MARSHALL KIMBERLY 4

What Happened
Kimberly Marshall, Chief Human Resources Officer of Travel & Leisure Co. (TNL), sold 28,000 shares of TNL common stock in open-market transactions on June 4, 2026. The weighted average sale price was $70.17 per share, resulting in total gross proceeds of approximately $1,964,864. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: 2026-06-04 (reported on Form 4 filed 2026-06-08; filing appears timely).
• Price: weighted average $70.17; individual trades ranged from $70.07 to $70.42 (see footnote F1 for per-trade breakdown).
• Shares sold: 28,000; gross proceeds ≈ $1,964,864.
• Shares owned after transaction: not stated in the information provided.
• Notable footnotes: F1 explains the weighted-average price and offers to provide per-price breakouts on request; F2/F3 reference previously reported common shares and previously reported restricted stock units.
• No 10b5-1 trading plan or other special sale mechanism was disclosed in the supplied details.

Context
Sales by executives can be routine (taxes, diversification, planned liquidity) and do not by themselves indicate a change in company outlook. This Form 4 documents the sale details but does not provide a reason for the disposition. If you track insider activity, look for patterns over time or additional filings that disclose ownership after the sale.