Patrick Pacious, the President and CEO of Choice Hotels International Inc . (NYSE:), recently executed a series of stock transactions, according to a Form 4 filing with the Securities and Exchange Commission. On November 4, Pacious sold a total of 10,960 shares of Choice Hotels’ common stock. These sales were conducted at prices ranging from $144.65 to $149.07 per share, amounting to a total value of approximately $1.6 million.
In addition to the sales, Pacious also acquired 10,960 shares through the exercise of employee stock options at a price of $81.55 per share. Following these transactions, Pacious holds 404,666 shares of the company directly.
These transactions were carried out under a pre-established 10b5-1 trading plan, which…
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