Travel + Leisure Co.'s SEC filings document operating results, Regulation FD investor materials, governance matters and debt arrangements for its leisure travel and vacation ownership business. Recent 8-K reports furnish quarterly and annual results, supplemental financial information, outlook commentary, VOI sales metrics and presentation materials about operations, results and prospects.
Proxy materials describe board and shareholder voting matters, executive compensation and equity-award disclosures. Material-event filings also record credit agreement amendments, term loan repricing, direct financial obligations and other capital-structure disclosures tied to corporate debt and the company's securitized notes receivables portfolio.
MARTINEZ LUCINDA reported acquisition or exercise transactions in this Form 4 filing.
Travel & Leisure Co. director Lucinda Martinez received a grant of 1,214 shares of common stock at no cost upon vesting of previously granted restricted stock units. Following this award, she directly holds 19,608 common shares, 3,007 deferred stock units, and 741 restricted stock units that were previously reported.
Travel + Leisure Co. furnished an update indicating it has posted new written investor presentation materials on its investor relations website. The company plans to use these materials in meetings with the investment community and for general marketing, and may also use its website and LinkedIn to share information about its operations, results and prospects.
The information in this current report related to the presentation materials is being furnished under Regulation FD, not filed for purposes of Section 18 of the Exchange Act, and will only be incorporated into other securities filings if specifically referenced.
Travel & Leisure Co. director and officer Michael Dean Brown reported exercising stock options and selling shares of common stock. On February 23–24, 2026, he exercised vested stock options granted March 7, 2019 at a $44.38 exercise price, converting them into common shares.
Over the same two days, he sold an aggregate of 92,798 shares of Travel & Leisure common stock in open-market transactions at weighted average prices ranging from about $72.64 to $75.63, pursuant to a Rule 10b5-1 trading plan adopted on November 25, 2025. Following these transactions, he directly owned 427,821 shares of common stock.
TNL insider sale: Michael D. Brown reported the sale of 66,860 common shares on 02/23/2026, with proceeds shown as $4,949,861.39.
The filing lists Fidelity Brokerage Services LLC as a broker and references options granted on 03/07/2019; the entry also shows a trade date or filing date of 02/24/2026.
Travel & Leisure Co. officer Amandine Robin-Caplan reported an open-market sale of 3,904 shares of common stock on February 20, 2026 at an average price of $74.61 per share. The filing also shows 32,350 shares of common stock held directly after the reported transactions.
TNL affiliate submitted a Form 144 through Merrill Lynch to sell common stock. The excerpt lists broker information for Merrill Lynch and shows two scheduled RSU vesting events with 2,196 and 1,708 shares on 03/18/2025 and 08/27/2025, respectively. Additional numeric lines appear but are not clearly labeled in the excerpt.
Travel + Leisure Co. files its annual report describing a large timeshare and travel membership platform built around two segments: Vacation Ownership and Travel and Membership. Vacation Ownership generated 46% of 2025 revenue from VOI sales, 40% from fee-for-service, 11% from consumer financing and 3% from other streams.
The company reports more than 280 resorts with 29,000 units and 797,000 owner families, plus 3.3 million RCI exchange members and 3,600 affiliated resorts. As of June 30, 2025, non-affiliate common stock market value was $3.30 billion, and 62,397,734 shares were outstanding as of January 31, 2026.
Management highlights growth plans through multi-brand timeshare expansion, travel clubs, B2B private-label travel solutions and partnerships with brands such as Wyndham Hotels, Margaritaville and Accor. Extensive risk disclosures cover competition in leisure travel, macroeconomic pressures, climate and extreme weather exposure, regulatory complexity and execution risks from acquisitions, including the Travel + Leisure brand and Accor Vacation Club.
Travel + Leisure Co. reported solid 2025 growth in its core vacation ownership business but lower GAAP earnings due to a major portfolio cleanup. Full-year net revenue was $4.02 billion, with Gross VOI sales up 8% to $2.49 billion and net income of $230 million, or $3.44 diluted EPS, including $216 million of resort-related write-downs and impairments.
On an adjusted basis, performance improved: 2025 Adjusted EBITDA rose 7% to $990 million and Adjusted diluted EPS increased 10% to $6.34. Operating cash flow reached $640 million and Adjusted free cash flow was $516 million. The company repurchased $300 million of stock and paid $149 million in dividends in 2025, and the board approved a new $750 million buyback authorization. For 2026, management guides Adjusted EBITDA to $1.03–$1.055 billion and plans to recommend raising the quarterly dividend to $0.60 per share, supported by expected positive net benefits from its Resort Optimization Initiative.
Travel & Leisure Co. director reports additional deferred stock units
A director of Travel & Leisure Co. reported acquiring 406 shares of common stock in the form of deferred stock units on 12/31/2025 at a price of $0 per unit. These units were issued as dividend equivalents, and each deferred stock unit entitles the director to receive one share of common stock after retirement or termination of Board service.
Following this transaction, the director beneficially owned 48,089 deferred stock units and 1,955 previously reported restricted stock units, all held directly. This filing reflects ongoing equity-based alignment of the director’s interests with those of other Travel & Leisure Co. shareholders.