[144] Travel + Leisure Co. SEC Filing

Rhea-AI Filing Summary

Travel + Leisure Co. (TNL) – Form 144 notice of proposed insider sale. A filing dated 07/24/2025 discloses that an insider intends to sell up to 65,665 common shares through Merrill Lynch on the NYSE. Based on the reported price, the transaction is valued at $3.77 million. Total shares outstanding are 64.9 million, so the proposed sale represents roughly 0.10 % of the float.

• The shares derive from stock-option exercises on 03/07/2019 (27,839 shares) and 03/04/2020 (37,826 shares); settlement will be via cashless sale.
• The same filer sold 15,396 shares on 07/01/2025 for gross proceeds of $0.82 million.

No financial statements, earnings data or company guidance are included; Form 144 only signals the insider’s intent and must be filed if sales exceed Rule 144 thresholds. Investors typically monitor such filings for sentiment rather than fundamental impact because the size is immaterial to share count and does not affect company cash flows.

Insights

Securities Analyst

TL;DR: Small insider sale (0.1% of float); sentiment mildly negative, fundamentals unchanged.

The proposed disposal totals $3.8 M, following a $0.8 M sale earlier this month. While any insider selling can pressure sentiment, the volume is negligible relative to 64.9 M shares outstanding and does not dilute ownership. The shares originate from long-held options, suggesting routine diversification rather than strategic concern. Absent other disclosures, the filing has limited market impact and should not affect valuation models.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Merrill Lynch 194 Wood Ave S Iselin NJ 08830	65665	3772454.25	64920377	07/24/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/07/2019	Stock Options	Issuer			27839	07/25/2025	cashless sale
Common	03/04/2020	Stock Options	Issuer			37826	07/25/2025	cashless sale

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
James Savina 232 PARK LAKE ST UNIT 18 Orlando FL 32803	Common	07/01/2025	15396	824455.80

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)