Form 4: Travel & Leisure Co. Director Louise F. Brady Reports Changes in Beneficial Ownership

Director Louise F. Brady reports acquisition of deferred stock units and disposition of restricted stock units in Travel & Leisure Co.

Summary

• On February 20, 2025, Louise F. Brady, a director of Travel & Leisure Co., reported changes in beneficial ownership of the company's stock.
• Brady acquired 662 shares of common stock in the form of deferred stock units due to dividends.
• These deferred stock units will be converted into common stock upon Brady's retirement or termination of service from the Board of Directors.
• Brady also disposed of 6,352 restricted stock units.
• Following these transactions, Brady beneficially owns 67,468 shares of common stock, including previously reported deferred stock units.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company leadership.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It has a minimal impact on employees, customers, suppliers, and creditors.

Key Dates

Keywords

beneficial ownership, Form 4, Travel & Leisure Co., director, stock units, Louise F. Brady, TNL, deferred stock units, restricted stock units, dividends