Landsman Liza 4

What Happened

• Liza Landsman, a director of Choice Hotels International (CHH), received a grant/award of 1,570 shares on 2026-05-21. The grant price is shown as $0.00 (typical for restricted stock), so no cash changed hands; total immediate value per the filing is $0 (economic value arises as shares vest).

Key Details

• Transaction date: 2026-05-21; transaction type/code: A (award/grant).
• Price: $0.00 per share; shares granted: 1,570.
• Vesting: Restricted stock will vest in three annual installments beginning on the first anniversary of the grant date (footnote).
• Shares owned after transaction: not specified in the Form 4 filing.
• Filing date: 2026-05-26 — appears to be within the SEC’s two-business-day window when accounting for the U.S. holiday on May 25, 2026.

Context

• This was a compensation-related restricted share award, not an open-market purchase or sale. Such awards are common for directors and are meant to align long-term interests; they vest over time and don’t by themselves indicate an immediate trading signal.