Marriott Vacations (NYSE: VAC) director adds shares through stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marriott Vacations Worldwide Corp director Mary E. Galligan received 55 shares of common stock as a grant or award. The shares were acquired at no cost and increased her direct holdings to 4,945 shares. According to the disclosure, the additional shares reflect dividends on prior non-employee director share awards taken in stock rather than cash and vest immediately upon issuance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Galligan Mary E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 55 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,945 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did VAC director Mary E. Galligan report?
Director Mary E. Galligan reported acquiring 55 shares of Marriott Vacations Worldwide common stock as a grant or award. The shares were received at no cost and relate to her non-employee director share awards, increasing her direct holdings to 4,945 shares.
Was the VAC Form 4 transaction a market purchase or sale?
The transaction was not a market purchase or sale. It is coded as a grant or award acquisition, reflecting additional shares issued at a price of $0.00 per share as dividend-equivalent non-employee director share awards, rather than an open-market trade.
Does this VAC Form 4 indicate any derivative or option exercises?
No. The filing shows only a non-derivative acquisition of common stock through a grant or award. The derivative holdings section is empty, and the transaction summary lists no option exercises, gifts, tax withholding, or restructuring-related derivative transactions.