BUCKMAN JAMES E 4

What Happened

• James E. Buckman, a director of Wyndham Hotels & Resorts (WH), was issued 326 deferred stock units (reported as 326 shares) on March 10, 2026. The Form 4 records the grant/award at $0.00 per share (total reported value $0) because these units were issued on vesting of previously granted restricted stock units (RSUs).

Key Details

• Transaction date: 2026-03-10 (reported on Form 4 filed 2026-03-12).
• Transaction type/code: Award/Grant (A).
• Amount: 326 deferred stock units (reported as 326 shares) at $0.00.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 notes these are deferred stock units and accrued dividends issued on RSU vesting; each unit converts to one common share upon the director’s retirement or termination from the Board. F2 = deferred stock units; F3 = restricted stock units; F4 = common stock.
• Filing timeliness: Report filed two days after the transaction (appears timely under Form 4 rules).

Context

• These were not an open-market purchase or sale but a compensation-related award tied to previously granted RSUs that vested. Deferred stock units generally represent future delivery of shares (typically at retirement/termination) and do not indicate an immediate change in market exposure or a trading decision by the insider. Such awards are common for non-employee directors as part of compensation.