HERRERA GEORGE 4

What Happened George Herrera, a director of Travel & Leisure Co. (TNL), was granted 3,601 shares on March 11, 2026. The shares were issued at a reported acquisition price of $0.00 (award/compensation), so the filing lists $0 cash paid. This was an equity award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (appears timely under Form 4 rules).
• Amount: 3,601 shares; Price per share: $0.00; Reported cash value: $0.
• Footnotes: F1 indicates common stock issued for retainer fees and the annual equity grant. F2–F4 note inclusion of previously reported common shares, deferred stock units, and restricted stock units in ownership disclosures.
• Shares owned after the transaction are not specified in the provided excerpt of the filing.

Context This grant is a routine director compensation action (retainer/annual equity grant) and is recorded as an award rather than a purchase or sale. Such awards are common for non-employee directors and do not, by themselves, indicate the director buying or selling based on private information.