Marriott Vacations (VAC) officer granted 12,726 stock appreciation rights
Rhea-AI Filing Summary
Marriott Vacations Worldwide reported that officer Stephanie Sobeck Butera received a grant of 12,726 stock appreciation rights on March 4, 2026. These rights have a conversion or exercise price of $68.025 and expire on March 4, 2036.
The award relates to an equivalent number of shares of common stock and vests in four equal installments over a four-year period beginning on February 15, 2027. This Form 4/A amends a prior report solely to correct the previously misstated conversion or exercise price, with no other changes to the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Butera Stephanie Sobeck
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Right | 12,726 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Appreciation Right — 12,726 shares (Direct)
Footnotes (2)
- F1. On March 6, 2026, due to an administrative error, the reporting person filed a Form 4 which reported the incorrect conversion or exercise price of the stock appreciation right granted on March 4, 2026. As reported in this amendment, the correct conversion or exercise price is $68.025. There are no other changes reported in this amendment.
- F2. Vests in four equal installments over the four-year period beginning on February 15, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did Marriott Vacations Worldwide (VAC) report in this Form 4/A?
Marriott Vacations Worldwide reported a grant of stock appreciation rights to an officer. Stephanie Sobeck Butera received 12,726 stock appreciation rights tied to common stock, reflecting a compensation-related equity award rather than an open-market stock purchase or sale.
How many stock appreciation rights were granted to the Marriott Vacations Worldwide (VAC) officer?
The officer was granted 12,726 stock appreciation rights. Each right is linked to one share of common stock, giving exposure to 12,726 underlying shares as part of her compensation package, with all rights reported as directly owned following the transaction.
What is the exercise price and term of the Marriott Vacations Worldwide (VAC) stock appreciation rights?
The stock appreciation rights have a $68.025 exercise price and a 10-year term. They were granted on March 4, 2026 and expire on March 4, 2036, providing long-dated equity-linked incentive compensation for the reporting officer.
How do the Marriott Vacations Worldwide (VAC) stock appreciation rights vest?
The stock appreciation rights vest in four equal installments. Vesting occurs over a four-year period beginning on February 15, 2027, meaning portions of the 12,726 rights become exercisable annually, aligning compensation with multi-year service and performance.
What change does this Form 4/A amendment disclose for Marriott Vacations Worldwide (VAC)?
The amendment corrects the previously reported exercise price of the award. A prior filing listed an incorrect conversion or exercise price; this amendment states the correct $68.025 price and specifies that no other aspects of the March 4, 2026 grant have changed.