Ballotti Geoffrey A 4
4 · WYNDHAM HOTELS & RESORTS, INC. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Wyndham (WH) CEO Geoffrey Ballotti Exercises Options, Sells Shares
What Happened
- Geoffrey A. Ballotti, President & CEO and Director of Wyndham Hotels & Resorts (WH), exercised 20,429 non‑qualified stock options on June 15, 2026. The exercise price paid was $65.21 per share for a total cash cost of $1,332,175.
- On the same day he sold a total of 18,516 shares in multiple open‑market transactions (3,113 @ $80.04; 14,445 @ $80.91; 958 @ $81.44) for combined proceeds of approximately $1,495,979.
- The filing also reports the extinguishment/disposition of the derivative (the options) tied to the 20,429 shares (reported at $0.00). Net effect of these transactions: Ballotti retained an incremental 1,913 shares from the exercise (20,429 exercised – 18,516 sold).
Key Details
- Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (timely filing).
- Exercise: 20,429 options @ $65.21 = $1,332,175 (non‑qualified stock options expiring Feb 23, 2027).
- Sales: 3,113 shares @ $80.04; 14,445 shares @ weighted avg $80.91 (range $80.32–$81.32); 958 shares @ weighted avg $81.44 (range $81.41–$81.48). Total proceeds ≈ $1,495,979.
- Net shares retained from this sequence: +1,913 shares.
- Footnotes: Transactions were effectuated pursuant to a Rule 10b5‑1 trading plan adopted March 11, 2026. Sales were made to cover option costs, tax obligations, commissions and fees (sell‑to‑cover). Options vested in four equal installments from Feb 27, 2021 (vesting schedule noted).
- Shares owned after transaction: total beneficial ownership not disclosed in the provided excerpt; only the net change (+1,913) can be inferred.
Context
- This was an option exercise followed by sell‑to‑cover sales under a pre‑arranged 10b5‑1 plan — a common way for insiders to satisfy exercise costs and tax withholding without ad hoc trading.
- Such routine sell‑to‑cover transactions are typically administrative rather than a clear signal of personal market view; they do, however, increase the insider’s cash proceeds and slightly raise or maintain their remaining share position depending on prior holdings.
Insider Transaction Report
Form 4
Ballotti Geoffrey A
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-06-15$65.21/sh+20,429$1,332,175→ 566,824 total - Sale
Common Stock
[F3][F4][F2]2026-06-15$80.04/sh−3,113$249,163→ 563,711 total - Sale
Common Stock
[F3][F5][F2]2026-06-15$80.91/sh−14,445$1,168,796→ 549,266 total - Sale
Common Stock
[F3][F6][F2]2026-06-15$81.44/sh−958$78,020→ 548,308 total - Exercise/Conversion
Non-Qualified Stock Options
[F1][F8]2026-06-15−20,429→ 61,287 totalExercise: $65.21Exp: 2027-02-23→ Common Stock (20,429 underlying)
Holdings
- 165,045
Common Stock
[F7]
Footnotes (8)
- [F1]Transaction to exercise previously granted non-qualified stock options expiring on February 23, 2027 and effectuated pursuant to Rule 10b5-1 Trading Plan adopted March 11, 2026.
- [F2]Represents shares of common stock.
- [F3]Sale of common stock effectuated pursuant to Rule 10b5-1 Trading Plan adopted March 11, 2026 solely to cover option costs, tax obligations, commissions and fees incident to the exercise of non-qualified stock options granted in accordance with Rule 16b-3 and the delivery of shares in respect thereof.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.31 to $80.31, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.32 to $81.32, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.41 to $81.48, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price.
- [F7]Represents restricted stock units.
- [F8]The options vested in four equal installments on each of the first four anniversaries of February 27, 2021.
Signature
/s/ Paul F. Cash as Attorney-in-Fact for Geoffrey A. Ballotti|2026-06-17