Travel & Leisure officer gets stock award, pays taxes
Travel & Leisure Co. officer Jeffrey Myers reported equity compensation and related tax withholding in company stock.
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Rhea-AI Filing Summary
Travel & Leisure Co. officer Jeffrey Myers reported equity compensation and related tax withholding in company stock. He received a grant of 13,277 shares of common stock upon vesting of previously granted restricted stock units, at no cash cost to him.
To cover taxes triggered by this vesting, 5,225 shares of common stock were disposed of as a tax-withholding transaction at a price of 68.53 per share, rather than through an open-market sale. After these movements, Myers directly owned 101,787.18 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,277 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,225 | $68.53 | $358K |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Common stock acquired on vesting of previously granted restricted stock units.
- F2. Includes previously reported shares of common stock.
- F3. 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.
- F4. Previously reported restricted stock units.
FAQ
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What insider transaction did Jeffrey Myers report at Travel & Leisure Co. (TNL)?
Does the Travel & Leisure Co. (TNL) Form 4 indicate any option exercises by Jeffrey Myers?
AI-generated analysis. How Rhea-AI works. Not financial advice.