Marriott Vacations (NYSE: VAC) director adds shares through stock grant

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.

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

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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^*

Galligan Mary E

(Last) (First) (Middle)

7812 PALM PARKWAY

(Street)

ORLANDO FLORIDA 32836

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MARRIOTT VACATIONS WORLDWIDE Corp [ VAC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	03/18/2026		A		55(1)	A	$0	4,945	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. 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.

Remarks:

	/s/ Harold Herman, Attorney-In-Fact	03/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

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.

How did Mary E. Galligan receive additional VAC shares in this Form 4?

She elected to receive dividends on her non-employee director share awards in the form of additional share awards, rather than cash. These dividend-equivalent awards vest immediately upon issuance and are then payable in Marriott Vacations Worldwide common stock under her prior deferral election.

What is Mary E. Galligan’s VAC share ownership after this Form 4?

After this reported transaction, Mary E. Galligan directly owns 4,945 shares of Marriott Vacations Worldwide common stock. The filing shows a single acquisition of 55 shares, a relatively small addition to her existing direct position as a non-employee director.

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.

Do the additional VAC director share awards vest immediately?

Yes. The footnote explains that the additional non-employee director share awards, received in lieu of cash dividends, vest immediately upon issuance. They are then payable in Marriott Vacations Worldwide common stock according to the director’s prior deferral election instructions.

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.