WU Simone 4

What Happened

• Simone Wu, Senior Vice President of Choice Hotels International (CHH), was granted/acquired 5,772 stock-settled restricted stock units (RSUs) on 2026-02-20. The filing shows an acquisition price of $0.00 (award), reported value $0 on the Form 4 because these are performance-settled RSUs that will convert to shares on vesting.

Key Details

• Transaction date: 2026-02-20; Form 4 filed: 2026-02-24 (timely filing).
• Transaction type/code: A (Award/Grant/Other Acquisition).
• Shares awarded: 5,772 RSUs at $0.00 (award); reported aggregate $0 in the Form 4.
• Vesting: These are performance-vested RSUs certified for the period 01/01/2023–12/31/2025 and will vest on March 2, 2026 (per footnote F1).
• Shares owned after transaction: Not specified in this filing.
• No 10b5-1 plan, tax-withholding sale, or immediate sale reported.

Context

• These are performance-based RSUs that, once vested, are typically settled in shares (stock-settled). This is an award resulting from the company meeting pre-approved financial targets; it is not an open-market purchase or sale and does not necessarily indicate the insider bought or sold shares on the market.