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

Sentiment:

SEC Form 4 Filing


Director James E. Buckman reports acquisition of deferred stock units and adjustments to holdings of common stock and restricted stock units in Travel & Leisure Co.

Summary

  • On April 24, 2025, James E. Buckman, a director of Travel & Leisure Co., reported changes in his beneficial ownership of the company's securities.
  • He acquired 1,465 deferred stock units due to dividends.
  • These deferred stock units entitle him to one share of common stock each upon retirement or termination of service from the Board of Directors.
  • Buckman's total beneficially owned common stock following the reported transactions is 124,891 shares, which includes previously reported deferred stock units.
  • The report also mentions previously reported holdings of 6,998 shares of common stock and 1,955 restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine filing; sentiment is neutral as it simply reports changes in ownership.

Positives

  • The acquisition of deferred stock units through dividends suggests a continued investment in the company's future by the director.

Future Outlook

The deferred stock units will convert to common stock upon the director's retirement or termination of service from the Board of Directors.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their ownership, providing transparency to investors.

Stakeholder Impact

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

Key Dates

DateDescription
04/24/2025Date of the reported transaction.
04/28/2025Date of signature on the report.

Keywords

beneficial ownership, Travel & Leisure Co., director, James E. Buckman, deferred stock units, common stock, restricted stock units, dividends, TNL

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