MYERS JEFFREY 4
4 · Travel & Leisure Co. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
TNL Chief Sales & Marketing Officer Jeffrey Myers Receives Award, Withholds Shares
What Happened
- Jeffrey Myers, Chief Sales & Marketing Officer (Vacation Ownership) at Travel & Leisure Co. (TNL), had 49,379 shares of common stock acquired on the vesting of previously granted restricted stock units (RSUs) and performance share units (PSUs). Concurrently, 19,433 of those shares were disposed to the issuer as tax withholding at $71.12 per share, generating proceeds of $1,382,075. The acquisition price for the vested shares is listed as $0.00 (standard for vesting awards). Net increase in shares from this event: 29,946.
Key Details
- Transaction date: 2026-03-10 (reported on Form 4 filed 2026-03-12).
- Acquisition: 49,379 shares @ $0.00 (vesting of RSUs/PSUs) — Footnote F1.
- Disposition (to issuer for tax withholding): 19,433 shares @ $71.12; total value $1,382,075 — Footnote F3.
- Net new shares retained from the vesting event: 29,946 (49,379 − 19,433).
- Shares owned after transaction: not explicitly stated in the filing; filing notes inclusion of previously reported shares (Footnote F2).
- Relevant footnotes in the filing: F1 (vesting of previously granted RSUs/PSUs), F2 (includes previously reported common stock), F3 (shares withheld to satisfy tax liability), F4 (previously reported RSUs).
- Timeliness: Form 4 was filed on 2026-03-12 for a 2026-03-10 transaction (filed within the standard 2-business-day window).
Context
- This was not an open-market sale by the insider but a routine vesting of equity awards with a portion withheld to cover taxes (a common, non-discretionary corporate withholding). Such withholding transactions are standard administrative actions and do not necessarily signal the insider’s view on the company’s stock.
Insider Transaction Report
Form 4
MYERS JEFFREY
See Remarks
Transactions
- Award
Common Stock
[F1][F2]2026-03-10+49,379→ 113,168.18 total - Disposition to Issuer
Common Stock
[F3][F2]2026-03-10$71.12/sh−19,433$1,382,075→ 93,735.18 total
Holdings
- 66,232
Common Stock
[F4]
Footnotes (4)
- [F1]Common stock acquired on vesting of previously-granted restricted stock units and performance share 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 and performance share units granted in accordance with Rule 16b-3 and delivery of shares in respect thereof.
- [F4]Previously reported restricted stock units.
Signature
/s/ Jeff Zanotti as Attorney-in-Fact for Jeffrey Myers|2026-03-12