Savina James J 4

What Happened

• Savina J. James, General Counsel and Corporate Secretary of Travel & Leisure Co. (TNL), had 31,984 shares acquired on vesting of previously granted restricted stock units and performance share units on 2026-03-10. These shares were reported as acquired at $0 (vesting).
• Of those vested shares, 11,799 shares were disposed to the issuer (withheld) at $71.12 per share to cover tax withholding, generating a cash value of $839,145. This is a withholding-to-issuer transaction tied to vesting, not an open-market sale.

Key Details

• Transaction dates: 2026-03-10 (vest and withholding); Form 4 filed 2026-03-12.
• Prices and values: 31,984 shares acquired @ $0 (vesting); 11,799 shares withheld @ $71.12 = $839,145.
• Shares owned after transaction: not specified in this filing.
• Footnotes: F1 = shares from vesting of prior RSUs/PSUs; F3 = shares withheld to pay tax liability on vesting; F2/F4 reference previously reported shares/RSUs.
• Filing timeliness: Filed two days after the transaction date (appears timely, not marked late).

Context

• This was not a purchase or an open-market sale but a routine vesting of equity awards with shares withheld to satisfy tax obligations. Such withholdings are common and do not signal an independent decision to sell shares on the market.