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

Director George Herrera reports acquisition of deferred stock units and adjustments to previously reported holdings of Travel & Leisure Co. common stock and restricted stock units.

Summary

• On April 24, 2025, Director George Herrera reported changes in beneficial ownership of Travel & Leisure Co. securities.
• Herrera acquired 539 deferred stock units as dividends, each entitling him to one share of common stock upon retirement or termination of service from the Board of Directors.
• The report also includes adjustments to previously reported holdings, including 2,759 shares of common stock and 1,955 restricted stock units.
• Following the reported transactions, Herrera beneficially owns 45,051 shares, including previously reported deferred stock units.

Sentiment

Score: 5

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

Positives

• The acquisition of deferred stock units as dividends suggests continued alignment of the director's interests with the company's long-term performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in Director Herrera's holdings, which is typical for directors receiving stock-based compensation or adjusting their positions.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings of a company director.

Key Dates

Keywords

beneficial ownership, Form 4, Travel & Leisure Co., director, George Herrera, deferred stock units, dividends, common stock, restricted stock units