ROBIN-CAPLAN AMANDINE 4

What Happened Amandine Robin‑Caplan, Chief Brand and Communications Officer of Travel & Leisure Co. (TNL), received a combination of vested restricted stock units (RSUs) and a new RSU grant. On 2026-03-10 she acquired 3,763 shares upon vesting of previously granted RSUs. Also on 2026-03-11 she was granted 12,062 RSUs (no immediate cash cost). To cover the tax liability from the vesting, 1,481 shares were withheld at an indicated price of $71.12, generating approximately $105,329.

Key Details

• Transaction dates: 2026-03-10 (3,763 shares vested), 2026-03-10 (1,481 shares withheld for taxes), 2026-03-11 (12,062 RSUs granted).
• Prices/values: Withheld shares shown at $71.12 each; withholding value ≈ $105,329. Acquisitions/grants reported at $0.00 (compensation awards).
• Shares owned after the transactions: Not disclosed in this filing.
• Notable footnotes: F1 = shares from vesting of prior RSUs; F2 = common shares withheld to pay tax liability; F3 = March 11, 2026 RSUs vest in four equal annual installments beginning March 15, 2026 (subject to continued employment); F4 = includes previously reported RSUs.
• Filing: Form 4 filed 2026-03-13 reporting transactions from 2026-03-10 and 03-11 — appears to be timely.

Context These transactions are compensation-related awards (RSU vesting and new RSU grant), not open-market purchases or discretionary sales. The withholding of 1,481 shares was a tax-withholding action (cashless/share‑withholding) to satisfy tax obligations on vesting rather than a deliberate sale indicating sentiment. The newly granted RSUs will vest over four years, subject to continued employment.