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CHH CHOICE HOTELS INTERNATIONAL INC /DE Insider Trading

Latest: Interim CEO Sold $2.6M of Shares · May 2026

Multiple insiders have been active at CHOICE HOTELS INTERNATIONAL INC /DE (CHH): 5 distinct insiders account for 0 buy filings and 13 sell filings as of May 2026. Its highest-significance filing in the last 90 days: Interim CEO Dominic Dragisich sold $2.6M, transaction dated May 2026.

13 filings analyzed · Latest 2026-05-28

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Buys
0
Sells
13
Insiders
5
Direction
Net selling

CHOICE HOTELS INTERNATIONAL INC /DE leadership

CEO
Patrick S. Pacious — Chief Executive Officer
CFO
Scott E. Oaksmith — Chief Financial Officer
General Counsel
Jeff Lobb — Senior Vice President, General Counsel & Secretary
Chair
Stewart W. Bainum Jr. — Chairman of the Board

Historically, stocks have lagged the S&P 500 by a median ~3% over the 90 days after a low insider sell (n ≈ 1,162, 2024-2026). Past results don't predict the future. How we measure this ↗

May 2026
2026-05-28 10b5-1 Plan
low
Interim CEO
22,621 shares
$2,584,484
@ $114.25
Significance 4

Interim CEO Dominic Dragisich sold 22,621 shares for $2,584,483.89 via pre-arranged 10b5-1 plan on 2026-05-26.

Dominic Dragisich, who was Interim CEO at the time, executed 4 separate sales totaling 22,621 shares for $2,584,483.89 at prices ranging from $112.50 to $115.15 on 2026-05-26, reducing his non-derivative holdings from 104,228 shares to 81,607 shares (-21.7% vs pre-transaction holdings). This sale is part of a pre-arranged 10b5-1 trading plan adopted on 2026-02-24, making it a scheduled transaction rather than a discretionary trade. The blended average sale price of $114.25 compares to the current price of $114.06, and the stock is -16.4% from its 52-week high of $136.45 and -4.9% over the prior 30 days. The company has modest fundamentals with annual revenue growth of +0.8% and a P/E of 15.01. Given the scheduled nature of this sale under a pre-arranged plan, the transaction carries limited signal value regarding current insider sentiment.

February 2026
2026-02-04 10b5-1 Plan
medium
WU Simone Sell
Senior Vice President
8,080 shares
$820,579
@ $101.56
Significance 4

CHH SVP Simone Wu sold 8,080 shares in 4 separate transactions on 2026-02-02 for $820,579.32

Simone Wu, Senior Vice President at Choice Hotels, conducted 4 separate open-market sales totaling 8,080 shares (8.1K shares) for $820,579.32 on 2026-02-02, reducing her holdings from 56,883 to 48,803 shares (-14.2% vs pre-transaction holdings). The sale occurred at an average price of $101.56, which is currently $6.13 below the stock's $107.69 price; despite this 6.0% discount to current price, the stock has risen 8.4% over the past 30 days and 7.3% over 90 days—a pattern consistent with her prior same-ticker sales in September 2024, both of which also saw positive returns within those windows. The company trades at a modest 13.04 P/E with $180.0M net income on $447.3M quarterly revenue (+2.6% annual growth), suggesting a stable profile, though the blended average price at sale remains below recent highs, occurring 31.0% below the 52-week high of $155.97.

November 2024
2024-11-26 10b5-1 Plan
medium
Chief Human Resources Officer
13,236 shares
$1,998,022
@ $150.95
Significance 5

CHH CHRO Patrick Cimerola sells 13.2K shares (51.2% of holdings) for $2.0M at blended avg $150.95

Patrick Cimerola, Chief Human Resources Officer of Choice Hotels, executed 9 separate sales totaling 13,236 shares for $1,998,021.89 across November 22 and November 25, 2024, reducing his post-transaction holdings from 25,852 shares to 12,616 shares—a 51.2% reduction in his stake. The sales occurred at prices ranging from $150.00 to $152.47, with a blended average price of $150.95, within 0.6% of the stock's 52-week high of $152.73. The stock has appreciated 7.3% over the past 30 days and 19.7% over 90 days, placing it near cyclical highs. At the CHRO level, this is a material reduction of equity exposure during a strong price run-up near resistance levels. No prior information suggests scheduled trading plan status or transaction structure, so the scale of the disposal—51.2% of holdings—constitutes a significant discretionary position reduction by a senior executive.

2024-11-12 10b5-1 Plan
medium
President & CEO
7,192 shares
$1,042,480
@ $144.95
Significance 5

Choice Hotels President/CEO Patrick sold 7,192 shares at $144.95 on 2024-11-08; stock near 52-week high of $145.01.

Pacious Patrick sold 7,192 shares at $144.95, executed at prices within 0.5% of the 52-week high of $145.01. The sale reduced his stake by 1.7%, leaving him with 404,666 shares post-transaction. This is the latest in a sequence of five sales at CHH all clustered within the past four trading days (2024-11-04 through 2024-11-08), totaling systematic reductions in his position. While Patrick's cross-ticker track record shows 10 prior sells with an average 30-day return of +10.4%, his same-ticker history at CHH shows no yet-measurable outcomes across the five recent transactions. The stock has appreciated significantly over the last 90 days (+21.0%) and 30 days (+8.0%), trading near its upper bound, providing context for the timing of these sales.

2024-11-08 10b5-1 Plan
low
President & CEO
26,816 shares
$3,879,935
@ $144.69
Significance 3

CHH CEO Pacious Patrick sells 26,816 shares for $3.9M via 10b5-1 plan executed 2024-11-06

Pacious Patrick, President & CEO of Choice Hotels, executed 3 separate sales totaling 26,816 shares for $3,879,935.08 at a blended average price of $144.69 on 2024-11-06. This transaction was part of a pre-arranged 10b5-1 trading plan adopted on 2024-03-14, meaning the sales were scheduled and not discretionary. The CEO's post-transaction holdings remain substantial at 404,666 shares, representing a 6.2% reduction from pre-transaction levels. As a scheduled disposition under a Rule 10b5-1 plan, this sale carries no timing signal about the CEO's view of current valuation or near-term prospects.

2024-11-06 10b5-1 Plan
low
President & CEO
10,960 shares
$1,599,387
@ $145.93
Significance 4

CHH CEO Patrick sold 10,960 shares on 2024-11-04 across 4 transactions for $1,599,386.65 at blended average $145.93.

Pacious Patrick, President & CEO of Choice Hotels, executed 4 separate sales on 2024-11-04 totaling 10,960 shares ($1.6M), reducing his holdings from 415.6K to 404.7K shares (-2.6%). The sales occurred across a narrow price range ($144.65–$149.07) as the stock traded near its 52-week high of $144.48 (current price). His cross-ticker track record shows an average 30-day return of +10.4% following prior sales, but same-ticker measurable outcomes remain mixed: two recent sales on 2024-09-10 posted +11.4% and +10.5% 30-day returns, though no 90-day outcomes are yet determinable for timing assessment. The sale size represents routine portfolio activity and does not signal a material shift in conviction, given the CEO retains 404.7K shares and the stock remains near its 52-week highs with strong recent momentum (+12.3% over 30 days, +19.1% over 90 days).

October 2024
2024-10-15 10b5-1 Plan
medium
Chief Human Resources Officer
13,215 shares
$1,784,884
@ $135.06
Significance 5

CHH CHRO Patrick Cimerola sells 13,215 shares for $1.8M at $135.06; holdings reduced 42.2% in 5 transactions on 2024-10-11 and 2024-10-14.

Patrick Cimerola, Chief Human Resources Officer at Choice Hotels International, executed 5 separate sales totaling 13,215 shares for $1,784,883.52, reducing his holdings from 31,298 shares to 18,083 shares (a -42.2% reduction). The sales occurred at a blended average price of $135.06 across two trading days (2024-10-11 and 2024-10-14), near the stock's 52-week high of $134.30. Reviewing Cimerola's prior transaction patterns at Choice Hotels, three prior sells on 2024-07-12 each showed positive 90-day returns (+6.7%, +6.6%, +6.7%), indicating his prior sales at this ticker were poorly timed relative to subsequent stock appreciation. The company's current fundamentals remain solid with annual revenue growth of +10.1%, a P/E of 26.40, and recent quarterly revenue of $435.2M with net income of $87.1M, providing no apparent deterioration in business performance at the time of sale.

2024-10-15 10b5-1 Plan
medium
Chief Commercial Officer
8,712 shares
$1,176,033
@ $134.99
Significance 5

CCO Robert McDowell sold 8,712 CHH shares at $134.99; retained 38,502 shares post-transaction.

McDowell Robert J, Chief Commercial Officer of Choice Hotels, sold 8,712 shares at $134.99 on 2024-10-11, reducing his holdings by 18.5% from 47,214 to 38,502 shares. The sale occurred near the 52-week high, with the transaction price $134.99 only 0.5% below the documented 52-week peak of $134.30, and the stock has risen 6.8% over the preceding 30 days and 2.3% over 90 days. While the transaction represents a meaningful reduction in his ownership stake, the substantial remaining position of 38,502 shares and the absence of a documented trading plan or pattern information limits what can be inferred about executive sentiment regarding the company's near-term prospects.

2024-10-15 10b5-1 Plan
low
EVP, Op & Chief Glb Brands Ofc
9,138 shares
$1,232,533
@ $134.88
Significance 4

EVP Dragisich sells 9,138 CHH shares at $134.88; 11.8% position reduction near 52-week highs.

Dominic Dragisich, EVP of Operations and Chief Global Brands Officer, sold 9,138 shares of Choice Hotels on 2024-10-11 at $134.88, reducing his holdings from 77,647 to 68,509 shares. The transaction occurred at a price -0.5% from the 52-week high of $134.30, representing an 11.8% reduction in his pre-transaction holdings. Across his cross-ticker track record of 7 prior sells, Dragisich averaged a 90-day return of +7.4% after selling, with 0% of those sales well-timed (meaning the stock subsequently rose after each sale). At Choice Hotels specifically, his two prior measurable sales in July 2024 posted 90-day gains of +7.9% and +6.9%, indicating a pattern of selling before stock appreciation. Given the company's strong fundamentals—$435.2M quarterly revenue, net income of $87.1M, 10.1% annual revenue growth, and P/E of 26.40—this sale may reflect opportunistic selling into a valuation peak rather than operational or financial distress.

September 2024
2024-09-23 10b5-1 Plan
medium
WU Simone Sell
Senior Vice President
7,840 shares
$1,019,836
@ $130.08
Significance 5

SVP WU sells 7,840 shares of CHH at blended $130.08; reduces stake by 14.7% to 45,669 shares

WU Simone executed 2 separate sales totaling 7,840 shares on 2024-09-19 at an average price of $130.08, reducing her holdings from 53,509 shares to 45,669 shares. The stock currently trades at $130.67, just 1.4% below its 52-week high of $132.47, and has gained 9.0% over the past 90 days. The company's fundamentals remain solid, with P/E of 25.82 and annual revenue growth of 10.1%. The sale represents a meaningful 14.7% reduction in her shareholdings, occurring at price levels within the upper range of the stock's recent range, though without prior transaction history at this specific ticker provided, the timing context relative to her historical trading pattern cannot be assessed.

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