Geoffrey Richards sold 33,744 shares of $TNL — Travel & Leisure Co. — on July 27, 2026, at $75.65 per share, for a total of approximately $2.55 million. The Form 4 was filed the following day, July 28. Richards held 1,600 shares after the transaction, according to the filing.
The sale is the latest in a sequence of open-market disposals Richards has recorded on the stock over the past year. In late November 2025, he sold a combined 62,525 shares across two transactions on a single day — November 24 — for proceeds totaling roughly $4.07 million at prices near $65 per share. Earlier that month, he sold an additional 9,548 shares across two days at $65 per share. In October 2025, Richards filed sales totaling more than 29,300 shares at prices ranging from approximately $64.50 to $66.06. Taken together, Richards has recorded multiple sales of $TNL shares throughout the second half of 2025 and into 2026.
The July 27 transaction did not occur in isolation among Travel & Leisure insiders. Four days earlier, on July 23, Kimberly Marshall — listed in her filing as Chief Human Resources Officer — sold 32,691 shares at $75.00 per share for proceeds of approximately $2.45 million. That transaction left Marshall with zero shares reported after the trade. In June, Director George Herrera sold 500 shares at $75.16, a smaller transaction that brought his reported holdings to 1,353 shares.
Travel & Leisure Co. operates in the Hotels, Restaurants & Leisure sector. The cluster of three separate insider disposals between mid-June and late July 2026 — spanning different roles within the company — represents notable activity across the executive and board ranks over a roughly six-week window.
Richards's July filing covered the gap between a substantial prior holding and the 1,600 shares now reported, with the Form 4 submitted one day after the trade date. The price of $75.65 per share on this latest transaction is higher than the prices recorded in his previous filings, which ranged from approximately $60.50 to $66.06 across trades going back to July 2025.