Form 4: Travel & Leisure Co. Director Stephen Holmes Reports Stock Transactions
SEC Form 4 Filing
Director Stephen Holmes reports acquisition of deferred stock units and holdings of common stock and restricted stock units in Travel & Leisure Co.
Summary
- On February 20, 2025, Stephen P. Holmes, a director of Travel & Leisure Co., reported transactions involving the company's stock.
- Holmes acquired 357 deferred stock units due to dividends.
- These deferred stock units entitle Holmes to one share of common stock each upon retirement or termination of service from the Board of Directors.
- Following the reported transactions, Holmes beneficially owns 36,339 deferred stock units, 361,947 shares of common stock, and 6,352 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
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 stock transactions by a company insider, which is a common practice for publicly traded companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of stock transaction (acquisition of deferred stock units). |
| 02/24/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Travel & Leisure Co., Director, Stephen Holmes, Stock Transactions, Deferred Stock Units, Common Stock, Restricted Stock Units, Beneficial Ownership
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