Travel+Leisure Co SEC Filings

Travel + Leisure Co. (TNL) filed a Form 144 notice for a proposed sale of 16,500 common shares. The filing lists an aggregate market value of 1,072,500 for the securities to be sold, with an approximate sale date of 10/22/2025 on the NYSE. The broker named is Merrill Lynch, 194 Wood Ave S, Iselin, NJ 08830.

The shares were acquired through RSU vesting from the issuer on several dates: 14,142 shares on 03/10/2024, 2,274 shares on 03/10/2023, and 84 shares on 03/07/2023, each recorded as RSU vesting. As context, the filing notes 64,325,188 shares outstanding.

Travel & Leisure Co. (TNL) reported an insider transaction by its Chief Human Resources Officer, Kimberly Marshall. On 10/22/2025, she sold 16,500 shares of common stock at $65 per share, coded “S,” executed under a pre‑arranged Rule 10b5‑1 plan adopted on December 17, 2024.

After the sale, she beneficially owns 40,236 shares directly. The filing also notes 56,122 previously reported restricted stock units. This is a routine Form 4 disclosure of an insider’s planned share sale and updated holdings.

Travel + Leisure Co. (TNL) insider filing reports transactions by Geoffrey S. Richards, Chief Operating Officer, Vacation Ownership. On 09/09/2025, he transferred 118,718 shares of common stock as a gift to the Geoffrey S Richards Revocable Trust. On 10/22/2025, the trust sold 1,404 shares at $64.50 per share pursuant to a Rule 10b5-1 trading plan adopted on December 11, 2024. Following these transactions, indirect holdings stood at 139,615 shares held by the trust.

Travel + Leisure Co. reported higher quarterly results. For the three months ended September 30, 2025, net revenues were $1,044 million, up from $993 million a year ago. Operating income rose to $214 million from $189 million. Net income attributable to shareholders was $111 million, and diluted EPS from continuing operations increased to $1.67.

Vacation Ownership led growth: VOI sales were $494 million versus $455 million, with total segment revenue of $876 million. Travel and Membership contributed $169 million, steady with last year. Year to date, net revenues were $2,996 million and diluted EPS from continuing operations was $4.35.

The balance sheet showed cash and cash equivalents of $240 million and total assets of $6,892 million. Debt was $3,554 million, with $2,024 million of non‑recourse vacation ownership debt; stockholders’ deficit was $(821) million. Operating cash flow for the nine months was $516 million, supporting $210 million of share repurchases (4.0 million shares) and $114 million in dividends. Shares outstanding were 64,325,188 as of September 30, 2025. Remaining buyback authorization stood at $253 million.

Travel + Leisure Co. furnished its quarterly results via an 8-K. The company reported financial results for the quarter ended September 30, 2025 in a press release furnished as Exhibit 99.1 under Items 2.02 and 7.01. The furnished materials are not deemed “filed” for purposes of Section 18 of the Exchange Act.

The press release, an infographic, and supplemental historical financial information are available on the company’s investor website. The company may also use its website and LinkedIn to disclose information about operations, results, and prospects.

James E. Buckman, a director of Travel & Leisure Co. (TNL), reported changes in beneficial ownership on Form 4 covering transactions dated 09/30/2025. The filing shows 1,189 deferred stock units were acquired at $0 as dividend-issued deferred stock units; each unit converts to one share upon the reporting person’s retirement or termination from the board. Following the transactions the reporting person beneficially owns 127,435 shares (including previously reported deferred units). The form also lists previously reported dispositions of 6,998 shares and 1,955 restricted stock units. The filing was signed by an attorney-in-fact on behalf of Mr. Buckman on 10/02/2025.

Denny Marie Post, a director of Travel & Leisure Co. (TNL), received 351 deferred stock units as of 09/30/2025 that were issued for dividends and carry no immediate cash cost to the reporting person. Each deferred stock unit converts to one share of common stock upon the reporting person’s retirement or termination from the board. Following the transaction the filing reports 37,626 shares or economic equivalents beneficially owned, which includes previously reported deferred stock units, restricted stock units and previously reported common shares. The Form 4 was signed by an attorney-in-fact on 10/02/2025.

George Herrera, a director of Travel & Leisure Co. (TNL), received 429 deferred stock units on 09/30/2025 as dividend equivalents. Each deferred stock unit converts to one share upon his retirement or termination from the board. After the reported transaction, Mr. Herrera beneficially owned 45,968 shares (this total includes previously reported deferred stock units and other previously reported holdings). The filing also records prior dispositions reported as 559 shares and 1,955 shares, and notes previously reported restricted stock units. The Form 4 was signed by an attorney-in-fact on 10/02/2025.

Travel & Leisure Co. director Lucinda Martinez received deferred stock units tied to dividend payments on 09/30/2025. The filing shows an acquisition of 28 deferred stock units that carry no immediate cash price and convert to one share each upon Martinez's retirement or termination from the board. Following the reported activity, the filing lists a total of 2,976 deferred stock units (including previously reported units), 2,693 restricted stock units previously reported, and 17,656 previously reported shares of common stock. The transaction was reported by an attorney-in-fact and signed on 10/02/2025.