HOLMES STEPHEN P 4

What Happened
Stephen P. Holmes, a member of Wyndham Hotels & Resorts' Board of Directors, received 326 deferred stock units (DSUs) on March 10, 2026. The units were issued as an award/vesting event priced at $0.00 per unit (no cash exchanged). These DSUs arose from the vesting of previously granted restricted stock units (RSUs) and each DSU entitles Holmes to receive one share of Wyndham common stock upon his retirement or termination of Board service.

Key Details

• Transaction type: Award/Grant (Code A) — 326 deferred stock units issued.
• Transaction date: March 10, 2026; Filing date: March 12, 2026 (filed within the typical 2‑business‑day window).
• Price: $0.00 per unit (no cash paid at issuance).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 notes these are DSUs issued on vesting of RSUs; F2 = deferred stock units; F3 = restricted stock units; F4 = common stock shares.
• This was a compensation/vesting event, not an open‑market purchase or sale.

Context
Deferred stock units are commonly used for director compensation; they are not immediately exchangeable for tradable shares and typically convert to actual shares (or cash equivalent) only when the director leaves the board or meets a payout condition. Such awards reflect routine equity compensation and do not by themselves indicate a buying or selling signal by the insider.