Impactive Capital may sell 750,000 Marriott Vacations (VAC) shares
Rhea-AI Filing Summary
MARRIOTT VACATIONS WORLDWIDE Corp (VAC) has a notice of proposed resale under Rule 144 filed on behalf of Impactive Capital LP. The filing covers 750,000 shares of VAC common stock, $0.01 par value, to be sold through Goldman Sachs & Co. LLC on the NYSE. The shares have an aggregate market value of $86,280,000, and the notice states an approximate sale date of August 19, 2026. VAC had 34,395,320 shares outstanding as of the notice’s share-count reference. The shares were acquired in open market purchases between March 12 and March 18, 2024. Impactive Capital LP manages the funds holding these securities, and Christian Asmar, a managing member of Impactive GP, serves on VAC’s Board of Directors.
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Key Figures
Key Terms
Rule 144 regulatory
aggregate market value financial
open market purchases financial
investment manager financial
FAQ
What does the Form 144 filing mean for MARRIOTT VACATIONS WORLDWIDE Corp (VAC)?
What role does Christian Asmar have in relation to MARRIOTT VACATIONS WORLDWIDE (VAC)?
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