Form 4: Travel & Leisure Co. CFO Erik Hoag Reports Acquisition of 83,064 Shares of Common Stock

Erik Hoag, CFO of Travel & Leisure Co., reports acquiring 83,064 shares of common stock on May 20, 2025, through the vesting of restricted stock units.

Summary

• On May 20, 2025, Erik D. Hoag, the Chief Financial Officer of Travel & Leisure Co., acquired 83,064 shares of common stock.
• This acquisition was a result of the vesting of restricted stock units granted on March 20, 2025, under the company's Equity and Incentive Plan.
• 37,756 of these units vest in four equal installments on each of the first four anniversaries of March 25, 2025.
• The remaining 45,308 units vest in three equal installments on each of the first three anniversaries of March 25, 2025.
• Vesting is contingent upon Hoag's continuous employment with the company.
• Hoag now directly owns 83,064 shares of Travel & Leisure Co. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard executive compensation practice. The acquisition of shares by the CFO is generally a positive sign, but it's part of a pre-arranged plan.

Positives

• The vesting of restricted stock units aligns the CFO's interests with those of the shareholders, incentivizing him to work towards the company's long-term success.

Industry Context

This filing is a routine disclosure related to executive compensation and is common among publicly traded companies.

Stakeholder Impact

• The acquisition of shares by the CFO could be viewed positively by shareholders as it aligns his interests with theirs.

Key Dates

Keywords

Travel & Leisure Co., Erik Hoag, CFO, Form 4, Stock Acquisition, Restricted Stock Units, Equity and Incentive Plan, Beneficial Ownership