Travel & Leisure director granted 5,524 stock units
Brady Louise F. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Brady Louise F. reported acquisition or exercise transactions in this Form 4 filing.
Travel & Leisure Co. director Louise F. Brady received a grant of 5,524 shares of common stock in the form of deferred stock units as part of retainer fees and her annual equity grant. The units carry no cash purchase price and are awarded as compensation for board service.
Each deferred stock unit entitles her to receive one share of common stock after she retires or otherwise leaves the Board of Directors. Following this grant, she directly holds 89,420 deferred stock units, which include previously reported units, and 741 previously reported restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,524 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Deferred stock units issued for retainer fees and annual equity grant. Each deferred stock unit entitles the reporting person to receive one share of common stock following the reporting person's retirement or termination of service from the Board of Directors.
- F2. Includes previously reported deferred stock units.
- F3. Previously reported restricted stock units.
FAQ
What did the latest Form 4 for Travel & Leisure Co. (TNL) report?
What are deferred stock units in the Travel & Leisure Co. (TNL) Form 4?
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