Travel & Leisure (TNL) director granted 1,214-share stock award

Rhea-AI Filing Summary

HERRERA GEORGE reported acquisition or exercise transactions in this Form 4 filing.

Travel & Leisure Co. director George Herrera received a grant of 1,214 shares of common stock on March 10, 2026 as a compensation award at no cash cost per share. After this grant, the Form 4 shows direct holdings entries of 46,333 and 741 common shares linked to previously reported deferred and restricted stock units. This filing reflects routine equity compensation rather than an open-market purchase or sale.

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^*

HERRERA GEORGE

(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		1,214(1)	A	$0	1,214	D
Common Stock								46,333(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. Common stock issued on vesting of previously-granted restricted stock units.

2. Previously reported deferred stock units.

3. Previously reported restricted stock units.

Remarks:

	/s/ Jeff J. Zanotti as Attorney-in-Fact for George Herrera	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.
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FAQ

What insider transaction did Travel & Leisure Co. (TNL) report for George Herrera?

George Herrera received a stock grant of 1,214 common shares. The Form 4 shows this award was granted on March 10, 2026 at no cash cost per share, reflecting routine equity compensation rather than an open-market transaction.

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

The Form 4 does not show an open-market purchase or sale. It records a grant of 1,214 Travel & Leisure Co. common shares to director George Herrera as compensation, with no price per share, plus updated holdings entries.

How many Travel & Leisure Co. (TNL) shares were granted to George Herrera?

George Herrera was granted 1,214 shares of common stock. The filing labels this as a grant or award acquisition, issued upon vesting of previously granted restricted stock units, and not as a typical market trade.

What does the Travel & Leisure Co. (TNL) Form 4 say about Herrera’s total holdings?

The Form 4 lists multiple direct holdings entries. After the March 10, 2026 transactions, it reports 46,333 and 741 common share positions, with footnotes indicating these stem from previously reported deferred and restricted stock units.

Do the Travel & Leisure Co. (TNL) insider transactions involve stock units?

Yes, the filing references stock units. Footnotes explain that common stock was issued upon vesting of restricted stock units and also mention previously reported deferred and restricted stock units related to George Herrera’s equity compensation.