Wyndham Hotels & Resorts CEO Ballotti sells $1.42 million in stock
Wyndham Hotels & Resorts CEO Geoffrey Ballotti exercised non-qualified stock options on October 15, 2026, and subsequently sold shares totaling $1.42 million. The sales consisted of two separate transactions: 13,700 shares at a weighted average price of $73.47 and 5,595 shares at a weighted average price of $74.23. These transactions were executed to cover option costs, taxes, commissions, and fees.
Prior to the sales, Ballotti had exercised 20,429 options, valued at $1.32 million, which had vested in four installments since 2021. Following the stock sales, Ballotti held 550,457 shares of common stock and 165,045 restricted stock units. Wyndham Hotels & Resorts reported a second-quarter earnings beat, with adjusted EPS of $1.48, but revenue of $375 million missed projections of $401.5 million.
The EPS success was due to higher adjusted EBITDA and share repurchases, but the revenue shortfall led to a decline in the company's stock price.
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