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Marriott Vacations (VAC) amends Form 4 for 2,800 SAR grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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*
Pighini Kathleen A.

(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 2,800 (2) 03/04/2036 Common Stock 2,800 $0 2,800 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:
Title: Senior Vice President, Corporate Controller and Chief Accounting Officer
/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.

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.

How many shares are covered by Kathleen Pighini’s stock appreciation rights at Marriott Vacations (VAC)?

The grant covers 2,800 stock appreciation rights, each tied to one share of Marriott Vacations Worldwide common stock. Following the transaction, 2,800 derivative securities are reported as held, reflecting the full size of this single compensation-related award.

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.
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