MYERS JEFFREY 4
Research Summary
AI-generated summary
Travel & Leisure (TNL) Insider Jeffrey Myers Receives Award
What Happened
- Insider Jeffrey Myers received a grant of 33,566 restricted stock units (RSUs) on March 11, 2026. The RSUs were reported as acquired at $0.00 (an awarded grant, not a cash purchase or sale). No immediate shares were issued; each RSU converts to one share of common stock upon vesting.
Key Details
- Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (appears timely).
- Transaction type/code: Award/Grant (code A); 33,566 RSUs granted at $0.00 (grant value not shown in this excerpt).
- Vesting: RSUs vest in four equal installments on each of the first four anniversaries of March 15, 2026, subject to continuous employment (footnote F1).
- Holdings: The filing notes inclusion of previously reported RSUs and previously reported shares (F2, F3). The total shares owned after this grant are not specified in the provided excerpt — see the full Form 4 for totals.
- No immediate sale or tax-withholding event reported in the excerpt.
Context
- RSU grants are a common form of compensation/retention and do not represent an open-market purchase by the insider. Shares will only be delivered as each tranche vests (one share per vested RSU).
- This grant should be viewed as compensation-related, not a direct buy or sell signal. For full ownership figures and any subsequent dispositions, consult the complete Form 4 (accession 0001741758-26-000005).