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

Role: Chief Human Resources Officer
Signature: Sharon Houle Randall, Attorney In Fact
Stock symbol: CHH
Transactions as of: Nov 4, 2024
Transactions value $: -$1,848
Form type: 4
Date filed: 11/6/2024, 04:08 PM
Previous filing: Oct 17, 2024
Next filing: Nov 26, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CHH	Common Stock	Options Exercise	$2.2K	+27	+0.15%	$81.55	18.1K	Nov 4, 2024	Direct	F1
transaction	CHH	Common Stock	Sale	-$4.05K	-27	-0.15%	$150.00	18.1K	Nov 4, 2024	Direct	F1

Showing 1 to 2 of 2 entries

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CHH	Employee Stock Options	Options Exercise	$0	-27	-100%	$0.00	0	Nov 4, 2024	Common Stock	27	$81.55	Direct	F1, 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	Options vested in four equal annual installments beginning on March 2, 2019.