BUCKMAN JAMES E 4
Research Summary
AI-generated summary
Travel & Leisure (TNL) Director James E. Buckman Receives Award
What Happened
Director James E. Buckman received an award of 1,328 deferred stock units on March 10, 2026. The units were granted at $0.00 per unit (no cash paid) and reported on a Form 4 filed March 12, 2026. These are deferred stock units issued on vesting of previously granted restricted stock units.
Key Details
- Transaction date: 2026-03-10; Report filed: 2026-03-12 (appears timely; Form 4 is generally due within two business days).
- Transaction type/code: Award/Acquisition (A).
- Amount: 1,328 deferred stock units; exercise/price: $0.00; reported dollar value: $0.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1 notes each deferred stock unit entitles the reporting person to receive one share of common stock following the reporting person's retirement or termination from the Board. F2–F4 indicate inclusion of previously reported deferred stock units, previously reported common shares, and previously reported restricted stock units.
Context
This was a compensation-related award/vesting (deferred stock units), not an open-market purchase or sale. Deferred units typically convert to common shares only upon the director’s retirement or separation from service, so this does not reflect an immediate market purchase or sale.