Travel & leisure co. CFO Michael Brown sells $15,800 of stock

On August 6, 2026, Travel & Leisure Co.'s CFO, Michael Brown, sold 200 shares of the company's common stock for a total of $15,800. The sale occurred after he exercised 200 stock options, which he had purchased at a price of $44.38 per share, for a total of $8,876. Both actions were carried out according to a Rule 10b5-1 plan, established on November 25, 2025.

The stock options had been granted to Brown on March 7, 2019, under the company's Equity and Incentive Plan and vested in four equal installments over the following years. As a result of these transactions, Brown directly owns 487,303 shares of Travel & Leisure Co. common stock, in addition to 288,134 restricted stock units and 19,976 stock options.

Recently, Travel + Leisure Co. reported a second-quarter 2026 revenue of $1.06 billion, exceeding expectations, and adjusted earnings per share of $1.88, slightly below forecast but surpassing Citizens' estimate. Due to strong operating performance and recent acquisitions, the company raised its full-year outlook. Mizuho increased its price target for Travel + Leisure from $105 to $107, maintaining an Outperform rating.