Ramirez Sanchez Raul 4

What Happened
Raul Ramirez, Chief Segment & International Operations Officer at Choice Hotels (CHH), acquired 9.06 shares on July 15, 2026 as an award/other acquisition. The filing reports a weighted average price of $106.26 per share for a total value of $963. This was an acquisition (award), which is typically part of compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-07-15 (reported on Form 4 filed 2026-07-17). Filing appears timely (within the usual two-business-day window).
• Transaction type/code: A — Grant/award or other acquisition.
• Shares acquired: 9.06 shares at a weighted average price of $106.26; reported total value $963.
• Price range note (Footnote F1): these shares were purchased in multiple transactions at prices ranging from $105.86 to $106.69; the reporting person can provide a breakdown on request.
• Shares owned after transaction: not disclosed in the provided excerpt of the filing.

Context
This was an award/acquisition, commonly part of executive compensation (restricted stock, retention award, or similar) and does not necessarily indicate the insider is buying additional stock to signal a view on the company. The footnote clarifies the weighted average price covers multiple underlying transactions.