Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * BAINUM BRUCE 2. Issuer Name and Ticker or Trading Symbol CHOICE HOTELS INTERNATIONAL INC /DE [CHH] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 8171 MAPLE LAWN BLVD, SUITE 375 3. Date of Earliest Transaction (Month/Day/Year) 11/30/2024 (Street) FULTON, MD 20759 4. If Amendment, Date Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 05/14/2024 G V 85,500 D $118.69 2,376,760 I See Footnote(1) Common Stock 05/20/2024 J V 130,814 A $ 0 2,507,574 I See Footnote(2) Common Stock 08/26/2024 J V 215,841 A $ 0 2,723,415 I See Footnote(3) Common Stock 11/20/2024 J V 5,000 A $ 0 2,728,415 I See Footnote(4) Common Stock 11/20/2024 J V 5,000 D $ 0 0 I See Footnote(4) Common Stock 05/20/2024 J V 130,814 D $ 0 0 I See Footnote(2) Common Stock 11/30/2024 S 331,983 D $ 0 590,112 I See Footnote(5) Common Stock 194,800 I See Footnote(6) Common Stock 6,595 I See Footnote(7) Common Stock 08/26/2024 J V 221,247 D $ 0 0 I See Footnote(3)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)	6. Date Exercisable and Expiration Date (Month/Day/Year)	7. Title and Amount of Underlying Securities (Instr. 3 and 4)	8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Director	10% Owner	Officer	Other
BAINUM BRUCE 8171 MAPLE LAWN BLVD SUITE 375 FULTON, MD 20759		X

Signatures

Christine A. Shreve, POA	12/02/2024
**Signature of Reporting Person	Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Shares owned by the Bruce Bainum Declaration of Trust ("Bruce Trust") for which Dr. Bainum is the sole trustee and current beneficiary. Shares were gifted.
(2)	Shares owned by the Bruce Trust for which Dr. Bainum is the sole trustee and current beneficiary. Shares were distributed from Mid Pines Associates, LP as a result of the dissolution and liquidation of the Partnership.
(3)	Shares owned by the Bruce Trust for which Dr. Bainum is the sole trustee and current beneficiary. Shares were distributed from a Grantor Retained Annuity Trust to Dr. Bainum and a trust for his descendants.
(4)	Shares owned by the Bruce Trust for which Dr. Bainum is the sole trustee and current beneficiary. Shares were distributed from Posadas Holdings, LLC, a family investment entity in which Dr. Bainum shares voting authority.
(5)	The proportionate interest of the Bruce Bainum Declaration of Trust ("Bruce Trust") in shares (6,821,574) owned by White Oak Legacy, Inc. ("White Oak Legacy") , an investment company in which Dr. Bainum is a noncontrolling shareholder and shares voting authority. White Oak Legacy owns Choice stock as well as other assets and liabilities. Dr. Bainum sold a portion of his stock in White Oak Legacy to trusts for the benefit of his descendants for $36.2M.
(6)	The proportionate interest of shares owned by White Oak Legacy, Inc (6,821,574) of individual trusts for the benefit of Dr. Bainum's adult children for which Dr. Bainum is the trustee. Beneficial ownership is disclaimed.
(7)	Shares owned by a trust for the benefit of Dr. Bainum's descendants for which Dr. Bainum is trustee. Beneficial ownership is disclaimed.

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