Form 4: Travel & Leisure Co. Executive Jeffrey Myers Reports Stock Transactions

Jeffrey Myers, Chief Sales and Marketing Officer at Travel & Leisure Co., reports acquisition and disposal of company stock related to vesting of restricted stock units and performance share units.

Summary

• On March 10, 2024, Jeffrey Myers acquired 43,021 shares of Travel & Leisure Co. common stock upon the vesting of previously-granted restricted stock units and performance share units at $0.
• Also on March 10, 2024, 14,093 shares of common stock were withheld at $45.24 to cover tax liabilities associated with the vesting of these units.
• Following these transactions, Myers directly owns 146,399.18 shares of common stock and 60,440 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The vesting of restricted stock units and performance share units suggests that the executive is meeting performance goals.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into executive compensation and stock ownership.

Key Dates