Marriott Vacations (VAC) insider reports tax-related share withholding

Rhea-AI Filing Summary

Marriott Vacations Worldwide Corp executive reports tax-related share withholding. On the reported date, Bukkapatnam Raman disposed of 373 shares of common stock at an implied value of $56.08 per share to cover tax liabilities, as shares were withheld by the company rather than sold on the open market.

After this tax-withholding disposition, Raman directly held 8,441 common shares. The reported ending balance also reflects a prior acquisition of 1 share through the company’s 2015 Employee Stock Purchase Plan, which was purchased at 95% of the closing price on March 31, 2025.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bukkapatnam Raman

Role See Remarks

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	373	$56.08	$21K

Holdings After Transaction: Common Stock — 8,441 shares (Direct)

Footnotes (1)

1. Shares withheld by the Company for the payment of tax liability. The balance is revised to reflect the reporting person's acquisition of 1 share of the Issuer's common stock pursuant to the Issuer's 2015 Employee Stock Purchase Plan ("ESPP"). In accordance with the ESPP provisions, these shares were purchased based on 95% of the closing price of the Issuer's common stock on March 31, 2025. This transaction is exempt under Rule 16b-3(c).

Form 4 Insider Transactions: What Each Field Means →

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^*

Bukkapatnam Raman

(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)
02/17/2026

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	02/17/2026		F(1)		373	D	$56.08	8,441(2)	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

Explanation of Responses:

1. Shares withheld by the Company for the payment of tax liability.

2. The balance is revised to reflect the reporting person's acquisition of 1 share of the Issuer's common stock pursuant to the Issuer's 2015 Employee Stock Purchase Plan ("ESPP"). In accordance with the ESPP provisions, these shares were purchased based on 95% of the closing price of the Issuer's common stock on March 31, 2025. This transaction is exempt under Rule 16b-3(c).

Remarks:

Title: Executive Vice President and Chief Information Officer

	/s/ Harold Herman, Attorney-In-Fact	02/18/2026
	** 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 Bukkapatnam Raman report in the latest Form 4 for VAC?

Bukkapatnam Raman reported a tax-related disposition of 373 shares of Marriott Vacations Worldwide common stock. The shares were withheld by the company to satisfy tax liabilities rather than sold in the open market, and his direct holdings now total 8,441 shares.

How many Marriott Vacations (VAC) shares were withheld for taxes?

A total of 373 Marriott Vacations Worldwide common shares were withheld to cover tax liabilities. This transaction used a Form 4 code "F," which denotes payment of tax obligations by delivering or withholding securities instead of an open-market sale for cash.

What is Bukkapatnam Raman’s Marriott Vacations (VAC) share balance after the Form 4 transaction?

Following the tax-withholding transaction, Bukkapatnam Raman directly holds 8,441 shares of Marriott Vacations Worldwide common stock. This balance also incorporates a previously acquired 1 share through the company’s 2015 Employee Stock Purchase Plan, as described in the filing footnotes.

Does the Form 4 for VAC show an open-market sale by Bukkapatnam Raman?

The Form 4 does not show an open-market sale. Instead, it reports 373 shares withheld by Marriott Vacations Worldwide to pay tax liabilities, coded as "F" for tax-withholding disposition, which differs from voluntarily selling shares on the open market for proceeds.

What does transaction code "F" mean in the Marriott Vacations (VAC) Form 4?

Transaction code "F" indicates payment of an exercise price or tax liability by delivering or withholding securities. In this case, 373 Marriott Vacations Worldwide shares were withheld by the company to satisfy taxes, rather than being sold directly into the market by the insider.

How was the ESPP purchase referenced in the Marriott Vacations (VAC) Form 4?

The Form 4 footnote explains that the ending share balance includes 1 share acquired under the 2015 Employee Stock Purchase Plan. That ESPP share was bought at 95% of the closing price on March 31, 2025, and is exempt under Rule 16b-3(c).