Lynn Scott J 4
Research Summary
AI-generated summary
Ryman (RHP) EVP Lynn Scott Receives RSU Awards; Shares Withheld
What Happened
Lynn Scott J, Executive Vice President, Secretary and General Counsel of Ryman Hospitality Properties (RHP), had restricted stock units (RSUs) vest on March 15, 2026. A total of 7,102 shares were issued upon vesting (combining time‑based and performance‑based RSUs). No cash was paid (price reported $0.00). Of the issued shares, 2,797 were withheld to satisfy tax withholding obligations and 4,305 shares were retained by Mr. Lynn.
Key Details
- Transaction date: March 15, 2026; Form 4 filed March 16, 2026 (timely filing).
- Transaction types reported: M = exercise/conversion of derivative (conversion/vesting of RSUs); F = shares withheld to pay tax withholding.
- Total shares issued on vesting: 7,102 shares (time‑based and performance‑based RSUs).
- Shares withheld for taxes: 2,797 shares. Shares retained (net issued to insider): 4,305 shares.
- Reported price: $0.00 per share (typical for RSU vesting).
- Footnotes: breakdown per award — withheld/retained by award: 683 (269 withheld, 414 retained); 737 (291 / 446); 697 (275 / 422); 797 (314 / 483); 4,188 (1,648 / 2,540).
- Filing timeliness: report covers 3/15/2026 transactions and was filed 3/16/2026 (no late filing indicator in the provided data).
Context
These entries reflect RSU vesting (derivative conversion) and share withholding for tax obligations — not an open‑market sale or cash purchase. Withholding of shares to cover taxes (code F) is a routine administrative step and does not by itself indicate a change in insider sentiment. The net result: Mr. Lynn increased his holdings by 4,305 shares from these vested awards.