Travel & Leisure (TNL) director reports sale of 500 common shares at $75.16

Rhea-AI Filing Summary

Travel & Leisure Co. director George Herrera reported an open-market sale of 500 shares of common stock. The sale occurred on June 16, 2026 at a price of $75.16 per share. After this transaction, he directly owns 1,353 shares of Travel & Leisure Co. common stock. The filing also references previously reported equity holdings, including common stock, deferred stock units and restricted stock units, which represent additional long-term interests beyond the shares sold.

Insider Trade Summary

Net Seller: 500 shares ($37,580)

Net Sell 3 txns

Insider HERRERA GEORGE

Role null

Sold 500 shs ($38K)

Type	Security	Shares	Price	Value
Sale	Common Stock	500	$75.16	$38K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,353 shares (Direct, null)

Footnotes (1)

1. Previously reported shares of common stock. Previously reported deferred stock units. Previously reported restricted stock units.

Key Figures

Shares sold: 500 shares Sale price: $75.16 per share Direct holdings after sale: 1,353 shares +3 more

6 metrics

Shares sold 500 shares Open-market sale of common stock on June 16, 2026

Sale price $75.16 per share Price for the 500 shares of common stock sold

Direct holdings after sale 1,353 shares Common stock directly owned following the reported transaction

Net share change -500 shares Net buy/sell direction across reported transactions

Previously reported common stock 741 shares Previously reported common stock holdings in a separate row

Previously reported units 46,333 units Previously reported equity units referenced in the filing

Key Terms

open-market sale, deferred stock units, restricted stock units, Form 4

4 terms

open-market sale financial

"Sale in open market or private transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

deferred stock units financial

"Previously reported deferred stock units."

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

restricted stock units financial

"Previously reported restricted stock units."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Form 4 regulatory

"reported in the Form 4 filing"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/17/2026 - 12:13 PM Accepted by SEC EDGAR 06/17/2026 - 12:13 PM Learn about SEC filing dates

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

HERRERA GEORGE

(Last) (First) (Middle)

C/O TRAVEL + LEISURE CO.

501 WEST CHURCH STREET

(Street)

ORLANDO FLORIDA 32805

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

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

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

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

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	06/16/2026		S		500	D	$75.16	1,353(1)	D
Common Stock								46,333(2)	D
Common Stock								741(3)	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. Previously reported shares of common stock.

2. Previously reported deferred stock units.

3. Previously reported restricted stock units.

Remarks:

	/s/ Jeff J. Zanotti as Attorney-in-Fact for George Herrera	06/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did TNL director George Herrera report?

George Herrera reported selling 500 shares of Travel & Leisure Co. common stock. The transaction was an open-market sale on June 16, 2026 at a price of $75.16 per share, as disclosed in the Form 4 filing.

At what price did George Herrera sell Travel & Leisure Co. (TNL) shares?

He sold the shares at $75.16 per share. This price applies to the 500 shares of Travel & Leisure Co. common stock reported as an open-market sale on June 16, 2026 in the Form 4 filing.

How many Travel & Leisure Co. shares does George Herrera hold after this Form 4?

Following the reported sale, he directly owns 1,353 shares of Travel & Leisure Co. common stock. The filing also notes previously reported holdings in common stock, deferred stock units and restricted stock units that represent additional equity interests.

Does the TNL Form 4 show George Herrera buying or selling shares?

The Form 4 shows George Herrera selling shares, not buying. It reports an open-market sale of 500 shares of Travel & Leisure Co. common stock, with his directly owned position updated to 1,353 shares afterward.

What additional equity awards are referenced for TNL director George Herrera?

The filing references previously reported deferred stock units and restricted stock units. These awards, along with previously reported common stock, indicate that Herrera holds additional long-term equity interests in Travel & Leisure Co. beyond the 1,353 directly owned shares post-sale.