Travel & Leisure (TNL) officer granted 20,979 restricted stock units

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(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Travel & Leisure Co. officer Savina James J received a grant of 20,979 restricted stock units on March 11, 2026 under the company’s Equity and Incentive Plan. This is a compensation award, not an open-market share purchase.

The units vest in four equal installments on each of the first four anniversaries of March 15, 2026, as long as she remains continuously employed. Each vested unit will convert into one share of common stock. After this grant, she directly holds 54,448 restricted stock units and 27,067 previously reported shares of common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Savina James J

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	20,979	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 54,448 shares (Direct)

Footnotes (1)

Restricted stock units granted on March 11, 2026 under the Registrant's Equity and Incentive Plan. The units vest in four equal installments on each of the first four anniversaries of March 15, 2026, subject to the reporting person's continuous employment. The reporting person will receive one share of common stock for each vested restricted stock unit. Includes previously reported restricted stock units. Previously reported shares of common stock.

Form 4 Insider Transactions: What Each Field Means →

03/13/2026 - 03:08 PM

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^*

Savina James J

(Last)

(First)

(Middle)

C/O TRAVEL + LEISURE CO.

501 WEST CHURCH STREET

(Street)

ORLANDO

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)
03/11/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/11/2026		A		20,979⁽¹⁾	A	$0	54,448⁽²⁾	D
Common Stock								27,067⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Restricted stock units granted on March 11, 2026 under the Registrant's Equity and Incentive Plan. The units vest in four equal installments on each of the first four anniversaries of March 15, 2026, subject to the reporting person's continuous employment. The reporting person will receive one share of common stock for each vested restricted stock unit.

2. Includes previously reported restricted stock units.

3. Previously reported shares of common stock.

Remarks:

General Counsel and Corporate Secretary

	/s/ Jeff Zanotti as Attorney-in-Fact for James Savina	03/13/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Savina James J report for Travel & Leisure Co. (TNL)?

Savina James J reported receiving 20,979 restricted stock units as a compensation award. The grant was made under Travel & Leisure Co.’s Equity and Incentive Plan and does not represent an open-market stock purchase or sale by the officer.

How do the 20,979 Travel & Leisure (TNL) restricted stock units vest for Savina James J?

The 20,979 restricted stock units vest in four equal installments on the first four anniversaries of March 15, 2026. Vesting is conditional on Savina James J maintaining continuous employment with Travel & Leisure Co. through each vesting date under the plan terms.

What will Savina James J receive when Travel & Leisure (TNL) restricted units vest?

For each vested restricted stock unit, Savina James J will receive one share of Travel & Leisure Co. common stock. This means the 20,979 granted units can ultimately deliver an equal number of common shares as they vest over the four-year schedule.

What are Savina James J’s Travel & Leisure (TNL) holdings after this Form 4 grant?

After the grant, Savina James J directly holds 54,448 restricted stock units and 27,067 previously reported shares of common stock. These figures combine the newly granted units with earlier reported awards and share positions disclosed in prior filings.

Is the Travel & Leisure (TNL) Form 4 transaction an open-market trade?

No, the transaction is a grant of restricted stock units under an equity incentive plan, not an open-market trade. The units are awarded at no cash cost per share and vest over time based on continued employment with Travel & Leisure Co.