Marriott Vacations (VAC) amends Form 4 for 2,800 SAR grant
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Marriott Vacations Worldwide Corp officer Kathleen A. Pighini reported a grant of stock appreciation rights covering 2,800 shares of common stock on March 4, 2026. These rights have a conversion or exercise price of $68.025 and expire on March 4, 2036.
This Form 4/A is an amendment that corrects the previously reported exercise price for this March 4, 2026 grant; the filing states there are no other changes. The award vests in four equal installments over the four-year period beginning on February 15, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pighini Kathleen A.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Right | 2,800 | $0.00 | -- |
Holdings After Transaction:
Stock Appreciation Right — 2,800 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 Kathleen A. Pighini?
Marriott Vacations Worldwide reported that officer Kathleen A. Pighini received a grant of stock appreciation rights covering 2,800 shares of common stock, effective March 4, 2026. These are compensation-related derivative awards rather than open-market share purchases or sales.
What conversion or exercise price was set for Kathleen Pighini’s stock appreciation rights at Marriott Vacations (VAC)?
The stock appreciation rights granted to Kathleen Pighini on March 4, 2026 carry a conversion or exercise price of $68.025 per share. The Form 4/A specifically corrects this price from a previously misreported amount and states there are no other changes.
Why did Marriott Vacations (VAC) file an amended Form 4/A for Kathleen Pighini?
The amended Form 4/A corrects an administrative error in the original Form 4 filed March 6, 2026. That filing reported an incorrect conversion or exercise price; the amendment clarifies the correct price is $68.025 and notes no other changes were made.
What is the vesting schedule for Kathleen Pighini’s stock appreciation rights at Marriott Vacations (VAC)?
The stock appreciation rights vest in four equal installments over four years, beginning on February 15, 2027. This means one-quarter of the award becomes exercisable each year over that period, aligning vesting with longer-term service and performance.
When do Kathleen Pighini’s Marriott Vacations (VAC) stock appreciation rights expire?
The stock appreciation rights granted on March 4, 2026 are scheduled to expire on March 4, 2036. This ten-year term provides a long window during which vested portions of the award may be exercised, subject to the company’s plan rules and any applicable conditions.