ROBIN-CAPLAN AMANDINE 4

What Happened

• Amandine Robin‑Caplan, Chief Brand and Communications Officer at Travel & Leisure Co. (TNL), had previously granted restricted stock units (RSUs) vest on March 15, 2026. The vesting resulted in 2,904 shares being issued (reported as an award). To cover taxes on the vesting, 1,143 vested shares were withheld and disposed of at $68.53 per share, for a withholding value of $78,330. Net shares delivered to Robin‑Caplan were 1,761 shares (2,904 vested minus 1,143 withheld). This was a compensation vesting event, not an open‑market purchase or sale.

Key Details

• Transaction dates: March 15, 2026 (vesting and tax withholding); Form 4 filed March 16, 2026 (timely).
• Award: 2,904 shares reported as acquired in connection with RSU vesting (code A).
• Tax withholding: 1,143 shares withheld/disposed to satisfy tax liability at $68.53/share, total $78,330 (code F).
• Net shares received: 1,761 shares.
• Shares owned after transaction: not disclosed in this Form 4 (filing references previously reported holdings).
• Relevant footnotes: RSUs vested from previously granted awards; shares were withheld to pay resulting tax liability; filing includes previously reported RSUs/common stock.

Context

• This was a routine equity compensation vesting event. The withholding of shares to cover taxes is a common, cashless way to settle tax obligations and is recorded as a disposition for tax purposes — it is not the same as an open‑market sale signaling a decision to diversify.
• Codes used: A = award/grant (vesting of RSUs); F = shares withheld/disposed for tax payment.