Form 4: Travel & Leisure Co. Director Stephen Holmes Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Stephen Holmes reports acquisition and disposal of Travel & Leisure Co. stock and deferred stock units.
Summary
- On March 5, 2025, Stephen P. Holmes, a director of Travel & Leisure Co., reported changes in beneficial ownership of the company's stock.
- Holmes acquired 5,383 shares of common stock and disposed of 6,352 shares.
- These transactions involved deferred stock units issued for retainer fees and annual equity grants, as well as previously reported restricted stock units and shares of common stock.
- Following the reported transactions, Holmes beneficially owns 41,722 deferred stock units, 361,947 shares of common stock, and an unspecified amount of restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director, indicating a neutral sentiment.
Future Outlook
Each deferred stock unit entitles the reporting person to receive one share of common stock following the reporting person's retirement or termination of service from the Board of Directors.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of the reported transactions (acquisition and disposal of stock). |
| 03/07/2025 | Date of signature on the Form 4 filing. |
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