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Travel & Leisure (NYSE: TNL) director gets 1,188-share stock award, now holds 134,870

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Travel & Leisure Co. director James E. Buckman received a grant of 1,188 shares of common stock on March 31, 2026, at no cost. The award is coded as a grant or other acquisition and is a form of equity compensation rather than an open-market purchase.

After this grant, Buckman directly holds 134,870 common shares. The filing also lists direct holdings tied to deferred stock units and previously reported restricted stock units and common shares, including deferred stock units issued for dividends that convert into one share of common stock after his Board service ends.

Positive

  • None.

Negative

  • None.
Insider BUCKMAN JAMES E
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 1,188 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 134,870 shares (Direct)
Footnotes (1)
  1. Deferred stock units issued for dividends. 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. Includes previously reported deferred stock units. Previously reported restricted stock units. Previously reported shares of common stock.
Stock award shares 1,188 shares Common stock grant on March 31, 2026
Award price per share $0.0000 per share Grant, award, or other acquisition
Direct holdings after grant 134,870 shares Total common stock directly held after transaction
Holding entry 1 741 shares Common stock holding line item, direct ownership
Holding entry 2 6,998 shares Common stock holding line item, direct ownership
Acquire transactions 1 transaction Grant/award acquisition in transaction summary
Deferred stock units financial
"Deferred stock units issued for dividends. Each deferred stock unit entitles the reporting person to receive one share"
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
BUCKMAN JAMES E
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock03/31/2026A1,188(1)A$0134,870(2)D
Common Stock741(3)D
Common Stock6,998(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Deferred stock units issued for dividends. 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.
2. Includes previously reported deferred stock units.
3. Previously reported restricted stock units.
4. Previously reported shares of common stock.
Remarks:
/s/ Jeff J. Zanotti as Attorney-in-Fact for James E. Buckman04/02/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did James E. Buckman report in his latest Form 4 for Travel & Leisure (TNL)?

James E. Buckman reported receiving 1,188 shares of Travel & Leisure common stock on March 31, 2026, as a grant or award. The shares were issued at no cost, reflecting equity-based director compensation rather than an open-market stock purchase or sale.

How many Travel & Leisure (TNL) shares was director James E. Buckman granted?

He was granted 1,188 shares of Travel & Leisure common stock on March 31, 2026. The transaction carried a price per share of $0.0000, indicating a stock award that increases his equity exposure without requiring any cash payment for the new shares.

Did James E. Buckman buy or sell Travel & Leisure (TNL) shares on the open market?

The filing shows no open-market buying or selling of Travel & Leisure shares by James E. Buckman. Instead, it reports a stock grant coded as a “Grant, award, or other acquisition,” with 1,188 shares issued at no cost as part of his compensation.

How many Travel & Leisure (TNL) shares does James E. Buckman hold after this Form 4 transaction?

Following the March 31, 2026 grant, Buckman directly holds 134,870 shares of Travel & Leisure common stock. Additional line items in the filing show other direct holdings, including deferred stock units and restricted stock units previously reported in earlier disclosures.

What are deferred stock units mentioned in the Travel & Leisure (TNL) Form 4 footnotes?

Deferred stock units are equity awards that track Travel & Leisure common stock and are issued for dividends. Each deferred stock unit entitles Buckman to receive one share of common stock after his retirement or termination of service from the company’s Board of Directors.

How does the stock award to James E. Buckman affect Travel & Leisure (TNL) shareholders?

The award grants 1,188 new shares to director James E. Buckman as compensation, a relatively small addition compared with his 134,870 direct shares. It represents standard equity-based director pay and does not reflect any change in open-market trading activity by the director.