Form 4: Travel & Leisure Co. Executive Jeffrey Myers Reports Stock Transactions
SEC Form 4 Filing
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, 2025, Jeffrey Myers acquired 49,734 shares of Travel & Leisure Co. common stock upon the vesting of restricted stock units and performance share units.
- Simultaneously, 17,510 shares were withheld to cover tax liabilities associated with the vesting.
- The transactions resulted in Myers holding 178,623.18 shares of common stock and 128,888 restricted stock units following the reported transactions.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect changes in insider ownership due to compensation-related stock vesting.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of stock acquisition and disposal due to vesting of restricted stock units and performance share units. |
| 03/12/2025 | Date of signature by Attorney-in-Fact for Jeffrey Myers. |
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