RHP Ryman Hospitality Properties, Inc.

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in only 0/4 quarters. Q3 2016: $0M, Q3 2017: $0M, Q2 2016: $0M, Q2 2017: $0M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

No buyback activity

What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.

Negative FCF ($-137M), cannot compute buyback ratio

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 9,200,000 shares = 15.4% of 59,903,000 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

2 open-market purchases by 1 insiders

• REED COLIN V (Exec. Chairman of the Board) bought 7,800 shares at $100.67 on 2026-02-27
• REED COLIN V (Exec. Chairman of the Board) bought 8,993 shares at $92.16 on 2025-11-07

Are insider purchases happening during the same quarters the company is actively buying back stock?

Insider buying coincided with company buybacks in 0 of 4 quarters

Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $2M, sold $0M (net buying)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

No buyback-insider divergence detected