Bruce Bainum, the son of the founder of Choice International Hotels Inc., sold more than $9.58 million in company stock over the past five trading days, according to a Securities and Exchange Commission filing.

Banium, brother of Stewart Bainum Jr., the chairman of the board of directors for Choice Hotels, sold 103,000 shares in five transactions between Jan. 9 and Jan. 13, with prices ranging between $54.15 and $54.46.

The Jan. 13 Securities and Exchange Commission filing states Bainum still holds 2,024,985 shares worth approximately $110.16 million.

Choice Hotels International is one of the largest lodging companies in the world, with more than 6,400 hotels in over 40 countries. Choice owns hotel franchises including Quality, Comfort Suites, Comfort Inn, Cambria hotels & suites and Suburban.

Choice Hotels International shares closed on Jan. 13 at $54.40, down 5 cents, or 0.09 percent, for the day.

The SEC filing can be found here.