Travel & Leisure (TNL) CTO Sy Esfahani Sells 52,617 Shares

What Happened
Sy Esfahani, Chief Technology Officer of Travel & Leisure Co. (TNL), disposed of 52,617 shares in an open-market sale on August 4, 2026. The shares were sold at $78.00 per share for total proceeds of $4,104,126. This was a sale (S) rather than a purchase or award.

Key Details

• Transaction date and price: Aug 4, 2026 — 52,617 shares sold at $78.00 each.
• Proceeds: $4,104,126 (gross).
• Filing date: Aug 6, 2026 (reporting period listed as Aug 4, 2026); filed within the typical 2-business-day Form 4 window.
• Shares owned after transaction: Not specified in the provided excerpt; filing notes previously reported common stock (F1).
• Footnotes: F1 = previously reported shares of common stock. F2 = amount of RSUs includes 4,105 RSUs that were previously omitted due to an administrative error.

Context
This was an open-market sale, which insiders commonly execute for a variety of non-informational reasons (diversification, liquidity, taxes). The filing does not indicate option exercises, gifts, or a 10b5-1 plan in the provided details.