TAGUE JOHN P 4

What Happened John P. Tague, a director of Choice Hotels International (CHH), received a grant of 1,570 restricted shares on May 21, 2026. The Form 4 shows the shares were acquired at $0.00 (transaction code A — award/grant), so the grant is compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-21; Form 4 filed: 2026-05-26 (filing appears timely).
• Shares granted: 1,570; acquisition price: $0.00 (reported total value $0 on Form 4).
• Vesting: Restricted stock will vest in three annual installments beginning on the first anniversary of the grant (footnote).
• Shares owned after transaction: not specified in the filing.
• Transaction type: Award/Grant (Form 4 code A) — not a market purchase or sale.

Context Restricted-stock grants are common director/executive compensation and reflect pay, not necessarily a direct bullish or bearish signal. The vesting schedule means the shares become fully owned over three years, subject to any company conditions.