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[BUSINESS] · 3 sources

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Executives at Travel + Leisure Co., Ibotta and TriNet Sell Millions of Shares

Jeffrey Myers, an executive of Travel + Leisure Co., sold 34,000 shares of common stock on August 4 for a total of $2.6 million at an average price of $77.76 per share. After the sale he retained 67,787 shares, representing a continued stake in the hospitality firm, which has a market capitalization of about $4.7 billion and annual revenue of $4.1 billion.

Luke Roy Swanson, chief technology officer of Ibotta, Inc., disposed of 5,940 shares on August 3 under a pre‑arranged Rule 10b5‑1 plan, receiving roughly $145,352 at $24.47 per share. The transaction lowered his ownership by about 1.2% to 483,964 shares, valued at roughly $11.8 million. Ibotta recently reported quarterly earnings of $0.24 per share on $82.5 million revenue, beating expectations.

Wayne Lowell, a director of TriNet Group, Inc., sold 5,773 shares on August 4 for $396,663 at an average price of $68.71 per share. His holding fell by 6.3% to 86,449 shares, valued near $5.94 million. TriNet, a business‑services provider, posted a market cap of $3.08 billion and reported quarterly earnings of $1.55 per share, surpassing forecasts.

Entities

Ara Mahdessian · Ibotta, Inc. · Jeffrey Myers · Luke Roy Swanson · Royal Bank of Canada · ServiceTitan Inc. · Travel + Leisure Co. · Wayne Lowell