CHOICE HOTELS INTERNATIONAL INC /DE
For the period ended Mar 31, 2025. Filed May 8, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 8, 2025
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Item 5. - Other Information
Director and Officer Trading Arrangements
The following table describes, for the first quarter of 2025, each trading arrangement for the sale or purchase of Company securities adopted orterminated by our directors and officers that is either (i) a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) (a “Rule 10b5-1 trading arrangement), or (ii) a “non-Rule 10b5-1 trading arrangement” (as defined in Item 408(c) of Regulation S-K):
| Name (Title) | Action Taken (Date of Action) | Type of Trading Arrangement | Nature of Trading Arrangement | Duration of Trading Arrangement | Aggregate Number of Securities Covered |
|---|---|---|---|---|---|
| Dominic Dragisich(Executive Vice President, Operations and Chief Global Brand Officer) | Modified (March 14, 2025) (1) | Rule 10b5-1 trading arrangement | Sale | (2) | (2) |
| Simone Wu(Senior Vice President, General Counsel, Corporate Secretary & External Affairs) | Adopted (March 14, 2025) | Rule 10b5-1 trading arrangement | Sale | (3) | (3) |
(1)Represents the modification, as described in Rule 10b5-1(c)(1)(iv) under the Exchange Act, of an existing Rule 10b5-1 trading
arrangement, which was initially adopted on November 25, 2024, that related to options to purchase up to 10,500 shares of the Company's
common stock.
(2)This trading plan relates to up to 19,500 shares of the Company's common stock and has a scheduled expiration date of February 23, 2026. The actual number of shares that may be sold will depend on the number of shares that may be withheld to satisfy the minimum tax-withholding requirements related to the vesting of certain underlying equity awards.
(3) This trading plan relates to up to 17,275 shares of the Company's common stock and has a scheduled expiration date of February 22, 2026. The actual number of shares that may be sold will depend on the number of shares that may be withheld to satisfy the minimum tax-withholding requirements related to the vesting of certain underlying equity awards.
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