VAC CEO granted 112,184 stock appreciation rights

Marriott Vacations Worldwide Corp chief executive officer Matthew E. Avril received a grant of stock appreciation rights on March 4, 2026.

Rhea-AI Filing Summary

Marriott Vacations Worldwide Corp chief executive officer Matthew E. Avril received a grant of stock appreciation rights on March 4, 2026. The award covers 112,184 stock appreciation rights, each tied to one share of common stock, with a conversion or exercise price of $68.025 and an expiration date of March 4, 2036.

The rights vest in three equal installments over the three‑year period beginning on February 15, 2027, meaning the award is earned gradually rather than all at once. Following this grant, Avril holds 112,484 stock appreciation rights in total. This amended Form 4 corrects an earlier administrative error that had reported an incorrect conversion or exercise price, and it states that no other changes are being reported.

Insider Trade Summary

Grant/Award: 112,184 shares

Grant/Award 1 txn

Insider Avril Matthew E

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock Appreciation Right	112,184	$0.00	$0.00

Holdings After Transaction: Stock Appreciation Right — 112,484 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 three equal installments over the three-year period beginning on February 15, 2027.

FAQ

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

What insider transaction did Marriott Vacations Worldwide (VAC) report for its CEO?

Marriott Vacations Worldwide reported that CEO Matthew E. Avril received a grant of 112,184 stock appreciation rights on March 4, 2026. These rights function as equity-based compensation tied to the company’s common stock and align his interests with long-term shareholder value.

Why did Marriott Vacations Worldwide (VAC) file an amended Form 4/A for its CEO?

The amended Form 4/A corrects an administrative error in the previously reported conversion or exercise price of a stock appreciation right granted on March 4, 2026. The filing clarifies the correct price as $68.025 and states there are no other changes in this amendment.

What are the key terms of the stock appreciation rights granted to VAC’s CEO?

The CEO was granted 112,184 stock appreciation rights with a conversion or exercise price of $68.025 and an expiration date of March 4, 2036. Each right relates to one share of common stock, providing potential value if the stock price rises above that level.

How do the CEO’s stock appreciation rights at VAC vest over time?

The stock appreciation rights vest in three equal installments over three years, starting February 15, 2027. This means the award becomes exercisable gradually, encouraging long-term retention and performance rather than offering immediate, fully vested compensation.

How many stock appreciation rights does the VAC CEO hold after this grant?

After the March 4, 2026 grant, CEO Matthew E. Avril holds a total of 112,484 stock appreciation rights. This total reflects the newly granted 112,184 rights plus preexisting derivative awards, as reported in the amended insider ownership figures.

Is the CEO’s stock appreciation right grant at VAC an open-market purchase or sale?

The reported transaction is a grant of stock appreciation rights classified as a derivative award, not an open-market purchase or sale. It represents equity-based compensation from the company rather than a trade the CEO executed in the public market.

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

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Accepted by SEC EDGAR 03/12/2026 - 12:08 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

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^*

Avril Matthew E

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

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		112,184		(2)	03/04/2036	Common Stock	112,184	$0	112,484	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 three equal installments over the three-year period beginning on February 15, 2027.

Remarks:

	/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.