Patrick Cimerola - Oct 15, 2024 Form 4 Insider Report for CHOICE HOTELS INTERNATIONAL INC /DE (CHH)

Signature
Sharon Houle Randall, Attorney In Fact
Stock symbol
CHH
Transactions as of
Oct 15, 2024
Transactions value $
-$1,208
Form type
4
Date filed
10/17/2024, 11:13 AM
Previous filing
Oct 15, 2024
Next filing
Nov 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Sale -$5.94K -44 -0.24% $135.00 18K Oct 15, 2024 Direct F1
transaction CHH Common Stock Award $4.73K +35.1 +0.19% $134.71 18.1K Oct 16, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 14, 2024.
F2 Weighted average price, as these shares were purchased in multiple transactions at prices ranging from $134.59 to $134.76, 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, upon request, additional information regarding the number of shares purchased at each separate price within the range set forth in this footnote.