Chaffin Patrick S 4
4 · Ryman Hospitality Properties, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Ryman (RHP) EVP Patrick Chaffin Receives Stock Award
What Happened
- Patrick S. Chaffin, EVP & COO of Ryman Hospitality Properties (RHP), had restricted stock units convert into a total of 8,834 shares on March 15, 2026 (reported on Form 4 filed 2026-03-16). No cash was paid for these conversions (report shows $0.00 per share).
- Of the 8,834 shares issued upon vesting, 3,479 shares were withheld to satisfy tax withholding obligations, leaving Mr. Chaffin with 5,355 net shares. The awards included both time-based RSUs and performance-based RSUs.
Key Details
- Transaction date: March 15, 2026; Form 4 filed March 16, 2026 (timely — within the normal two-business-day window).
- Reported entries: conversions/exercises of derivatives (code M) for 887, 921, 827, 944 and 5,255 shares (total 8,834); tax-withholding dispositions (code F) of 350, 363, 326, 372 and 2,068 shares (total 3,479).
- Net shares retained by Mr. Chaffin after withholding: 5,355 (breakdowns per footnotes: retained 537, 558, 501, 572, and 3,187 respectively).
- These were vesting/award conversions (not open-market purchases or sales); the withheld shares reflect tax withholding rather than a market sale.
Context
- This was not a buy or a disposition for investment purposes but a routine vesting and conversion of restricted stock units (including dividend equivalents and performance-based units). Such transactions are common for executives and do not by themselves indicate a change in insider sentiment.
- "M" in the filing denotes exercise/conversion of a derivative (here, RSU/PSU vesting); "F" denotes shares withheld to cover tax obligations (a cashless withholding).
Insider Transaction Report
Form 4
Chaffin Patrick S
EVP & COO
Transactions
- Exercise/Conversion
Common Stock
2026-03-15+887→ 29,109 total - Tax Payment
Common Stock
[F1]2026-03-15−350→ 28,759 total - Exercise/Conversion
Common Stock
2026-03-15+921→ 29,680 total - Tax Payment
Common Stock
[F2]2026-03-15−363→ 29,317 total - Exercise/Conversion
Common Stock
2026-03-15+827→ 30,144 total - Tax Payment
Common Stock
[F3]2026-03-15−326→ 29,818 total - Exercise/Conversion
Common Stock
2026-03-15+944→ 30,762 total - Tax Payment
Common Stock
[F4]2026-03-15−372→ 30,390 total - Exercise/Conversion
Common Stock
2026-03-15+5,255→ 35,645 total - Tax Payment
Common Stock
[F5]2025-03-15−2,068→ 33,577 total - Exercise/Conversion
Restricted Stock Units
2026-03-15−887→ 0 totalExercise: $0.00From: 2026-03-15Exp: 2026-03-15→ Common Stock (887 underlying) - Exercise/Conversion
Restricted Stock Units
2026-03-15−921→ 925 totalExercise: $0.00From: 2026-03-15Exp: 2027-03-15→ Common Stock (921 underlying) - Exercise/Conversion
Restricted Stock Units
2026-03-15−827→ 1,653 totalExercise: $0.00From: 2026-03-15Exp: 2028-03-15→ Common Stock (827 underlying) - Exercise/Conversion
Restricted Stock Units
2026-03-15−944→ 2,833 totalExercise: $0.00From: 2026-03-15Exp: 2029-03-15→ Common Stock (944 underlying) - Exercise/Conversion
Restricted Stock Units
2026-03-15−5,255→ 0 totalExercise: $0.00From: 2026-03-15Exp: 2026-03-15→ Common Stock (5,255 underlying)
Footnotes (5)
- [F1]Represents shares withheld to satisfy Mr. Chaffins tax withholding obligation with respect to 887 shares of common stock issued upon the vesting of time based restricted stock units (including accrued dividend equivalent units payable in additional shares of stock) on March 15, 2026. Mr. Chaffin retained the remaining 537 shares.
- [F2]Represents shares withheld to satisfy Mr. Chaffin's tax withholding obligation with respect to 921 shares of common stock issued upon the vesting of time based restricted stock units (including accrued dividend equivalent units payable in additional shares of stock) on March 15, 2026. Mr. Chaffin retained the remaining 558 shares.
- [F3]Represents shares withheld to satisfy Mr. Chaffin's tax withholding obligation with respect to 827 shares of common stock issued upon the vesting of time based restricted stock units (including accrued dividend equivalent units payable in additional shares of stock) on March 15, 2026. Mr. Chaffin retained the remaining 501 shares.
- [F4]Represents shares withheld to satisfy Mr. Chaffin's tax withholding obligation with respect to 944 shares of common stock issued upon the vesting of time based restricted stock units (including accrued dividend equivalent units payable in additional shares of stock) on March 15, 2026. Mr. Chaffin retained the remaining 572 shares.
- [F5]Represents shares withheld to satisfy Mr. Chaffin's tax withholding obligation with respect to 5,255 shares of common stock issued upon the vesting of performance based restricted stock units on March 15, 2026. Mr. Chaffin retained the remaining 3,187 shares.
Signature
Scott J. Lynn, Attorney-in-Fact for Patrick Chaffin|2026-03-16