CHURCHILL BRUCE 4

What Happened

• Bruce Churchill, a director of Wyndham Hotels & Resorts, Inc. (WH), was awarded 1,639 restricted stock units (RSUs) on March 9, 2026. The award was recorded at $0.00 per unit (grant), i.e., no cash was exchanged at grant.

Key Details

• Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (Accession 0001722684-26-000020).
• Transaction type: Award/Grant (code A) of 1,639 restricted stock units (RSUs).
• Grant price/value at issuance: $0.00 per unit (standard for equity awards).
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F1: Units granted under the Issuer’s Amended and Restated 2018 Equity and Incentive Plan; vest in four equal installments on each of the first four anniversaries of March 9, 2026, subject to continued service as a director. Each vested RSU converts into one share of common stock.
  • F2: Identifies these instruments as restricted stock units.
  • F3: Indicates deferred stock units (reporting/recording convention).
• Filing timeliness: Report filed two days after the grant date; the Form 4 does not indicate a late filing flag.

Context

• RSU grants to directors are a common part of board compensation. These units do not represent immediately tradable shares until they vest and convert to common stock.
• Vesting over four years means the award converts to shares gradually (one-quarter each year if service continues). Taxable income typically arises when RSUs vest (unless deferral election applies).
• This award is a compensation grant rather than an open-market purchase or sale and should be interpreted as routine director compensation, not as a direct buy/sell signal.