Travel & Leisure (NYSE: TNL) officer gets stock grant with tax withholding

Rhea-AI Filing Summary

Travel & Leisure Co. officer Savina James J reported stock-based compensation rather than open-market trading. She acquired 7,468 shares of common stock at $0.00 per share through the vesting of previously granted restricted stock units. To cover taxes on this vesting, 2,939 shares were withheld at $68.53 per share, a non-market disposition. After these transactions, she directly owned 46,980 shares of common stock, including previously reported shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Savina James J

(Last) (First) (Middle)

C/O TRAVEL + LEISURE CO

501 WEST CHURCH STREET

(Street)

ORLANDO FL 32805

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Travel & Leisure Co. [ TNL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/15/2026		A		7,468(1)	A	$0	34,535(2)	D
Common Stock	03/15/2026		F		2,939(3)	D	$68.53	31,596(2)	D
Common Stock								46,980(4)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Common stock acquired on vesting of previously granted restricted stock units.

2. Includes previously reported shares of common stock.

3. Common stock withheld as payment toward the tax liability incident to the vesting of restricted stock units granted in accordance with Rule 16b-3 and delivery of shares in respect thereof.

4. Previously reported restricted stock units.

Remarks:

General Counsel and Corporate Secretary

	/s/ Jeff Zanotti as Attorney-in-Fact for James Savina	03/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Travel & Leisure Co. (TNL) report for Savina James J?

Savina James J reported a grant of 7,468 common shares from vesting restricted stock units and a withholding of 2,939 shares to cover taxes. These are compensation and tax events, not open-market trades.

Was the Travel & Leisure Co. (TNL) Form 4 a stock purchase or sale?

The Form 4 shows a stock award and tax withholding, not an open-market purchase or sale. Shares were acquired through vesting restricted stock units and some were withheld to pay related tax liabilities.

How many Travel & Leisure Co. (TNL) shares did Savina James J receive in the award?

She received 7,468 shares of common stock at $0.00 per share, reflecting the vesting of previously granted restricted stock units. This represents equity compensation rather than a cash-funded stock purchase.

How many Travel & Leisure Co. (TNL) shares were withheld for taxes in this filing?

A total of 2,939 shares of common stock were withheld at $68.53 per share to pay tax liabilities from the restricted stock unit vesting. This is recorded as a disposition but not a market sale.

What are Savina James J’s Travel & Leisure Co. (TNL) holdings after these transactions?

Following the reported grant and tax withholding, Savina James J directly owned 46,980 shares of Travel & Leisure Co. common stock. This figure includes previously reported holdings alongside the newly vested shares.

What do the footnotes in the Travel & Leisure Co. (TNL) Form 4 explain?

The footnotes state that shares were acquired on vesting of restricted stock units and that some were withheld to pay taxes. They also clarify that current totals include previously reported common shares and restricted stock units.