Ballotti Geoffrey A 4
Research Summary
AI-generated summary
Wyndham (WH) CEO Geoffrey Ballotti Gifts 12,700 Shares
What Happened
- Geoffrey A. Ballotti, President, CEO and Director of Wyndham Hotels & Resorts (WH), reported a gift disposition of 12,700 shares of common stock on 2026-06-02. The Form 4 shows a disposition value of $0 (transaction code G) because the shares were donated rather than sold. Footnote F1 states the gift was to a donor-advised fund to support multiple myeloma research.
Key Details
- Transaction date: 2026-06-02
- Reported filing date: 2026-06-04 (timely filing)
- Quantity: 12,700 shares; Price per share: $0.00 for reporting purposes (gift)
- Footnotes: F1 = charitable contribution to a donor-advised fund for multiple myeloma research; F2 = represents common stock; F3 = denotes restricted stock units (appears in filing footnotes)
- Shares owned after the transaction: not specified in the provided excerpt
Context
- Gifts are dispositions that do not indicate the insider’s view on the company’s stock price the way open-market purchases or sales might; they are commonly used for charitable and tax-planning purposes. This filing documents a charitable donation of shares rather than a market sale or purchase.