Choice Hotels Interim CEO Dominic Dragisich sold 22,621 common shares in an open-market transaction on May 26, 2026, for approximately $2.58 million, just six days after being appointed to the role. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted in February 2026, before Dragisich became interim CEO, and followed the exercise of 12,796 stock options. His direct holdings declined from 104,000 to 81,607 shares, representing 0.18% of outstanding shares. The transaction size exceeded all prior sales by Dragisich since July 2023 except for two earlier dispositions. Choice Hotels reported record first-quarter revenue of $340.6 million but saw net income drop to $20.3 million from $44.5 million a year earlier.
Choice Hotels International IncInterim CEO sold $2.6M in shares shortly after appointment, signaling potential lack of confidence.