Marriott Vacations exec reports tax share withholding
Marriott Vacations Worldwide Corp executive 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 373 | $56.08 | $21K |
Footnotes (2)
- F1. Shares withheld by the Company for the payment of tax liability.
- F2. 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).
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Bukkapatnam Raman report in the latest Form 4 for VAC?
Does the Form 4 for VAC show an open-market sale by Bukkapatnam Raman?
What does transaction code "F" mean in the Marriott Vacations (VAC) Form 4?
How was the ESPP purchase referenced in the Marriott Vacations (VAC) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.