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.
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
Grant/Award: 55 shares
Grant/Award
1 txn
Insider
Galligan Mary E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 55 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 4,945 shares (Direct)
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.