Form 4: Travel & Leisure Co. Director George Herrera Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director George Herrera reports acquisition of deferred stock units and updates to holdings of common stock and restricted stock units in Travel & Leisure Co.

Summary

  • On April 25, 2024, George Herrera acquired 436 shares of common stock as deferred stock units due to dividends.
  • On July 25, 2024, George Herrera acquired 479 shares of common stock as deferred stock units due to dividends.
  • These deferred stock units will be converted to common stock upon retirement or termination of service from the Board of Directors.
  • Herrera's holdings include 43,602 deferred stock units, 2,193 shares of common stock, and 6,352 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in stock ownership, with no inherent positive or negative sentiment.

Future Outlook

The deferred stock units will be converted to common stock upon the reporting person's retirement or termination of service from the Board of Directors.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company director, which is a common occurrence in publicly traded companies.

Stakeholder Impact

  • The change in ownership may have a minor impact on shareholders due to the increase in deferred stock units.

Key Dates

DateDescription
04/25/2024Acquisition of 436 shares of common stock as deferred stock units due to dividends.
07/25/2024Acquisition of 479 shares of common stock as deferred stock units due to dividends.
07/25/2024Date of signature by Attorney-in-Fact for George Herrera.

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