Travel & Leisure (NYSE: TNL) HR chief sells 28,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Travel & Leisure Co. Chief Human Resources Officer Kimberly Marshall reported an open-market sale of 28,000 shares of common stock on June 4, 2026 at a weighted average price of $70.1737 per share. Following the sale, she directly holds 33,191 shares of common stock. The filing notes the sale occurred through multiple trades at prices between $70.07 and $70.42 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 28,000 shares ($1,964,864)
Net Sell
2 txns
Insider
MARSHALL KIMBERLY
Role
Chief Human Resources Officer
Sold
28,000 shs ($1.96M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 28,000 | $70.1737 | $1.96M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 33,191 shares (Direct)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $70.07 to $70.42, 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. Previously reported shares of common stock. Previously reported restricted stock units.
Key Figures
Shares sold: 28,000 shares
Weighted average sale price: $70.1737 per share
Post-transaction holdings: 33,191 shares
+1 more
4 metrics
Shares sold
28,000 shares
Open-market sale of common stock on June 4, 2026
Weighted average sale price
$70.1737 per share
Price for 28,000 common shares sold
Post-transaction holdings
33,191 shares
Direct common stock owned after June 4, 2026 sale
Trade price range
$70.07–$70.42 per share
Range of prices for multiple sale transactions
Key Terms
weighted average price, open-market sale, restricted stock units
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
restricted stock units financial
"Previously reported restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
What insider transaction did Travel & Leisure Co. (TNL) disclose?
Travel & Leisure Co. disclosed that Chief Human Resources Officer Kimberly Marshall sold 28,000 shares of common stock in an open-market transaction on June 4, 2026, at a weighted average price of $70.1737 per share.
What role does Kimberly Marshall hold at Travel & Leisure Co. (TNL)?
Kimberly Marshall is the Chief Human Resources Officer of Travel & Leisure Co. The Form 4 identifies her as an officer of the company, providing context for the reported sale of company common stock.
Was the Travel & Leisure (TNL) insider sale a single trade or multiple trades?
The sale was executed through multiple trades. The Form 4 footnote explains that the 28,000 shares were sold in several transactions, with prices ranging from $70.07 to $70.42 per share, resulting in a weighted average sale price of $70.1737.