Travel & Leisure Co.·4

Mar 13, 3:07 PM ET

Post Denny Marie 4

4 · Travel & Leisure Co. · Filed Mar 13, 2026

Research Summary

AI-generated summary of this filing

Updated

Travel & Leisure (TNL) Director Denny Marie Post Receives 3,478-Share Award

What Happened

  • Director Denny Marie Post received an award of 3,478 deferred stock units (DSUs) on March 11, 2026. The units were reported as an "A" (award/grant) at $0.00 per unit, so no cash was exchanged; reported total value is $0 on grant date.
  • These DSUs were issued as part of retainer fees and the annual equity grant for board service. Each DSU represents the right to receive one share of common stock upon Post’s retirement or termination of Board service.

Key Details

  • Transaction date: 2026-03-11; filing date: 2026-03-13 (timely filing).
  • Award: 3,478 deferred stock units; price reported: $0.00; reported acquisition code: A.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Footnotes: F1 = DSUs issued for retainer fees and annual equity grant; F1 clarifies each DSU converts to one share upon retirement/termination. F2–F4 note inclusion of previously reported DSUs, previously reported common stock, and previously reported RSUs.
  • No sale or market purchase occurred; this is compensation-related equity.

Context

  • DSU awards to directors are common compensation for board service and do not represent an open-market purchase or immediate sale. They typically convert to actual shares at a future settlement event (retirement/termination), so they are not an immediate bullish signal like a personal cash buy.
  • This transaction is routine compensation disclosure for a non-employee director and should be interpreted as standard equity pay, not short-term trading activity.

Insider Transaction Report

Form 4
Period: 2026-03-11
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-03-11+3,47842,758 total
Holdings
  • Common Stock

    [F3]
    4,477
  • Common Stock

    [F4]
    741
Footnotes (4)
  • [F1]Deferred stock units issued for retainer fees and annual equity grant. Each deferred stock unit entitles the reporting person to receive one share of common stock following the reporting person's retirement or termination of service from the Board of Directors.
  • [F2]Includes previously reported deferred stock units.
  • [F3]Previously reported shares of common stock.
  • [F4]Previously reported restricted stock units.
Signature
/s/ Jeff Zanotti as Attorney-in-Fact for Denny Marie Post|2026-03-13

Documents

1 file
  • 4
    wk-form4_1773428872.xmlPrimary

    FORM 4