REED COLIN V 4
4 · Ryman Hospitality Properties, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Ryman Hospitality (RHP) Exec Chairman Colin Reed Receives 28,409 Shares
What Happened
Colin V. Reed, Executive Chairman of Ryman Hospitality Properties (RHP), had restricted stock units and performance shares vest on March 15, 2026. The filing shows 28,409 shares were issued via conversion of derivative awards (Form 4 code M) at $0.00 (no cash exercise price). To satisfy tax withholding obligations (code F), 11,181 of those shares were withheld, so Mr. Reed received a net 17,228 shares. The transactions were reported on a Form 4 filed March 16, 2026.
Key Details
- Transaction date: March 15, 2026; Form 4 filed March 16, 2026 (timely filing).
- Gross shares issued on vesting: 28,409 (comprised of multiple time‑based RSU grants and performance‑based RSUs).
- Shares withheld for tax withholding: 11,181; Net shares delivered to Reed: 17,228.
- Reported price per share on the filing: $0.00 (these were conversions/vests, not open‑market purchases).
- Notable footnotes: F1 notes 738,251 shares credited to Mr. Reed’s SERP account (economic equivalent of common shares payable in stock upon termination). Footnotes F2–F6 detail the per‑grant withholding and retained shares for each award.
- Transaction codes: M = conversion/exercise of derivative (vesting of RSUs/PSUs); F = shares withheld to satisfy tax withholding.
- Filing timeliness: filed the next day (appears timely under Form 4 rules).
Context
These were award vesting and tax‑withholding transactions, not open‑market buys or sales. Conversions of RSUs/PSUs at $0 reflect issuance upon vesting; withholding of shares to cover taxes is routine and common. Such transactions are informational and do not by themselves indicate a change in an insider’s market view.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-03-15+5,355→ 901,165 total - Tax Payment
Common Stock
[F2][F1]2026-03-15−2,108→ 899,057 total - Exercise/Conversion
Common Stock
[F1]2026-03-15+2,922→ 901,979 total - Tax Payment
Common Stock
[F3][F1]2026-03-15−1,150→ 900,829 total - Exercise/Conversion
Common Stock
[F1]2026-03-15+1,725→ 902,554 total - Tax Payment
Common Stock
[F4][F1]2026-03-15−679→ 901,875 total - Exercise/Conversion
Common Stock
[F1]2026-03-15+1,998→ 903,873 total - Tax Payment
Common Stock
[F5][F1]2026-03-15−787→ 903,086 total - Exercise/Conversion
Common Stock
[F1]2026-03-15+16,409→ 919,495 total - Tax Payment
Common Stock
[F6][F1]2026-03-15−6,457→ 913,038 total - Exercise/Conversion
Restricted Stock Units
2026-03-15−5,355→ 0 totalExercise: $0.00From: 2026-03-15Exp: 2026-03-15→ Common Stock (5,355 underlying) - Exercise/Conversion
Restricted Stock Units
2026-03-15−2,922→ 2,926 totalExercise: $0.00From: 2026-03-15Exp: 2027-03-15→ Common Stock (2,922 underlying) - Exercise/Conversion
Restricted Stock Units
2026-03-15−1,725→ 3,453 totalExercise: $0.00From: 2026-03-15Exp: 2028-03-15→ Common Stock (1,725 underlying) - Exercise/Conversion
Restricted Stock Units
2026-03-15−1,998→ 5,994 totalExercise: $0.00From: 2026-03-15Exp: 2029-03-15→ Common Stock (1,998 underlying) - Exercise/Conversion
Restricted Stock Units
2026-03-15−16,409→ 0 totalExercise: $0.00From: 2026-03-15Exp: 2026-03-15→ Common Stock (16,409 underlying)
- 23(indirect: By Trust)
Common Stock
- 770(indirect: By Trust)
Common Stock
- 185,000(indirect: By LLC)
Common Stock
- 40,000(indirect: By LLC)
Common Stock
- 58,171(indirect: By LLC)
Common Stock
- 265,325(indirect: By LLC)
Common Stock
Footnotes (6)
- [F1]Includes 738,251 shares credited to Mr. Reed's SERP account, each of which is the economic equivalent of one share of common stock and payable solely in shares of common stock following termination of employment.
- [F2]Represents shares withheld to satisfy Mr. Reed's tax withholding obligation with respect to 5,355 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. Reed retained the remaining 3,247 shares.
- [F3]Represents shares withheld to satisfy Mr. Reed's tax withholding obligation with respect to 2,922 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. Reed retained the remaining 1,772 shares.
- [F4]Represents shares withheld to satisfy Mr. Reed's tax withholding obligation with respect to 1,725 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. Reed retained the remaining 1,046 shares.
- [F5]Represents shares withheld to satisfy Mr. Reed's tax withholding obligation with respect to 1,998 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. Reed retained the remaining 1,211 shares.
- [F6]Represents shares withheld to satisfy Mr. Reed's tax withholding obligation with respect to 16,409 shares of common stock issued upon the vesting of performance based restricted stock units on March 15, 2026. Mr. Reed retained the remaining 9,952 shares.