CHH - Chief Development Officer at Choice Hotels Intl Exercises Options Worth $1.97M | Benzinga
David Pepper, Chief Development Officer at Choice Hotels Intl (NYSE:CHH), reported a large exercise of company stock options on October 11, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Pepper, Chief Development Officer at Choice Hotels Intl, a company in the Consumer Discretionary sector, just exercised stock options worth 15,909 shares of CHH stock with an exercise price of $60.5.
Choice Hotels Intl shares are trading down 0.0% at $124.05 at the time of this writing on Wednesday morning. Since the current price is $124.05, this makes Pepper's 15,909 shares worth $1,973,511.