MYERS JEFFREY 4
4 · Travel & Leisure Co. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Travel & Leisure (TNL) CSMO Jeffrey Myers Receives RSUs; Shares Withheld
What Happened Jeffrey Myers, Chief Sales and Marketing Officer — Vacation Ownership at Travel & Leisure Co. (TNL), received 13,277 shares upon the vesting of previously granted restricted stock units (RSUs). To satisfy the tax withholding obligation from that vesting, 5,225 shares were withheld/disposed at $68.53 per share, representing $358,069 in tax payment. The grant is reported as an award (code A) and the withholding as tax payment (code F).
Key Details
- Transaction date: 2026-03-15 (reported on Form 4 filed 2026-03-16) — filing appears timely.
- Award: 13,277 shares issued on vesting (code A); these RSUs were previously granted (footnotes F1, F4).
- Tax withholding: 5,225 shares withheld/disposed at $68.53 per share for a total tax payment of $358,069 (code F; footnote F3).
- Shares owned after transaction: Not specified in the provided excerpt / filing.
- Footnotes: F1/F4 indicate common stock resulting from vesting of previously granted RSUs; F3 confirms shares were withheld to cover taxes; F2 notes inclusion of previously reported shares of common stock.
Context This was a routine RSU vesting event, not an open‑market purchase or voluntary sale. The 5,225‑share disposition was a cashless tax withholding — a standard administrative action that does not necessarily indicate insider sentiment about the stock.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-03-15+13,277→ 107,012.18 total - Tax Payment
Common Stock
[F3][F2]2026-03-15$68.53/sh−5,225$358,069→ 101,787.18 total
- 86,521
Common Stock
[F4]
Footnotes (4)
- [F1]Common stock acquired on vesting of previously granted restricted stock units.
- [F2]Includes previously reported shares of common stock.
- [F3]Common stock withheld as payment toward the tax liability incident to the vesting of restricted stock units granted in accordance with Rule 16b-3 and delivery of shares in respect thereof.
- [F4]Previously reported restricted stock units.