Melancon Monica 4
Research Summary
AI-generated summary
Wyndham (WH) CHRO Monica Melancon Sells Shares After RSU Vesting
What Happened
- Monica Melancon, Chief Human Resource Officer at Wyndham Hotels & Resorts (WH), had 2,493 restricted stock units (RSUs) vest on March 10, 2026 (acquisition at $0). To cover taxes, 1,276 of those shares were withheld (reported as a disposition) at $73.93 each (≈ $94,335). On March 11, 2026 she sold 8,861 shares in an open-market transaction at a weighted average price of $74.70 for total proceeds of about $661,932. Overall, the filing reports an award/vesting event and subsequent tax withholding plus an open-market sale (net effect: insider sold shares).
Key Details
- Transaction dates/prices/values:
- 2026-03-10: RSU vesting — 2,493 shares acquired at $0 (F1, F5).
- 2026-03-10: Tax withholding — 1,276 shares withheld at $73.93 (disposed) = $94,335 (F3).
- 2026-03-11: Open-market sale — 8,861 shares sold at weighted avg $74.70 = $661,932; sale prices ranged $74.635–$74.83 (F4).
- Total shares reported disposed on the filing: 10,137 (1,276 withheld + 8,861 sold); this exceeds the 2,493 vested RSUs, so at least some sold shares were from pre-existing holdings (filing does not detail sources beyond the withholding).
- Shares owned after the transactions: not specified in the provided filing.
- Footnotes: F1 (vesting under 2018 equity plan), F3 (shares withheld for tax liability per Rule 16b-3), F4 (weighted-average sale price; per-price breakdown available on request), F5 (RSUs).
- Filing Date: Form 4 filed 2026-03-12 covering transactions on March 10–11, 2026 (appears timely based on those dates).
Context
- This was primarily a sale (dispositions) following an RSU vesting event. The vesting is a compensation-related acquisition rather than an open-market purchase, and withheld shares were used to satisfy taxes (a common, administrative action). Sales that exceed vested shares imply additional shares sold from existing holdings; filings like this are factual records of transfers and don’t by themselves indicate the insider’s view on the company’s prospects.