Form 4: Travel & Leisure Co. Executive Michael Dean Brown Reports Stock Transactions
SEC Form 4 Filing
Michael Dean Brown, President & CEO of Travel & Leisure Co., reports acquisition and disposal of common stock related to vesting of restricted stock units.
Summary
- On March 15, 2025, Michael Dean Brown, President & CEO of Travel & Leisure Co., acquired 29,044 shares of common stock upon vesting of restricted stock units.
- On the same day, 11,429 shares were withheld to cover tax liabilities related to the vesting at a price of $47.98 per share.
- Following these transactions, Brown directly owns 426,321 shares of common stock and 256,490 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the executive's holdings.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Acquisition of 29,044 shares of common stock upon vesting of restricted stock units and withholding of 11,429 shares for tax liability. |
| 03/18/2025 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.