Impactive files $86M Marriott Vacations sale notice
MARRIOTT VACATIONS WORLDWIDE Corp (VAC) has a notice of proposed resale under Rule 144 filed on behalf of Impactive Capital LP.
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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.
Key Figures
Key Terms
Rule 144 regulatory
aggregate market value financial
open market purchases financial
investment manager financial
FAQ
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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)?
AI-generated analysis. How Rhea-AI works. Not financial advice.