Marriott Vacations (VAC) corrects price on 30,542 stock appreciation rights
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Marriott Vacations Worldwide Corp executive John D. Fitzgerald received a grant of 30,542 stock appreciation rights on March 4, 2026. This amendment clarifies that the correct conversion or exercise price for the award is $68.025 per right. The rights relate to an equivalent number of shares of common stock, vest in four equal annual installments beginning on February 15, 2027, and expire on March 4, 2036. The amendment states there are no other changes to the previously reported grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fitzgerald John D.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Right | 30,542 | $0.00 | -- |
Holdings After Transaction:
Stock Appreciation Right — 30,542 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 John D. Fitzgerald?
Marriott Vacations reported a grant of 30,542 stock appreciation rights to executive John D. Fitzgerald. The award was granted on March 4, 2026, tied to common stock, and represents a compensation-related acquisition rather than an open-market purchase or sale of shares.
What exercise price applies to John D. Fitzgerald’s stock appreciation rights at Marriott Vacations (VAC)?
The stock appreciation rights granted to John D. Fitzgerald carry a conversion or exercise price of $68.025 per right. This Form 4/A corrects a prior filing that reported an incorrect price and confirms that no other terms of the original grant were changed.
How many stock appreciation rights were granted to the Marriott Vacations (VAC) insider?
John D. Fitzgerald was granted 30,542 stock appreciation rights linked to Marriott Vacations common stock. Each right corresponds to one underlying share, giving him potential future appreciation on 30,542 shares, subject to vesting and the specified $68.025 exercise price and expiration terms.
When do the Marriott Vacations (VAC) stock appreciation rights for John D. Fitzgerald vest?
The stock appreciation rights vest in four equal installments over four years, beginning on February 15, 2027. This means 25% of the award becomes exercisable each year on that date, creating a long-term incentive structure tied to continued service and company performance.
What is the expiration date of John D. Fitzgerald’s Marriott Vacations (VAC) stock appreciation rights?
The stock appreciation rights granted on March 4, 2026 expire on March 4, 2036. After that expiration date, any unexercised rights will lapse, so potential value can only be realized if the award vests and is exercised before that 10-year term ends.