VAC director receives stock grant award
Marriott Vacations Worldwide Corp director Mary E. Galligan received 55 shares of common stock as a grant or award.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 55 | $0.00 | $0.00 |
Footnotes (1)
- F1. The Reporting Person elected to receive any dividends with respect to the Non-Employee Director Share Awards issued to the Reporting Person in the form of additional Non-Employee Director Share Awards. Such additional awards vest immediately upon issuance and are payable in common stock as specified by the Reporting Person at the time of the deferral election.
FAQ
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What insider transaction did VAC director Mary E. Galligan report?
Was the VAC Form 4 transaction a market purchase or sale?
Does this VAC Form 4 indicate any derivative or option exercises?
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