Rossi Nicola 4
Research Summary
AI-generated summary
Wyndham (WH) CAO Nicola Rossi Receives RSU Award; Withholds Shares
What Happened
Nicola Rossi, Chief Accounting Officer of Wyndham Hotels & Resorts (WH), had 1,360 restricted stock units vest on March 10, 2026, which converted into 1,360 shares of common stock (acquired at $0.00 as an award). To satisfy tax withholding obligations on the vesting, 696 of those shares were withheld at a per-share value of $73.93, generating $51,455 in withheld value. Based on the $73.93 price used for withholding, the total market value of the 1,360 vested shares is roughly $100,545. These transactions are compensation-related (vesting and tax withholding), not open-market buys or discretionary sales.
Key Details
- Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (timely).
- Codes: A = award/acquisition (1,360 shares @ $0.00); F = shares withheld to cover tax liability (696 shares @ $73.93 = $51,455).
- Footnotes: RSUs vested under the issuer’s 2018 Amended and Restated Equity and Incentive Plan (F1, F4); shares withheld to satisfy tax withholding in accordance with Rule 16b-3 (F3); F2 indicates common stock.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
This is a routine equity compensation event: restricted stock units vested and some award shares were withheld to cover taxes (a common practice). Withholding is not an open-market sale and generally does not signal insider sentiment about the company’s stock. Purchases or open-market sales would be more indicative of a change in insider conviction; this filing reflects standard compensation mechanics.