[144] Travel + Leisure Co. SEC Filing

Rhea-AI Filing Summary

Travel + Leisure Co. (TNL) – Form 144 filing. An unidentified insider has notified the SEC of a planned sale of 124,454 common shares through Merrill Lynch on or about 25 Jul 2025 on the NYSE. The shares have an estimated aggregate market value of $7.78 million, based on the price prevailing when the notice was prepared. TNL has 64.92 million shares outstanding; the proposed sale therefore represents roughly 0.2 % of total shares.

The shares were acquired via the exercise of non-qualified stock options on 7 Mar 2019 and 4 Mar 2020 (55,679 and 68,775 shares, respectively). No other sales by the filer have occurred during the past three months. By signing the notice, the seller certifies possession of no undisclosed material adverse information.

Form 144 is only a notice of intent; the transaction may or may not occur, and actual sale volume, timing, and price can differ.

Positive

• None.

Negative

• Insider selling of 124,454 shares may be viewed as a modestly negative sentiment signal.

Insights

Equity Analyst

TL;DR: Insider plans to sell 0.2 % of TNL; modest size, slightly negative signal.

The planned $7.8 mm sale is relatively small versus TNL’s float and unlikely to exert significant technical pressure. However, insider disposals—particularly those following option exercises—can be interpreted as reduced confidence in near-term upside or simply routine diversification. Lack of prior 3-month sales and the use of a single broker suggest a one-off liquidation rather than a structured program. Overall impact is mildly negative for sentiment but not fundamentally material.

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 South Iselin NJ 08830	124454	7784597.70	64920377	07/25/2025	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	Exercise of Non Qualified Stock Options	Geoffrey Richards			55679	07/25/2025	Exercise of Non Qualified Stock Options
Common	03/04/2020	Exercise of Non Qualified Stock Options	Geoffrey Richards			68775	07/25/2025	Exercise of Non Qualified Stock Options

* 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

Nothing to Report

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)

FAQ

How many Travel + Leisure (TNL) shares are being registered for sale?

The Form 144 covers 124,454 common shares.

What is the estimated market value of the planned TNL share sale?

The filing lists an aggregate value of approximately $7.78 million.

When could the Travel + Leisure insider sell these shares?

The filer indicated an approximate sale date of 25 July 2025.

What percentage of TNL’s outstanding shares does the sale represent?

Roughly 0.2 % of the 64.92 million shares outstanding.

How were the shares acquired before this Form 144 notice?

They were obtained via non-qualified stock option exercises on 7 Mar 2019 and 4 Mar 2020.