Melancon Monica 4
Research Summary
AI-generated summary
Wyndham (WH) CHRO Monica Melancon Receives Awards, Sells Shares
What Happened
Monica Melancon, Chief Human Resource Officer of Wyndham Hotels & Resorts (WH), had performance and restricted stock units vest on March 1, 2026. She acquired 8,084 shares from vested performance stock units and 6,094 shares from vested restricted stock units (total 14,178 shares). To satisfy tax withholding on those vesting events, 4,191 shares and 3,118 shares were withheld (disposed) at an effective value of $81.80 per share, generating proceeds/withheld value of $342,824 and $255,052 respectively (total ~$597,876). The award entries show $0.00 per-share acquisition price because these were equity awards that vested.
Key Details
- Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (appears timely).
- Awards vested: 8,084 shares (performance stock units) and 6,094 shares (restricted stock units).
- Tax withholding (share disposition): 4,191 shares and 3,118 shares at $81.80/share — total withheld value ≈ $597,876.
- Transaction codes: A = Award/Grant (vesting), F = Payment of exercise price or tax liability (share withholding).
- Footnotes indicate PSUs and RSUs vested and common stock was withheld to pay taxes in accordance with Rule 16b-3.
- Shares owned after the transactions are not reported in the supplied data.
Context
These transactions reflect equity awards vesting and shares withheld to cover tax liabilities (a cashless withholding), not an open-market sale by the insider. Vesting and withholding are routine forms of executive compensation and do not necessarily indicate a change in the insider’s view of the company.