Form 4: Travel & Leisure Co. Director Louise F. Brady Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Louise F. Brady reports acquisition of deferred stock units and disposal of restricted stock units in Travel & Leisure Co.
Summary
- On October 24, 2024, Louise F. Brady, a director of Travel & Leisure Co., reported changes in beneficial ownership of the company's stock.
- Brady acquired 717 shares of common stock in the form of deferred stock units due to dividends, at a price of $0.
- These deferred stock units will be converted to 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 66,806 shares of common stock, including previously reported deferred stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 10/24/2024 | Date of transaction: acquisition of deferred stock units and disposal of restricted stock units. |
| 10/28/2024 | Date of signature for the report. |
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