Form 4: Travel & Leisure Co. Director Lucinda Martinez Reports Changes in Beneficial Ownership

Director Lucinda Martinez reports changes in beneficial ownership of Travel & Leisure Co. stock, including acquisitions of deferred stock units and holdings of restricted stock units and common stock.

Summary

• Lucinda Martinez, a director of Travel & Leisure Co., filed a Form 4 detailing changes in her beneficial ownership of the company's securities.
• The report indicates the acquisition of 3 deferred stock units due to dividends, priced at $0.
• Martinez's holdings include 7,404 restricted stock units and 11,109 shares of common stock.
• The deferred stock units entitle the reporting person to receive one share of common stock following retirement or termination of service from the Board of Directors.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

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

Key Dates