Stock award for Marriott Vacations (VAC) officer corrected to $68.025
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Marriott Vacations Worldwide Corp reported that officer Jason P. Marino received a grant of stock appreciation rights on March 4, 2026 covering 63,629 shares of common stock. The rights have a conversion or exercise price of $68.025 per share and expire on March 4, 2036. The award vests in four equal installments over the four-year period beginning on February 15, 2027. This Form 4/A amendment corrects only the previously reported exercise price; all other terms remain unchanged.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Marino Jason P.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Right | 63,629 | $0.00 | -- |
Holdings After Transaction:
Stock Appreciation Right — 63,629 shares (Direct)
Footnotes (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. Vests in four equal installments over the four-year period beginning on February 15, 2027.
FAQ
What insider transaction did Marriott Vacations (VAC) report for Jason P. Marino?
Marriott Vacations reported that officer Jason P. Marino received a stock appreciation right grant on March 4, 2026 covering 63,629 shares of common stock, with no cash paid per right and a defined exercise price and term.
What is the exercise price of Jason P. Marino’s stock appreciation rights at Marriott Vacations (VAC)?
The stock appreciation rights granted to Jason P. Marino have a conversion or exercise price of $68.025 per share. This Form 4/A specifically corrects that price from a prior filing, stating that no other terms of the award are changed.
When do Jason P. Marino’s Marriott Vacations (VAC) stock appreciation rights vest?
The stock appreciation rights vest in four equal installments over a four-year period beginning on February 15, 2027. This means portions of the award become exercisable annually, rather than all at once, subject to continued eligibility under the plan.
What is the expiration date of the stock appreciation rights granted by Marriott Vacations (VAC)?
The stock appreciation rights granted to Jason P. Marino expire on March 4, 2036. After that expiration date, any unexercised portion of the award will lapse and no longer provide value based on Marriott Vacations’ common stock performance.
What change does this Form 4/A amendment for Marriott Vacations (VAC) make?
This Form 4/A corrects an administrative error in a prior filing by updating the conversion or exercise price of the March 4, 2026 stock appreciation right grant to $68.025 per share. The footnote explains that no other aspects of the award are revised.