Strickland Scott R. 4
Research Summary
AI-generated summary
Wyndham (WH) CCO Scott R. Strickland Receives RSU Award
What Happened
- Scott R. Strickland, Chief Commercial Officer of Wyndham Hotels & Resorts (WH), was granted 20,658 restricted stock units (RSUs) on March 9, 2026. The grant was recorded at $0.00 per unit (no cash paid at grant), total initial value $0 for reporting purposes. These RSUs convert to one share of common stock per vested unit.
Key Details
- Transaction date: 2026-03-09 (reported on Form 4 filed 2026-03-11).
- Transaction type: Award/Grant of RSUs (code A).
- Amount: 20,658 restricted stock units granted at $0.00 per unit.
- Vesting: Units vest in four equal annual installments on each of the first four anniversaries of March 9, 2026, subject to continued employment (footnote F1).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes: F1 describes the RSU vesting schedule; F2 denotes that the reported units are RSUs; F3 denotes shares of common stock (one share per vested RSU).
- Timeliness: Filing appears timely (reported two days after the transaction).
Context
- RSU grants are a common form of executive compensation and do not represent an immediate purchase or sale of shares; value to the insider is realized only as units vest and convert to stock. This filing reports the grant itself and does not indicate any immediate disposition of shares.