Post Denny Marie 4

What Happened

• Denny Marie Post, a director of Travel & Leisure Co. (TNL), was granted 1,328 deferred stock units on March 10, 2026. The units were recorded at $0.00 per unit (compensatory award), so no cash changed hands.
• This was an award/vesting event (transaction code A) tied to previously granted restricted stock units rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-10; Form 4 filed: 2026-03-12 (filed within the standard two-business-day window).
• Amount: 1,328 deferred stock units; reported price: $0.00; total reported consideration: $0.
• Shares owned after the transaction: not specified in the filing (the filing notes include previously reported deferred stock units and shares).
• Relevant footnotes:
  • F1: Units are deferred stock units and accrued dividends issued upon vesting of earlier RSUs; each unit entitles the holder to one common share upon the director’s retirement or termination of board service.
  • F2–F4: Indicates inclusion of previously reported deferred stock units, previously reported RSUs, and previously reported common shares.
• Filing timeliness: timely (no late filing flag).

Context

• Deferred stock units are a form of deferred compensation tied to prior RSUs; they typically convert to actual shares only upon specified future events (e.g., retirement), so this transaction does not reflect an immediate buy or sell in the market.
• For retail investors, such awards are routine director compensation and are not the same signal as an insider purchasing shares on the open market.