Form 4: Travel & Leisure Executive Sells Shares
Insider Transaction (Form 4)
Michael Dean Brown, See Remarks and a Director of Travel & Leisure Co., sold 200 shares of common stock on August 6, 2026 for $79.00 per share.
Summary
- Option exercise/conversion: acquired 200 Common Stock at $44.38 ($8,876) on August 6, 2026; holds 487,503 after (Direct).
- Open-market sale: disposed of 200 Common Stock at $79.00 ($15,800) on August 6, 2026; holds 487,303 after (Direct).
- Option exercise/conversion: disposed of 200 Stock Options (right to buy) on August 6, 2026; holds 19,976 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $15,800 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Michael Dean Brown — Director, Officer (See Remarks)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-06 | Option exercise/conversion | Common Stock | 200 | $44 | $8.9K | 487,503 |
| 2026-08-06 | Open-market sale | Common Stock | 200 | $79 | $15.8K | 487,303 |
| 2026-08-06 | Option exercise/conversion | Stock Options (right to buy) | 200 | — | — | 19,976 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-06 | Option exercise/conversion (200 shares) |
| 2026-08-06 | Open-market sale (200 shares) |
| 2026-08-06 | Option exercise/conversion (200 shares) |
Keywords
insider transaction, Form 4, TNL, Travel & Leisure Co., bearish, Michael Dean Brown
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