A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 9 filings in this group are Form 4s for Travel + Leisure Co.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 9 insider filings shown, the breakdown is 8 open-market sale and 1 compensation award. 8 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market sale
Insider Selling
2026-08-27
TNL insider Duncan Thomas Michael (SVP, Chief Accounting Officer) sold 20,000 shares (~$1.48M)
Duncan Thomas Michael, listed as SVP, Chief Accounting Officer at Travel & Leisure Co., reported an open-market sale of 20,000 TNL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
20,000 |
$74.16 |
$1.48M |
Filing: Form 4 (Insider Transaction)
Insider: Duncan Thomas Michael (SVP, Chief Accounting Officer)
Shares: 20,000
Est. Value: $1.48M
Form 4
Compensation award
Tax / Compensation Filing
2026-08-27
TNL insider Form 4 filed for equity award, exercise, or tax withholding
ROBIN-CAPLAN AMANDINE (See remarks) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
4,291 |
— |
— |
F |
Tax withholding on vested shares
|
1,689 |
$73.67 |
$124.4K |
Filing: Form 4 (Insider Transaction)
Insider: ROBIN-CAPLAN AMANDINE (See remarks)
Shares: 5,980
Form 4
Open-market sale
Insider Selling
2026-08-10
TNL insider Brown Michael Dean (Director, See Remarks) sold 200 shares (~$15.8K)
Brown Michael Dean, listed as Director, See Remarks at Travel & Leisure Co., reported an open-market sale of 200 TNL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
200 |
$44.38 |
$8.9K |
S |
Open-market sale
|
200 |
$79.00 |
$15.8K |
M |
Option exercise
derivative · Stock Options (right to buy)
|
200 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Brown Michael Dean (Director, See Remarks)
Shares: 200
Est. Value: $15.8K
Form 4
Open-market sale
Insider Selling
2026-08-06
TNL insider MYERS JEFFREY (See Remarks) sold 34,000 shares (~$2.64M)
MYERS JEFFREY, listed as See Remarks at Travel & Leisure Co., reported an open-market sale of 34,000 TNL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
34,000 |
$77.76 |
$2.64M |
Filing: Form 4 (Insider Transaction)
Insider: MYERS JEFFREY (See Remarks)
Shares: 34,000
Est. Value: $2.64M
Form 4
Open-market sale
Insider Selling
2026-08-06
TNL insider Brown Michael Dean (Director, See Remarks) sold 4,150 shares (~$328.8K)
Brown Michael Dean, listed as Director, See Remarks at Travel & Leisure Co., reported an open-market sale of 4,150 TNL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
4,150 |
$44.38 |
$184.2K |
S |
Open-market sale
|
4,150 |
$79.24 |
$328.8K |
M |
Option exercise
derivative · Stock Options (right to buy)
|
4,150 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Brown Michael Dean (Director, See Remarks)
Shares: 4,150
Est. Value: $328.8K
Form 4
Open-market sale
Insider Selling
2026-08-06
TNL insider ESFAHANI SY (Chief Technology Officer) sold 52,617 shares (~$4.10M)
ESFAHANI SY, listed as Chief Technology Officer at Travel & Leisure Co., reported an open-market sale of 52,617 TNL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
52,617 |
$78.00 |
$4.10M |
Filing: Form 4 (Insider Transaction)
Insider: ESFAHANI SY (Chief Technology Officer)
Shares: 52,617
Est. Value: $4.10M
Form 4
Open-market sale
Insider Selling
2026-07-28
TNL insider RICHARDS GEOFFREY (See Remarks) sold 33,744 shares (~$2.55M)
RICHARDS GEOFFREY, listed as See Remarks at Travel & Leisure Co., reported an open-market sale of 33,744 TNL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
33,744 |
$75.65 |
$2.55M |
Filing: Form 4 (Insider Transaction)
Insider: RICHARDS GEOFFREY (See Remarks)
Shares: 33,744
Est. Value: $2.55M
Form 4
Open-market sale
Insider Selling
2026-07-24
TNL insider MARSHALL KIMBERLY (Chief Human Resources Officer) sold 32,691 shares (~$2.45M)
MARSHALL KIMBERLY, listed as Chief Human Resources Officer at Travel & Leisure Co., reported an open-market sale of 32,691 TNL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
32,691 |
$75.00 |
$2.45M |
Filing: Form 4 (Insider Transaction)
Insider: MARSHALL KIMBERLY (Chief Human Resources Officer)
Shares: 32,691
Est. Value: $2.45M
Form 4
Open-market sale
Insider Selling
2026-06-17
TNL insider HERRERA GEORGE (Director) sold 500 shares (~$37.6K)
HERRERA GEORGE, listed as Director at Travel & Leisure Co., reported an open-market sale of 500 TNL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
500 |
$75.16 |
$37.6K |
Filing: Form 4 (Insider Transaction)
Insider: HERRERA GEORGE (Director)
Shares: 500
Est. Value: $37.6K