Form 4: Travel & Leisure Co. Director James E. Buckman Reports Changes in Beneficial Ownership

Director James E. Buckman reports acquisition of deferred stock units and accrued dividends, along with existing holdings of common stock and restricted stock units.

Summary

• On March 10, 2025, James E. Buckman, a director of Travel & Leisure Co., reported changes in beneficial ownership of the company's stock.
• Buckman acquired 1,787 shares of common stock through deferred stock units and accrued dividends issued on vesting of previously-granted restricted stock units.
• The reporting person directly owns 120,567 shares of common stock following the reported transaction.
• The report also mentions previously reported holdings of 6,998 shares of common stock and 4,714 restricted stock units.

Sentiment

Score: 6

Explanation: The document is a standard SEC filing detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider transactions.

Positives

• The acquisition of deferred stock units and accrued dividends indicates continued alignment of the director's interests with the company's performance.

Future Outlook

The deferred stock units entitle the reporting person to receive one share of common stock following the reporting person's retirement or termination of service from the Board of Directors.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The change in beneficial ownership may be of interest to shareholders as it reflects the director's stake in the company.

Key Dates