Form 4: Travel & Leisure Co. Executive Jeffrey Myers Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jeffrey Myers, Chief Sales and Marketing Officer at Travel & Leisure Co., reports acquisition and disposal of common stock due to vesting of restricted stock units and tax liability fulfillment.
Summary
- On March 15, 2025, Jeffrey Myers, Chief Sales and Marketing Officer at Travel & Leisure Co., reported changes in beneficial ownership of the company's common stock.
- Myers acquired 13,277 shares of common stock upon the vesting of previously-granted restricted stock units.
- He also disposed of 5,225 shares to cover the tax liability associated with the vesting of these restricted stock units at a price of $47.98 per share.
- Following these transactions, Myers directly owns 186,675.18 shares of common stock and 115,611 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by an executive. It doesn't convey any particularly positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure related to executive compensation and does not suggest any specific trend in the Travel & Leisure industry.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of transaction: acquisition of stock and disposal of stock for tax liability. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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