Hutcheson Jennifer L 4

What Happened

• Jennifer L. Hutcheson, Chief Financial Officer of Ryman Hospitality Properties (RHP), received awards of restricted stock units (RSUs) on February 18, 2026. The filing shows two grants: 5,876 RSUs and 5,907 RSUs (total 11,783 RSUs) at $0.00 per share — these are derivative awards, not open-market purchases or sales.

Key Details

• Transaction date: 2026-02-18; Form 4 filed 2026-02-20 (timely).
• Grant details: 5,876 RSUs (time-based) and 5,907 RSUs (performance-based); price reported $0.00 (award/grant code A).
• Shares owned after transaction: not specified in the filing.
• Footnotes:
  • F1 (time-based RSUs): vest ratably over four years beginning March 15, 2027.
  • F2 (performance RSUs): scheduled to vest March 15, 2029 at 0%–150% of target based on total shareholder return vs. designated peer groups.
• No indication of a 10b5-1 plan, tax-withholding sale, or late filing in this report.

Context

• These are compensatory RSU grants — the company promises future delivery of shares if vesting conditions are met. They do not involve immediate cash paid or stock sold and are common as executive pay. Performance-based RSUs may result in fewer or more shares than the target depending on relative TSR performance; time-based RSUs vest over multiple years.