CHURCHILL BRUCE 4
Research Summary
AI-generated summary
Wyndham (WH) Director Bruce Churchill Receives Award of 573 Shares
What Happened
- Bruce Churchill, a director of Wyndham Hotels & Resorts (WH), was granted 573 shares (reported as an "A" — award/acquisition) on May 1, 2026.
- The units are reported at $80.84 each for a total value of $46,321. This award represents compensation (not an open‑market purchase or sale).
Key Details
- Transaction date and price: 2026-05-01 at $80.84 per share; total value $46,321.
- Shares owned after transaction: not specified in the Form 4 (the filing lists the grant only).
- Footnotes: F1/F2 indicate these are deferred stock units (DSUs) issued for quarterly retainer fees and dividends; each DSU entitles the reporting person to receive one share following retirement or termination of Board service. (F3 on the filing denotes restricted stock units generally, but the reported grant here is DSUs.)
- Filing timeliness: Form filed 2026-05-05; filed within the required SEC timeframe for Form 4 reporting.
Context
- These deferred stock units are a common form of director compensation and do not reflect an immediate cash purchase or sale in the open market. DSUs typically convert to actual shares only upon the director’s departure from the board, so this award signals compensation alignment but not an active market bet by the insider.