Choice Hotels DEF 14A: Executive Comp & Governance

Ticker: CHH · Form: DEF 14A · Filed: 2024-04-15T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, executive-compensation, corporate-governance

TL;DR

CHOICE HOTELS DEF 14A OUT: Details exec pay, board structure, and 2023 equity awards. Governance focus.

AI Summary

Choice Hotels International Inc. filed its DEF 14A on April 15, 2024, for the fiscal year ending December 31, 2023. The filing details executive compensation, board of directors, and other corporate governance matters. Key information includes details on equity awards granted and vested for the fiscal year 2023.

Why It Matters

This filing provides crucial insights into how Choice Hotels compensates its top executives and the structure of its board, which can influence strategic decisions and shareholder value.

Risk Assessment

Risk Level: medium — DEF 14A filings can reveal information about executive compensation and corporate governance that may impact investor confidence and stock performance.

Key Numbers

2023-12-31 — Fiscal Year End (Reporting period for the filing.)
20240415 — Filing Date (Date the DEF 14A was submitted to the SEC.)

Key Players & Entities

CHOICE HOTELS INTERNATIONAL INC /DE (company) — Filer
915 MEETING STREET (location) — Business Address
NORTH BETHESDA, MD (location) — Business Address

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Definitive Proxy Statement, is filed by companies to solicit proxies from shareholders for an upcoming annual or special meeting. It provides detailed information on matters to be voted on, including executive compensation, director elections, and other corporate governance issues.

What specific fiscal year does this DEF 14A filing cover?

This DEF 14A filing covers the fiscal year ending December 31, 2023.

When was this DEF 14A filing submitted to the SEC?

This DEF 14A filing was submitted to the SEC on April 15, 2024.

What type of company is Choice Hotels International Inc. classified under?

Choice Hotels International Inc. is classified under the Standard Industrial Classification code 7011, which pertains to Hotels & Motels.

Does the filing mention any former company names?

Yes, the filing mentions former company names: CHOICE HOTELS FRANCHISING INC (name change date: 19971118) and CHOICE HOTELS INTERNATIONAL INC/ (name change date: 19971022).

From the Filing

0001046311-24-000016.txt : 20240415 0001046311-24-000016.hdr.sgml : 20240415 20240415160850 ACCESSION NUMBER: 0001046311-24-000016 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 177 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240415 DATE AS OF CHANGE: 20240415 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHOICE HOTELS INTERNATIONAL INC /DE CENTRAL INDEX KEY: 0001046311 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 521209792 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-13393 FILM NUMBER: 24844730 BUSINESS ADDRESS: STREET 1: 915 MEETING STREET STREET 2: SUITE 600 CITY: NORTH BETHESDA STATE: MD ZIP: 20852 BUSINESS PHONE: 3015925000 MAIL ADDRESS: STREET 1: 915 MEETING STREET STREET 2: SUITE 600 CITY: NORTH BETHESDA STATE: MD ZIP: 20852 FORMER COMPANY: FORMER CONFORMED NAME: CHOICE HOTELS FRANCHISING INC DATE OF NAME CHANGE: 19971118 FORMER COMPANY: FORMER CONFORMED NAME: CHOICE HOTELS INTERNATIONAL INC/ DATE OF NAME CHANGE: 19971022 DEF 14A 1 chh-20240415.htm DEF 14A chh-20240415 0001046311 DEF 14A FALSE 0001046311 2023-01-01 2023-12-31 iso4217:USD xbrli:pure 0001046311 2022-01-01 2022-12-31 0001046311 2021-01-01 2021-12-31 0001046311 2020-01-01 2020-12-31 0001046311 ecd:PeoMember 2023-01-01 2023-12-31 0001046311 chh:EquityAwardsGrantedDuringTheYearUnvestedMember ecd:PeoMember 2023-01-01 2023-12-31 0001046311 chh:EquityAwardsGrantedDuringInPriorYearUnvestedMember ecd:PeoMember 2023-01-01 2023-12-31 0001046311 chh:EquityAwardsGrantedInPriorYearsVestedMember ecd:PeoMember 2023-01-01 2023-12-31 0001046311 chh:EquityAwardsThatFailedToMeetVestingConditionsMember ecd:PeoMember 2023-01-01 2023-12-31 0001046311 chh:EquityAwardsValueOfDividendsAndOtherEarningsPaidAdjustmentMember ecd:PeoMember 2023-01-01 2023-12-31 0001046311 ecd:PeoMember 2022-01-01 2022-12-31 0001046311 chh:EquityAwardsGrantedDuringTheYearUnvestedMember ecd:PeoMember 2022-01-01 2022-12-31 0001046311 chh:EquityAwardsGrantedDuringInPriorYearUnvestedMember ecd:PeoMember 2022-01-01 2022-12-31 0001046311 chh:EquityAwardsGrantedInPriorYearsVestedMember ecd:PeoMember 2022-01-01 2022-12-31 0001046311 chh:EquityAwardsThatFailedToMeetVestingConditionsMember ecd:PeoMember 2022-01-01 2022-12-31 0001046311 chh:EquityAwardsValueOfDividendsAndOtherEarningsPaidAdjustmentMember ecd:PeoMember 2022-01-01 2022-12-31 0001046311 ecd:PeoMember 2021-01-01 2021-12-31 0001046311 chh:EquityAwardsGrantedDuringTheYearUnvestedMember ecd:PeoMember 2021-01-01 2021-12-31 0001046311 chh:EquityAwardsGrantedDuringInPriorYearUnvestedMember ecd:PeoMember 2021-01-01 2021-12-31 0001046311 chh:EquityAwardsGrantedInPriorYearsVestedMember ecd:PeoMember 2021-01-01 2021-12-31 0001046311 chh:EquityAwardsThatFailedToMeetVestingConditionsMember ecd:PeoMember 2021-01-01 2021-12-31 0001046311 chh:EquityAwardsValueOfDividendsAndOtherEarningsPaidAdjustmentMember ecd:PeoMember 2021-01-01 2021-12-31 0001046311 ecd:PeoMember 2020-01-01 2020-12-31 0001046311 chh:EquityAwardsGrantedDuringTheYearUnvestedMember ecd:PeoMember 2020-01-01 2020-12-31 0001046311 chh:EquityAwardsGrantedDuringInPriorYearUnvestedMember ecd:PeoMember 2020-01-01 2020-12-31 0001046311 chh:EquityAwardsGrantedInPriorYearsVestedMember ecd:PeoMember 2020-01-01 2020-12-31 0001046311 chh:EquityAwardsThatFailedToMeetVestingConditionsMember ecd:PeoMember 2020-01-01 2020-12-31 0001046311 chh:EquityAwardsValueOfDividendsAndOtherEarningsPaidAdjustmentMember ecd:PeoMember 2020-01-01 2020-12-31 0001046311 ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001046311 chh:EquityAwardsGrantedDuringTheYearUnvestedMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001046311 ecd:NonPeoNeoMember chh:EquityAwardsGrantedDuringInPriorYearUnvestedMember 2023-01-01 2023-12-31 0001046311 chh:EquityAwardsGrantedInPriorYearsVestedMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001046311 chh:EquityAwardsThatFailedToMeetV