Form 4: Travel & Leisure Co. Director George Herrera Sells Shares
SEC Form 4
Director George Herrera sold 2,193 shares of Travel & Leisure Co. stock at a price of $42.48 on September 17, 2024.
Summary
- On September 17, 2024, George Herrera, a director of Travel & Leisure Co., sold 2,193 shares of common stock.
- The sale price was $42.48 per share.
- Following the transaction, Herrera directly owns 0 shares of common stock.
- Herrera also beneficially owns 43,602 deferred stock units and 6,352 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale by a director may be scrutinized by investors, although it doesn't necessarily indicate a negative outlook for the company.
Stakeholder Impact
- The sale of shares by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 09/17/2024 | Date of the transaction: sale of 2,193 shares of common stock. |
| 09/18/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.