Cimerola Patrick 4

What Happened
Patrick Cimerola, Chief Human Resources Officer of Choice Hotels International (CHH), acquired 6,803 stock‑settled restricted stock units (RSUs) on February 20, 2026. The filing reports an acquisition price of $0.00 (these RSUs were awarded based on company performance and will vest on March 2, 2026). The award was the result of certification of performance targets for the period January 1, 2023 through December 31, 2025.

Key Details

• Transaction date: February 20, 2026 (reported on Form 4 filed February 24, 2026).
• Transaction type/code: Award/Grant (A).
• Shares awarded: 6,803 stock‑settled restricted stock units. Reported acquisition price: $0.00.
• Vesting: RSUs vest on March 2, 2026 per the filing footnote.
• Shares owned after transaction: Not specified in the Form 4.
• Footnote: Award was triggered by company performance certification for 2023–2025.
• Filing timeliness: Form 4 filed February 24, 2026 for a February 20, 2026 event (filed within the standard two business‑day window).

Context
These are performance‑based RSUs that will convert to shares upon vesting (no open‑market purchase or sale). Awards and RSU vesting are routine compensation events and do not necessarily indicate the insider is buying or selling stock in the open market.