Form 4: Travel & Leisure Co. Director James E. Buckman Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director James E. Buckman reports acquisition of deferred stock units and updates on beneficial ownership of Travel & Leisure Co. stock.
Summary
- On February 20, 2025, James E. Buckman, a director of Travel & Leisure Co., reported changes in beneficial ownership.
- Buckman acquired 1,116 shares of common stock in the form of deferred stock units due to dividends.
- These deferred stock units will be converted to common stock upon Buckman's retirement or termination of service from the Board of Directors.
- Following the transaction, Buckman beneficially owns 113,717 shares, including previously reported deferred stock units, common stock, and restricted stock units.
- The report also mentions previously reported holdings of 6,998 shares of common stock and 6,352 restricted stock units.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard insider activity (acquisition of stock units via dividends) and continued investment by a director.
Positives
- The acquisition of deferred stock units through dividends indicates continued investment in the company by a director.
Future Outlook
The deferred stock units will convert to common stock upon the director's retirement or termination of service.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading and provide investors with information about the trading activities of company insiders.
Stakeholder Impact
- The report provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of transaction (acquisition of deferred stock units). |
| 02/24/2025 | Date of signature on the Form 4 filing. |
Keywords
beneficial ownership, Travel & Leisure Co., director, James E. Buckman, deferred stock units, Form 4, TNL, dividends
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.