Form 4: Travel & Leisure Co. Director Michael H. Wargotz Reports Changes in Beneficial Ownership

Director Michael H. Wargotz reports acquisition of deferred stock units and holdings of common stock and restricted stock units in Travel & Leisure Co.

Summary

• On April 24, 2025, Michael H. Wargotz, a director of Travel & Leisure Co., reported changes in his beneficial ownership of the company's securities.
• He acquired 1,476 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.
• Wargotz's direct holdings include 125,722 shares of common stock, 722 shares of common stock, and 1,955 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment, but rather reports factual changes in stock ownership.

Future Outlook

The deferred stock units will be converted to common stock upon the director's retirement or termination of service.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of company directors.

Stakeholder Impact

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

Key Dates

Keywords

beneficial ownership, Form 4, Travel & Leisure Co., director, stock units, common stock, restricted stock units, dividends, TNL, Wargotz