the stated schedules and performance conditions.
• Such awards are common executive compensation tools intended for retention and performance alignment; they are different from an insider buying or selling stock in the open market and do not by themselves indicate immediate insider sentiment.