CHOICE HOTELS INTERNATIONAL INC /DE
For the period ended Dec 31, 2025. Filed Feb 19, 2026.
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FY2025 · Filed Feb 19, 2026
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Item 9B. Other Information
Director and Officer Trading Arrangements
The following table describes, for the fourth 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 |
|---|---|---|---|---|---|
| Patrick S. Pacious(President and Chief Executive Officer) | Adopted (December 12, 2025) | Rule 10b5-1 trading arrangement | Sale | Expires June 10, 2026, unless earlier terminated | 31,732 |
| Scott E. Oaksmith(Chief Financial Officer) | Adopted (December 12, 2025) | Rule 10b5-1 trading arrangement | Sale | (1) | (1) |
(1)This trading plan relates to up to 7,280 shares of the Company's common stock and has a scheduled expiration date of March 31, 2026, unless terminated earlier. The actual number of shares that may be sold will depend on (i) the vesting of the underlying equity award, which is subject to the achievement of certain performance criteria, and (ii) the number of shares that may be withheld to satisfy the minimum tax-withholding requirements related to the vesting of such award.
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