SCHEDULE 13G/A 0001017918-08-000033 0001017918 XXXXXXXX LIVE 19 Common Stock 12/31/2025 0001046311 Choice Hotels International, Inc. 169905106 915 Meeting Street Suite 600 North Bethesda MD 20852 Rule 13d-1(b) BAMCO INC /NY/ b NY 0.00 6691917 0.00 6786485 6786485 14.67 IA CO Baron Capital Group, Inc. b NY 20000 7325507 20000 7420075 7440075 16.04 HC CO Baron Capital Management, Inc. b NY 20000 633590 20000 633590 653590 1.41 IA CO Ronald Baron b X1 53500 7325507 53500 7420075 7473575 16.15 HC IN Baron Growth Fund b MA 0.00 3000000.00 0.00 3000000.00 3000000.00 6.48 IV Choice Hotels International, Inc. 915 Meeting Street, Suite 600, North Bethesda, MD 20852 Baron Capital Group, Inc. ("BCG"), BAMCO, Inc. ("BAMCO"), Baron Capital Management, Inc. ("BCM"), Ronald Baron, Baron Growth Fund ("BGF") 767 Fifth Avenue, 49th Floor, New York, NY 10153 BCG, BAMCO, and BCM are New York corporations. BGF is a series of a Massachusetts business trust. Ronald Baron is a citizen of the United States. N IV IA HC 7,473,575 16.15 53,500 7,325,507 53,500 7,420,075 Y N The advisory clients of BAMCO and BCM have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Issuer's common stock in their accounts.To the best of the Filing Persons' knowledge, no such person has such interest relating to more than 5% of the outstanding class of securities. N BAMCO and BCM are subsidiaries of BCG. BGF is an advisory client of BAMCO. Ronald Baron owns a controlling interest in BCG. N See Item 3. Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. BAMCO INC /NY/ /s/ Ronald Baron 01/07/2026 Baron Capital Group, Inc. /s/ Ronald Baron 01/07/2026 Baron Capital Management, Inc. /s/ Ronald Baron 01/07/2026 Ronald Baron /s/ Ronald Baron 01/07/2026 Baron Growth Fund /s/ Ronald Baron 01/07/2026