Travel & Leisure director granted 494 shares

Travel & Leisure Co. director Stephen P. Holmes reported an equity grant tied to his board service.

Rhea-AI Filing Summary

Travel & Leisure Co. director Stephen P. Holmes reported an equity grant tied to his board service. On March 31, 2026, he received 494 shares of Common Stock at a price of $0.00 per share, classified as a grant or award acquisition.

Footnotes state these are deferred stock units issued for dividends, with each unit entitling him to one share of common stock after he retires or leaves the Board. Following the reported transactions, one line shows 54,211 shares held directly, and additional lines reflect previously reported holdings of common and restricted/deferred stock units totaling 346,947 and 741 shares.

Insider Trade Summary

Grant/Award: 494 shares

Grant/Award 3 txns

Insider HOLMES STEPHEN P

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	494	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 401,899 shares (Direct)

Footnotes (4)

1. F1. Deferred stock units issued for dividends. 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. F2. Includes previously reported deferred stock units.
3. F3. Previously reported shares of common stock.
4. F4. Previously reported restricted stock units.

Key Figures

Stock grant: 494 shares Grant price: $0.00 per share Direct holdings line: 54,211 shares +4 more

7 metrics

Stock grant 494 shares Common Stock grant on March 31, 2026

Grant price $0.00 per share Price for 494-share grant/award acquisition

Direct holdings line 54,211 shares Total shares following one reported transaction line

Previously reported holdings 346,947 shares Previously reported shares of common stock

Previously reported RSUs/DSUs 741 shares Previously reported restricted/deferred stock units

Acquire transactions 1 Grant, award, or other acquisition in transaction summary

Holding entries 2 Number of holding lines in transaction summary

Key Terms

Deferred stock units, restricted stock units, grant/award acquisition, non-derivative, +1 more

5 terms

Deferred stock units financial

"Deferred stock units issued for dividends. Each deferred stock unit entitles the reporting person to receive one share"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

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.

grant/award acquisition financial

"transaction_action": "grant/award acquisition""

non-derivative financial

"transaction_type": "non-derivative""

total_shares_following_transaction financial

"total_shares_following_transaction": "54211.0000""

FAQ

What insider transaction did TNL director Stephen P. Holmes report?

Stephen P. Holmes reported receiving 494 shares of Travel & Leisure Co. common stock. The shares were granted on March 31, 2026 at a price of $0.00 per share as a grant or award acquisition related to his role on the Board of Directors.

How are the 494 Travel & Leisure (TNL) shares structured for Stephen Holmes?

The 494 shares are deferred stock units issued for dividends. Each deferred stock unit entitles Stephen Holmes to receive one share of Travel & Leisure Co. common stock after he retires or otherwise terminates service from the company’s Board of Directors.

What are Stephen Holmes’ reported Travel & Leisure (TNL) share holdings after this grant?

After the March 31, 2026 grant, one reported line shows Stephen Holmes holding 54,211 shares of common stock directly. Additional entries list previously reported holdings of 346,947 shares and 741 shares, reflecting earlier disclosed common and restricted/deferred stock unit positions.

Was the Travel & Leisure (TNL) stock grant to Stephen Holmes an open-market purchase?

No, the 494-share increase was not an open-market purchase. It is classified as a grant, award, or other acquisition with a transaction price of $0.00 per share, reflecting compensation-related deferred stock units issued for dividends tied to his Board service.

Does Stephen Holmes’ Form 4 for TNL show any stock sales?

The Form 4 data shows no reported sales of Travel & Leisure Co. stock. It highlights one acquisition of 494 shares as a grant or award and includes holding entries for previously reported common stock and restricted or deferred stock unit positions without any sale transactions.

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Accepted by SEC EDGAR 04/02/2026 - 09:38 PM Learn about SEC filing dates

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^*

HOLMES STEPHEN P

(Last) (First) (Middle)

C/O TRAVEL + LEISURE CO.

501 WEST CHURCH STREET

(Street)

ORLANDO FLORIDA 32805

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	03/31/2026		A		494(1)	A	$0	54,211(2)	D
Common Stock								346,947(3)	D
Common Stock								741(4)	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 issued for dividends. 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 shares of common stock.

4. Previously reported restricted stock units.

Remarks:

	/s/ Jeff J. Zanotti as Attorney-in-Fact for Stephen P. Holmes	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)