{"filing":{"accession_number":"0001361658-26-000035","cik":"0001361658","ticker":"TNL","company_name":"Travel \u0026 Leisure Co.","form":"8-K","filing_date":"2026-05-20","report_date":null,"primary_document":"wyn-20260520.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1361658/000136165826000035/wyn-20260520.htm"},"events":[{"id":9856,"run_id":8639,"accession_number":"0001361658-26-000035","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"summary":"Travel \u0026 Leisure Co. entered into a material definitive agreement on May 20, 2026, to issue $900 million in senior secured notes due 2031. The proceeds are earmarked for redemption of existing debt and repayment of credit facilities, representing a material refinancing activity with significant capital structure implications.","company_name":"Travel \u0026 Leisure Co.","ticker":"TNL","filing_date":"2026-05-20","form":"8-K","submitted_at":null,"items":[{"id":668,"accession_number":"0001361658-26-000035","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"Travel \u0026 Leisure Co. entered into a material definitive agreement on May 20, 2026, to issue $900 million in senior secured notes due 2031. While this is a debt issuance rather than a traditional M\u0026A transaction, Item 1.01 captures \"Entry into a Material Definitive Agreement,\" and the company explicitly discloses this as a material transaction with significant capital structure implications. The proceeds are earmarked for redemption of existing debt and repayment of credit facilities, representing a material refinancing activity that would affect investor assessment of the company's financial position and leverage profile.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-21T02:51:16.683070+00:00","company_name":"","ticker":null,"filing_date":""},{"id":669,"accession_number":"0001361658-26-000035","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of a direct financial obligation, but the actual substance is incorporated by reference from Item 1.01. Without access to Item 1.01's content, the specific event type cannot be determined with confidence. Item 1.01 typically covers M\u0026A activity, but could also address debt issuance, lease arrangements, or other obligations. Given the materiality of Item 2.03 disclosures and the inability to assess the underlying transaction, \"other_material\" is the most defensible classification pending review of Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-21T02:51:16.683070+00:00","company_name":"","ticker":null,"filing_date":""},{"id":670,"accession_number":"0001361658-26-000035","item_number":"8.01","item_title":"Other Events.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"The Company is redeeming its 2026 Notes in full, which is a material capital structure event affecting debt obligations and investor returns. While this is a routine redemption (not a covenant breach or going-concern issue), the full redemption of a debt instrument is material to investors assessing the registrant's financial position and liquidity. This does not fit neatly into the more specific event categories (e.g., it is not a restatement, impairment, or M\u0026A activity), so \"other_material\" is the appropriate classification.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-21T02:51:16.683070+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":668,"accession_number":"0001361658-26-000035","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"Travel \u0026 Leisure Co. entered into a material definitive agreement on May 20, 2026, to issue $900 million in senior secured notes due 2031. While this is a debt issuance rather than a traditional M\u0026A transaction, Item 1.01 captures \"Entry into a Material Definitive Agreement,\" and the company explicitly discloses this as a material transaction with significant capital structure implications. The proceeds are earmarked for redemption of existing debt and repayment of credit facilities, representing a material refinancing activity that would affect investor assessment of the company's financial position and leverage profile.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-21T02:51:16.683070+00:00","company_name":"Travel \u0026 Leisure Co.","ticker":"TNL","filing_date":"2026-05-20"},{"id":669,"accession_number":"0001361658-26-000035","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of a direct financial obligation, but the actual substance is incorporated by reference from Item 1.01. Without access to Item 1.01's content, the specific event type cannot be determined with confidence. Item 1.01 typically covers M\u0026A activity, but could also address debt issuance, lease arrangements, or other obligations. Given the materiality of Item 2.03 disclosures and the inability to assess the underlying transaction, \"other_material\" is the most defensible classification pending review of Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-21T02:51:16.683070+00:00","company_name":"Travel \u0026 Leisure Co.","ticker":"TNL","filing_date":"2026-05-20"},{"id":670,"accession_number":"0001361658-26-000035","item_number":"8.01","item_title":"Other Events.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"The Company is redeeming its 2026 Notes in full, which is a material capital structure event affecting debt obligations and investor returns. While this is a routine redemption (not a covenant breach or going-concern issue), the full redemption of a debt instrument is material to investors assessing the registrant's financial position and liquidity. This does not fit neatly into the more specific event categories (e.g., it is not a restatement, impairment, or M\u0026A activity), so \"other_material\" is the appropriate classification.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-21T02:51:16.683070+00:00","company_name":"Travel \u0026 Leisure Co.","ticker":"TNL","filing_date":"2026-05-20"}]}