Travel & Leisure Co. officer reports RSU grants and vesting

Travel & Leisure Co. officer Amandine Robin-Caplan reported equity-based compensation activity involving company common stock.

Rhea-AI Filing Summary

Travel & Leisure Co. officer Amandine Robin-Caplan reported equity-based compensation activity involving company common stock. On March 11, 2026, she received a grant of 12,062 restricted stock units that vest in four equal installments on each of the first four anniversaries of March 15, 2026, subject to continued employment, with one share issued for each vested unit. On March 10, 2026, 3,763 shares of common stock were acquired upon vesting of previously granted restricted stock units, and 1,481 shares were withheld at a price of $71.12 per share to cover tax liabilities related to the RSU and performance share vesting. Following these transactions, she directly owns 40,649 shares of common stock.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider ROBIN-CAPLAN AMANDINE

Role See remarks

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	12,062	$0.00	$0.00
Grant/Award	Common Stock	3,763	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	1,481	$71.12	$105K

Holdings After Transaction: Common Stock — 40,649 shares (Direct)

Footnotes (4)

1. F1. Common stock acquired on vesting of previously-granted restricted stock units.
2. F2. Common stock withheld as payment toward the tax liability incident to the vesting of restricted stock units and performance share units granted in accordance with Rule 16b-3 and delivery of shares in respect thereof.
3. F3. Restricted stock units granted on March 11, 2026 under the Registrant's Equity and Incentive Plan. The units vest in four equal installments on each of the first four anniversaries of March 15, 2026, subject to the reporting person's continuous employment. The reporting person will receive one share of common stock for each vested restricted stock unit.
4. F4. Includes previously reported restricted stock units.

FAQ

What equity awards did Amandine Robin-Caplan receive from Travel & Leisure Co. (TNL)?

Amandine Robin-Caplan received a grant of 12,062 restricted stock units on March 11, 2026. These units were granted under the company’s Equity and Incentive Plan and represent future rights to common shares, subject to vesting and continued employment conditions.

How do the new restricted stock units for TNL’s officer vest over time?

The 12,062 restricted stock units vest in four equal installments on each of the first four anniversaries of March 15, 2026. Each vested unit converts into one share of Travel & Leisure Co. common stock, contingent on the officer’s continuous employment through each vesting date.

What happened when previously granted RSUs vested at Travel & Leisure Co. (TNL)?

On March 10, 2026, 3,763 shares of common stock were acquired upon vesting of previously granted restricted stock units. These vested shares reflect earlier equity awards converting into common stock as service conditions were satisfied under the company’s equity compensation arrangements.

Why were some TNL shares disposed of in the Form 4 for Amandine Robin-Caplan?

1,481 shares of Travel & Leisure Co. common stock were withheld at $71.12 per share to cover tax liabilities from RSU and performance share vesting. This was a tax-withholding disposition, not an open-market sale, executed in connection with equity award settlement.

How many Travel & Leisure Co. shares does the reporting officer hold after these transactions?

After the reported equity grant, RSU vesting, and tax-withholding disposition, Amandine Robin-Caplan directly holds 40,649 shares of Travel & Leisure Co. common stock. This figure reflects her post-transaction ownership reported in the Form 4 filing.

Are the TNL Form 4 transactions open-market purchases or routine compensation events?

The Form 4 transactions are routine compensation-related events, not open-market trades. They include restricted stock unit grants, RSU vesting into common shares, and share withholding to satisfy tax obligations associated with those equity awards under Rule 16b-3.

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Accepted by SEC EDGAR 03/13/2026 - 03:08 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^*

ROBIN-CAPLAN AMANDINE

(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)
03/10/2026

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	03/10/2026		A		3,763(1)	A	$0	3,763	D
Common Stock	03/10/2026		F		1,481(2)	D	$71.12	2,282	D
Common Stock	03/11/2026		A		12,062(3)	A	$0	40,649(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. Common stock withheld as payment toward the tax liability incident to the vesting of restricted stock units and performance share units granted in accordance with Rule 16b-3 and delivery of shares in respect thereof.

3. Restricted stock units granted on March 11, 2026 under the Registrant's Equity and Incentive Plan. The units vest in four equal installments on each of the first four anniversaries of March 15, 2026, subject to the reporting person's continuous employment. The reporting person will receive one share of common stock for each vested restricted stock unit.

4. Includes previously reported restricted stock units.

Remarks:

Chief Brand and Communications Officer

	/s/ Jeff Zanotti as Attorney-in-Fact for Amandine Robin-Caplan	03/13/2026
	** 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.