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.