Marriott Vacations officer granted 12,726 SARs

Marriott Vacations Worldwide reported that officer Stephanie Sobeck Butera received a grant of 12,726 stock appreciation rights on March 4, 2026.

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.

Insider Trade Summary

Grant/Award: 12,726 shares

Grant/Award 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 contracts (Direct)

Footnotes (2)

1. 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.
2. F2. Vests in four equal installments over the four-year period beginning on February 15, 2027.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/12/2026 - 12:09 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Butera Stephanie Sobeck

(Last) (First) (Middle)

7812 PALM PARKWAY

(Street)

ORLANDO FL 32836

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MARRIOTT VACATIONS WORLDWIDE Corp [ VAC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Appreciation Right	$68.025(1)	03/04/2026		A		12,726		(2)	03/04/2036	Common Stock	12,726	$0	12,726	D

Explanation of Responses:

1. 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.

2. Vests in four equal installments over the four-year period beginning on February 15, 2027.

Remarks:

The Reporting Person ceased to be an officer of the Issuer as of March 6, 2026.

	/s/ Harold Herman, Attorney-In-Fact	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.