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Director at Travel & Leisure (TNL) receives 399 deferred stock units as award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Post Denny Marie reported acquisition or exercise transactions in this Form 4 filing.

Travel & Leisure Co. director Denny Marie Post received a grant of 399 deferred stock units of common stock on March 31, 2026. The grant was recorded at a price of $0.00 per share, indicating it was a compensation-related award rather than a market purchase.

Each deferred stock unit entitles Post to receive one share of common stock following retirement or termination of service from the Board of Directors. After this award, one of Post’s reported direct common stock positions totaled 43,157 shares, with additional previously reported common and restricted stock unit holdings disclosed in separate lines.

Positive

  • None.

Negative

  • None.
Insider Post Denny Marie
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 399 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 43,157 shares (Direct)
Footnotes (1)
  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. Includes previously reported deferred stock units. Previously reported shares of common stock. Previously reported restricted stock units.
Deferred stock unit grant 399 units Grant to director on March 31, 2026
Grant price per share $0.00 per share Compensation-related award, not market purchase
Direct common shares after grant 43,157 shares Direct holding line following March 31, 2026 transaction
Additional common stock holding 4,477 shares Previously reported common stock position
Additional restricted stock units 741 units Previously reported restricted stock units
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, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
non-derivative financial
"transaction_type": "non-derivative""
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Post Denny Marie
(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock03/31/2026A399(1)A$043,157(2)D
Common Stock4,477(3)D
Common Stock741(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 Denny Marie Post04/02/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Travel & Leisure Co. (TNL) report for Denny Marie Post?

Travel & Leisure Co. reported that director Denny Marie Post received a grant of 399 deferred stock units on March 31, 2026. These units are a form of stock-based compensation rather than an open-market purchase or sale of existing shares.

How many Travel & Leisure Co. (TNL) shares does Denny Marie Post hold after the reported grant?

Following the March 31, 2026 grant, one of Denny Marie Post’s reported direct common stock positions totaled 43,157 shares. Additional lines in the filing show previously reported common and restricted stock unit holdings, reflecting multiple components of her overall equity interest.

What are deferred stock units in the Travel & Leisure Co. (TNL) Form 4 filing?

Deferred stock units are share-based awards that convert into common stock at a later time, typically after retirement or service termination. In this filing, each deferred stock unit entitles Denny Marie Post to receive one Travel & Leisure Co. common share in the future.

Was the Travel & Leisure Co. (TNL) Form 4 transaction an open-market buy or sell?

The Form 4 shows a grant of 399 deferred stock units at $0.00 per share, coded as a grant or award acquisition. This indicates a compensation-related award, not an open-market purchase or sale of Travel & Leisure Co. stock.

What do the additional holding entries in the Travel & Leisure Co. (TNL) Form 4 represent?

The additional holding entries list totals of 4,477 shares and 741 units tied to previously reported common and restricted stock units. They summarize existing positions, confirming earlier disclosures rather than reporting new buy or sell transactions on that date.