Marriott Vacations (VAC) executive receives new stock awards and SARs

Rhea-AI Filing Summary

Marriott Vacations Worldwide executive Kathleen A. Pighini received new equity awards in the form of stock appreciation rights and common shares. On March 4, 2026, she was granted 2,800 stock appreciation rights at an exercise price of $0.00 and 4,344 shares of common stock as awards, rather than open-market purchases.

The filing states that the stock appreciation rights vest in four equal installments over the four-year period beginning on February 15, 2027. Following the common stock grant, Pighini directly owned 13,321 shares of Marriott Vacations Worldwide common stock.

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)

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
Common Stock	03/04/2026		A		4,344(1)	A	$0	13,321	D

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	$60.78	03/04/2026		A		2,800		(1)	03/04/2036	Common Stock	2,800	$0	2,800	D

Explanation of Responses:

1. 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	03/06/2026
	** 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 did Kathleen A. Pighini acquire in this Marriott Vacations Worldwide (VAC) Form 4?

Kathleen A. Pighini received equity awards consisting of 2,800 stock appreciation rights and 4,344 shares of Marriott Vacations Worldwide common stock. These awards were reported as grants, not open-market purchases, and reflect part of her executive compensation package.

How do the stock appreciation rights granted to Kathleen A. Pighini at VAC vest?

The 2,800 stock appreciation rights granted to Kathleen A. Pighini vest in four equal installments over four years. Vesting begins on February 15, 2027, meaning one-quarter of the rights become exercisable each year during that four-year period.

Did Kathleen A. Pighini buy or sell Marriott Vacations Worldwide (VAC) shares on the market?

The Form 4 shows no market purchases or sales by Kathleen A. Pighini. Instead, it reports award-related acquisitions: 2,800 stock appreciation rights and 4,344 shares of common stock, both granted at a price of $0.00 per share as compensation.

How many Marriott Vacations Worldwide (VAC) shares does Kathleen A. Pighini own after these grants?

After receiving 4,344 shares of common stock as an award, Kathleen A. Pighini directly owns 13,321 Marriott Vacations Worldwide common shares. This total reflects her post-transaction direct holdings reported in the Form 4 filing for March 4, 2026.

What transaction code is used in Kathleen A. Pighini’s VAC Form 4, and what does it mean?

The transactions use code “A,” which indicates a grant, award, or other acquisition. In this case, it covers the award of 2,800 stock appreciation rights and 4,344 common shares to Kathleen A. Pighini as part of her executive compensation.