Travel + Leisure CTO Sells $4.1 Million in Stock

Chief Technology Officer Sy Esfahani sold 52,617 shares of Travel + Leisure Co. common stock on August 4, 2026. The transaction generated approximately $4.1 million, with shares sold at a weighted average price of $78.00. This sale follows a period of significant growth for the company, which saw its stock deliver a roughly 30% return over the previous 12 months.

The disposition occurred after Travel + Leisure Co. reported a strong second quarter, featuring revenue growth of 4% to $1.06 billion and a 14% increase in adjusted earnings per share to $1.88. These results led the company to raise its full-year profit guidance. CEO Michael Brown noted that 2026 is delivering "compounding growth across the P&L."

Following the transaction, Esfahani retains 30,545 shares valued at approximately $2.38 million. The regulatory filing associated with the sale also corrected a previous administrative error regarding the reporting of the executive's restricted stock units.