TNL insider discloses multiple stock sales with weighted avg prices

Rhea-AI Filing Summary

Travel + Leisure Co. (TNL) insider activity: A company officer reported multiple open-market sales of common stock. On 10/23/2025, sales included 21,362 shares at a weighted average price of $66.16 (range $66.00–$66.52), 7,102 shares at $68.48 (range $68.10–$69.01), and 300 shares at $69.43 (range $69.39–$69.52). On 10/27/2025, the officer sold 50,000 shares at $66.38 (range $66.06–$66.50).

The filing identifies the reporting person as an officer (Chief Sales and Marketing Officer, Vacation Ownership). Footnotes state prices are weighted averages and that detailed trade prices within each range are available upon request.

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^*

MYERS JEFFREY

(Last) (First) (Middle)

C/O TRAVEL + LEISURE CO.

6277 SEA HARBOR DRIVE

(Street)

ORLANDO FL 32821

(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)
10/23/2025

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	10/23/2025		S		21,362	D	$66.16(1)	121,191.18(2)	D
Common Stock	10/23/2025		S		7,102	D	$68.48(3)	114,089.18(2)	D
Common Stock	10/23/2025		S		300	D	$69.43(4)	113,789.18(2)	D
Common Stock	10/27/2025		S		50,000	D	$66.38(5)	63,789.18(2)	D
Common Stock								115,611(6)	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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $66.00 to $66.52, inclusive. The reporting person undertakes to provide to Travel + Leisure Co., any security holder of Travel + Leisure Co. or the staff of the Securities and Exchange Commission, upon request full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

2. Includes previously reported shares of common stock.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $68.10 to $69.01, inclusive. The reporting person undertakes to provide to Travel + Leisure Co., any security holder of Travel + Leisure Co. or the staff of the Securities and Exchange Commission, upon request full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $69.39 to $69.52, inclusive. The reporting person undertakes to provide to Travel + Leisure Co., any security holder of Travel + Leisure Co. or the staff of the Securities and Exchange Commission, upon request full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $66.06 to $66.50, inclusive. The reporting person undertakes to provide to Travel + Leisure Co., any security holder of Travel + Leisure Co. or the staff of the Securities and Exchange Commission, upon request full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

6. Previously reported restricted stock units.

Remarks:

Chief Sales and Marketing Officer, Vacation Ownership

	/s/ Jeff Zanotti as Attorney-in-Fact for Jeffrey Myers	10/27/2025
	** 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.

FAQ

What insider transactions did TNL report?

An officer reported open-market sales on 10/23/2025 and 10/27/2025, including 21,362 shares at $66.16, 7,102 at $68.48, 300 at $69.43, and 50,000 at $66.38 (weighted averages).

What were the price ranges for the TNL insider sales?

Ranges were $66.00–$66.52, $68.10–$69.01, $69.39–$69.52 on 10/23/2025, and $66.06–$66.50 on 10/27/2025.

Who made the transactions reported by TNL?

A company officer listed as Chief Sales and Marketing Officer, Vacation Ownership.

What does transaction code "S" mean on the Form 4?

Code "S" denotes an open-market or private sale of non-derivative securities.

Were these prices exact or averages?

They are weighted average prices; the filing offers to provide the number of shares sold at each individual price within the stated ranges.

Did the Form 4 include derivative security transactions?

Table II shows no derivative security transactions in the excerpt provided.