Form 4: Travel & Leisure Co. Director Ronald L. Rickles Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Ronald L. Rickles reports changes in beneficial ownership of Travel & Leisure Co. stock, including acquisitions of deferred stock units and adjustments to holdings of common stock and restricted stock units.
Summary
- On October 24, 2024, Ronald L. Rickles, a director of Travel & Leisure Co., reported changes in his beneficial ownership of the company's securities.
- He acquired 391 deferred stock units due to dividends, at a price of $0.
- These deferred stock units will be converted into common stock upon his retirement or termination of service from the Board of Directors.
- Rickles also reported holdings of 36,426 shares of common stock and 6,352 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It simply reports changes in stock ownership by a company director and doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It doesn't necessarily reflect a broader trend in the travel and leisure industry.
Stakeholder Impact
- The change in beneficial ownership may have a minor impact on shareholders, as it reflects insider activity.
- The impact on employees, customers, suppliers, and creditors is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 10/24/2024 | Date of the transaction involving the acquisition of deferred stock units and adjustments to common stock and restricted stock units. |
| 10/28/2024 | Date of signature for the Form 4 filing. |
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