Travel & Leisure (NYSE: TNL) COO reports 4,260-share charitable stock gift

Rhea-AI Filing Summary

Travel & Leisure Co. insider Geoffrey Richards reported a bona fide charitable gift of 4,260 shares of common stock on 12/15/2025, coded as a gift transaction. The shares were transferred from the Geoffrey S Richards Revocable Trust at a reported price of $0 per share.

After this transaction, Richards beneficially owned 35,344 shares of Travel & Leisure Co. common stock indirectly through the revocable trust and 115,611 shares directly, the latter noted as previously reported restricted stock units. He is identified as Chief Operating Officer, Vacation Ownership.

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^*

RICHARDS GEOFFREY

(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)
12/15/2025

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	12/15/2025		G(1)		4,260	D	$0	35,344(2)	I	Geoffrey S Richards Revocable Trust
Common Stock								115,611(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. The reported transaction represents a bona fide charitable gift of common stock.

2. Includes previously reported common stock.

3. Previously reported restricted stock units.

Remarks:

Chief Operating Officer, Vacation Ownership.

	/s/ Jeff Zanotti as Attorney-in-Fact for Geoffrey Richards	12/17/2025
	** 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 transaction did Travel & Leisure Co. (TNL) report in this Form 4?

The filing reports that Geoffrey Richards made a bona fide charitable gift of 4,260 shares of Travel & Leisure Co. common stock on 12/15/2025 from the Geoffrey S Richards Revocable Trust at a reported price of $0 per share.

Who is the reporting person in this Travel & Leisure Co. (TNL) Form 4?

The reporting person is Geoffrey Richards, who is listed as an officer of Travel & Leisure Co. with the title Chief Operating Officer, Vacation Ownership.

How many Travel & Leisure Co. (TNL) shares does Geoffrey Richards own after the reported gift?

Following the reported transaction, Geoffrey Richards beneficially owned 35,344 shares of Travel & Leisure Co. common stock indirectly through the Geoffrey S Richards Revocable Trust and 115,611 shares directly, which are noted as previously reported restricted stock units.

Was any cash consideration received for the gifted Travel & Leisure Co. (TNL) shares?

No cash consideration was reported. The 4,260 shares of Travel & Leisure Co. common stock were reported as a bona fide charitable gift with a transaction price of $0 per share.

Is this Travel & Leisure Co. (TNL) Form 4 filed for one or multiple reporting persons?

The form indicates that it is filed by one reporting person, referring to Geoffrey Richards.

How is Geoffrey Richards’ ownership in Travel & Leisure Co. (TNL) structured?

According to the filing, Geoffrey Richards holds Travel & Leisure Co. common stock both indirectly through the Geoffrey S Richards Revocable Trust with 35,344 shares and directly with 115,611 shares, described as previously reported restricted stock units.