Albert Kurt 4
Research Summary
AI-generated summary
Wyndham (WH) Interim CFO Albert Kurt Receives RSU Award
What Happened
Albert Kurt, Interim Chief Financial Officer of Wyndham Hotels & Resorts, had 2,602 restricted stock units (RSUs) vest on March 1, 2026 (awarded/received at $0.00 per share). To cover tax withholding, 950 shares were surrendered/disposed at an indicated price of $81.80 per share, totaling $77,710. The net issued to Kurt after withholding was 1,652 shares.
Key Details
- Transaction dates: Vesting and acquisition on 2026-03-01; Form 4 filed 2026-03-03 (timely).
- Grants/vesting: 2,602 RSUs vested under the Issuer’s 2018 Equity and Incentive Plan.
- Tax withholding: 950 shares withheld as payment of tax liability (disposed) at $81.80/share = $77,710.
- Price: RSUs acquired at $0.00 on vesting (code A); withholding reported as code F (tax withholding).
- Shares owned after transaction: Not specified in the filing excerpt provided.
- Footnotes: F1–F4 note the RSU vesting, share representation, and tax-withholding mechanics.
Context
This was a routine RSU vesting event, not an open-market purchase or a voluntary sale. Withholding shares to cover taxes is a common, administrative action and does not necessarily indicate any change in insider sentiment. For retail investors, purchases are typically more informative than routine vesting or tax-withholding disposals.