Form 4: Travel & Leisure Co. Director Stephen P. Holmes Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Stephen P. Holmes reports acquisition of deferred stock units and updates to holdings of common stock and restricted stock units in Travel & Leisure Co.
Summary
- On October 24, 2024, Stephen P. Holmes, a director of Travel & Leisure Co., reported changes in beneficial ownership of the company's securities.
- Holmes acquired 386 shares of common stock through deferred stock units issued for dividends at a price of $0.
- Following the transaction, Holmes directly owns 35,982 shares of common stock, including previously reported deferred stock units.
- Holmes also directly owns 6,352 restricted stock units and 361,947 shares of common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock ownership changes. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Positives
- The acquisition of deferred stock units indicates continued alignment of the director's interests with those of the shareholders.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.
Key Dates
| Date | Description |
|---|---|
| 10/24/2024 | Date of transaction: Acquisition of deferred stock units. |
| 10/28/2024 | Date of report signature. |
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