Form 4: Travel & Leisure Co. Director Ronald L. Rickles Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Ronald L. Rickles reports acquisition and disposal of Travel & Leisure Co. stock and deferred stock units.
Summary
- On April 24, 2025, Ronald L. Rickles, a director of Travel & Leisure Co., reported changes in his beneficial ownership of the company's stock.
- He acquired 531 shares of common stock through deferred stock units issued for dividends at a price of $0.
- Rickles also disposed of 1,955 common stock units.
- Following these transactions, Rickles beneficially owns 46,731 shares, including previously reported deferred stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which is neutral in sentiment.
Future Outlook
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.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the holdings of a director at Travel & Leisure Co., which is relevant to investors monitoring insider activity.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a company director.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Date of the reported transactions (acquisition and disposal of stock). |
| 04/28/2025 | Date of signature by Attorney-in-Fact for Ronald L. Rickles. |
Keywords
beneficial ownership, Form 4, Travel & Leisure Co., director, stock, deferred stock units, dividends, TNL, Ronald L. Rickles
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