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Marriott Vacations (NYSE: VAC) grants 102,568 stock appreciation rights to officer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Marriott Vacations Worldwide reported that officer Michael Flaskey received a grant of stock appreciation rights covering 102,568 shares of common stock on March 4, 2026. The rights have a conversion or exercise price of $68.025 per share and expire on March 4, 2036.

This amended filing corrects an administrative error in a prior report that showed the wrong exercise price. The award vests in three equal installments over a three-year period beginning on February 15, 2027, reflecting a multi‑year, performance‑linked compensation structure rather than an open‑market share purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Flaskey Michael
Role See Remarks
Type Security Shares Price Value
Grant/Award Stock Appreciation Right 102,568 $0.00 --
Holdings After Transaction: Stock Appreciation Right — 102,568 shares (Direct)
Footnotes (1)
  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 three equal installments over the three-year period beginning on February 15, 2027.
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FAQ

What insider transaction did Marriott Vacations Worldwide (VAC) report?
Marriott Vacations Worldwide reported that officer Michael Flaskey received a grant of 102,568 stock appreciation rights on March 4, 2026. These rights are linked to the company’s common stock and form part of his equity-based compensation package.

What is the exercise price of Michael Flaskey’s stock appreciation rights at VAC?
The stock appreciation rights granted to Michael Flaskey have a conversion or exercise price of $68.025 per share. This amended report corrects an earlier administrative error that listed an incorrect exercise price for the same March 4, 2026 grant.

How and when do Michael Flaskey’s stock appreciation rights at VAC vest?
The stock appreciation rights granted to Michael Flaskey vest in three equal installments over three years. Vesting begins on February 15, 2027, so one-third becomes exercisable each year during that three-year vesting schedule, encouraging longer-term alignment with company performance.

Why did Marriott Vacations Worldwide file an amended Form 4 for VAC?
The company filed an amended Form 4 because a previous report showed the wrong exercise price for the March 4, 2026 stock appreciation right grant. This amendment clarifies that the correct conversion or exercise price is $68.025, with no other changes to the reported award.

Does the VAC Form 4/A reflect a stock purchase or sale by Michael Flaskey?
The Form 4/A reflects a grant of stock appreciation rights, not an open-market purchase or sale of shares. It records an equity-based compensation award with 102,568 underlying common shares, exercisable at $68.025 and vesting over three years starting February 15, 2027.
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*
Flaskey Michael
(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 102,568 (2) 03/04/2036 Common Stock 102,568 $0 102,568 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:
Title: President and Chief Operating 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.

Source: View Original Filing on SEC EDGAR