Bainum Amends Choice Hotels Stake Filing
Ticker: CHH · Form: SC 13D/A · Filed: 2024-05-22T00:00:00.000Z
Sentiment: neutral
Topics: 13D-filing, ownership-update, hotel-industry
Related Tickers: CHH
TL;DR
Bainum updated his Choice Hotels filing on 5/20. Still watching.
AI Summary
Bruce Bainum, through an amendment to a Schedule 13D filing dated May 20, 2024, has updated his stake in Choice Hotels International, Inc. The filing indicates a change in the reporting person's holdings, though specific new dollar amounts or exact share counts are not detailed in this excerpt. This amendment is part of an ongoing disclosure process regarding beneficial ownership.
Why It Matters
This filing signals ongoing activity and potential shifts in significant ownership stakes within Choice Hotels International, which could influence stock price and corporate strategy.
Risk Assessment
Risk Level: medium — Amendments to 13D filings often indicate active engagement or potential changes in strategy by significant shareholders, which can introduce volatility.
Key Players & Entities
- Bruce Bainum (person) — Reporting Person
- Choice Hotels International, Inc. (company) — Subject Company
- May 20, 2024 (date) — Date of Event
FAQ
What specific changes are detailed in this Amendment No. 11 to the Schedule 13D filing?
This excerpt does not detail the specific changes in holdings, only that it is an amendment to a previously filed Schedule 13D.
Who is the reporting person for this filing?
The reporting person is Bruce Bainum.
What is the CUSIP number for Choice Hotels International, Inc. common stock?
The CUSIP number is 169905-10-6.
When was the event that requires this filing to be made?
The date of the event which requires filing of this statement is May 20, 2024.
What is the business address of Choice Hotels International, Inc.?
The business address is 915 Meeting Street, Suite 600, North Bethesda, MD 20852.
From the Filing
0001193125-24-144544.txt : 20240522 0001193125-24-144544.hdr.sgml : 20240522 20240522095055 ACCESSION NUMBER: 0001193125-24-144544 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240522 DATE AS OF CHANGE: 20240522 SUBJECT COMPANY: 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: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-51781 FILM NUMBER: 24971822 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BAINUM BRUCE CENTRAL INDEX KEY: 0001036806 ORGANIZATION NAME: FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 8171 MAPLE LAWN BLVD STREET 2: SUITE 375 CITY: FULTON STATE: MD ZIP: 20759 SC 13D/A 1 d600276dsc13da.htm SC 13D/A SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 11)* CHOICE HOTELS INTERNATIONAL, INC. (Name of Issuer) Common Stock (Title of Class of Securities) 169905-10-6 (CUSIP Number) Christine A. Shreve - 240-295-1600 8171 Maple Lawn Blvd, Suite 375, Fulton, MD 20759 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 20, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b) (3) or (4), check the following box ☐. * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 169905-10-6 13D Page 2 of 5  1   Name of Reporting Person  Bruce D. Bainum (“Dr. Bainum” or the “Reporting Person”)  2  Check the Appropriate Box if a Member of a Group*  (a) ☐  (b) ☐  3  SEC Use Only  4  Source of Funds  00  5  Check Box if Disclosure of Legal Proceeding is Required Pursuant to Items 2(C) or 2(E)  ☐  6  Citizenship or Place of Organization  USA Number of Shares Beneficially  Owned by Each Reporting Person with:  7   Sole Voting  3,100,840  8  Shared Voting Power  6,826,574  9  Sole Dispositive Power  3,100,840 10  Shared Dispositive Power  6,826,574  11   Aggregate Amount Beneficially Owned by Each Reporting Person  9,927,414  12  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares  13  Percent of Class Represented by Amount in Row (11)  20.61%  14  Type of Reporting Person  IN CUSIP No. 169905-10-6 13D Page 3 of 5 Item 1. Security and Issuer (a)