Travel & Leisure Co. (NYSE: TNL) director receives 1,328-share equity grant

Rhea-AI Filing Summary

Brady Louise F. reported acquisition or exercise transactions in this Form 4 filing.

Travel & Leisure Co. director Louise F. Brady received a grant of 1,328 shares of common stock on March 10, 2026 as a stock award with no cash paid per share. Following this equity award, she reports 83,896 common shares held directly, plus a separate direct holding line of 741 deferred stock units that includes previously reported awards.

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

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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^*

Brady Louise F.

(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)

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

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		1,328(1)	A	$0	83,896(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. Deferred stock units and accrued dividends issued on vesting of previously-granted restricted stock units. 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.

Remarks:

	/s/ Jeff J. Zanotti as Attorney-in-Fact for Louise F. Brady	03/12/2026
	** 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.

FAQ

What did Travel & Leisure Co. (TNL) director Louise F. Brady report in this Form 4?

She reported receiving an equity award of 1,328 common shares. These shares were granted on March 10, 2026 at a price of $0.00 per share as a compensation grant, increasing her directly reported common stock holdings to 83,896 shares.

Was the Travel & Leisure Co. (TNL) Form 4 transaction a market purchase or sale?

The Form 4 reflects a grant or award, not a market trade. The 1,328 shares of common stock were acquired under transaction code A, described as a grant, award, or other acquisition, with no cash price per share reported.

How many Travel & Leisure Co. (TNL) shares does Louise F. Brady hold after the reported grant?

After the grant, she reports 83,896 common shares held directly. The filing also shows a separate direct holding line of 741 deferred stock units, which the footnotes state includes previously reported deferred and restricted stock unit awards.

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

The deferred stock units represent equity payable in common stock later. Each deferred stock unit entitles the reporting person to receive one share of common stock after retirement or termination of service from the Board, and the total includes previously reported deferred units and accrued dividends.

Does the Travel & Leisure Co. (TNL) Form 4 indicate any stock option exercises or derivative transactions?

No derivative transactions are shown in this Form 4 excerpt. The transaction summary reports zero derivative exercises, zero derivative transaction count, and an empty derivative position list, indicating only non-derivative common stock and deferred stock unit holdings are reported here.