Wyndham (WH) CEO Geoffrey Ballotti Exercises Options, Sells Shares

What Happened
Geoffrey A. Ballotti, President & CEO and a director of Wyndham Hotels & Resorts (WH), exercised 20,429 non‑qualified stock options on August 17, 2026 (paying $65.21/share, total ~$1,332,175) and sold 19,414 of the resulting shares in an open‑market sale at a weighted average price of $72.71/share (total proceeds ~$1,411,576). The exercise/conversion of the options is also reported as a derivative disposition (conversion of the option into shares). The sale was executed under a pre‑arranged Rule 10b5‑1 trading plan and was made solely to cover the option exercise costs, tax obligations, commissions and fees.

Key Details

• Transaction date: August 17, 2026.
• Option exercise: 20,429 shares @ $65.21 = $1,332,175 (acquired).
• Open‑market sale: 19,414 shares @ weighted avg $72.71 = $1,411,576 (disposed). Sales executed at prices ranging $72.38–$73.13.
• Net shares retained from this event: 1,015 shares (20,429 acquired − 19,414 sold).
• Footnotes: Exercise of non‑qualified options expiring Feb 23, 2027; transactions were effectuated pursuant to a Rule 10b5‑1 plan adopted March 11, 2026; sales were solely to cover costs/taxes/fees. Options vested per original grant schedule (vesting in four equal annual installments beginning Feb 27, 2021).
• Filing timeliness: Report filed Aug 19, 2026 for trades on Aug 17, 2026 (appears timely).
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context

• This is an option exercise with a near‑immediate partial sale (commonly a cashless exercise pattern): Ballotti converted options to shares and sold most of the shares to cover the exercise price and tax obligations under a pre‑set trading plan. Such routine exercises/sales are typically administrative and not necessarily a directional signal about the CEO’s view of the company.