Director Jonice Gray (VAC) awarded 2,913 Marriott Vacations shares as equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gray Jonice M reported acquisition or exercise transactions in this Form 4 filing.
Marriott Vacations Worldwide director Jonice M. Gray received a stock award rather than buying shares on the market. She was granted 2,913 shares of common stock at no cash cost as a non-employee director award. These units vest immediately but are payable in common stock on the third anniversary of the grant date. After this grant, she directly holds 17,369 shares, reflecting routine equity-based compensation rather than an open-market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gray Jonice M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,913 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 17,369 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 2,913 shares
Price per share: $0.00 per share
Shares after transaction: 17,369 shares
+2 more
5 metrics
Shares granted
2,913 shares
Non-employee director stock unit grant on May 18, 2026
Price per share
$0.00 per share
Equity award, no cash consideration
Shares after transaction
17,369 shares
Total direct holdings following grant
Transaction code
A
Grant, award, or other acquisition
Vesting and payout
Payable at 3rd anniversary
Vests immediately; settled in stock after three years
Key Terms
non-employee director stock units, Grant, award, or other acquisition, Form 4, vests immediately
4 terms
non-employee director stock units financial
"grant date of the award of non-employee director stock units."
Grant, award, or other acquisition regulatory
"transaction_code_description": "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
vests immediately financial
"Vests immediately and is payable in common stock"
FAQ
What insider transaction did Jonice M. Gray report for VAC on this Form 4?
Jonice M. Gray reported receiving a grant of 2,913 shares of Marriott Vacations Worldwide common stock. The award is classified as a non-employee director stock unit grant, with no cash paid per share and immediate vesting terms tied to board service.
Was the Jonice M. Gray VAC Form 4 transaction a market purchase or sale?
The transaction was not a market purchase or sale; it was a grant. Gray acquired 2,913 shares through a non-employee director stock unit award at a price of $0.00 per share, reflecting equity compensation rather than trading activity in the open market.
What are the vesting terms of the VAC non-employee director stock units granted to Jonice M. Gray?
The non-employee director stock units vest immediately but are payable later in common stock. Specifically, the units are scheduled to be settled in Marriott Vacations Worldwide common shares on the third anniversary of the grant date, according to the filing’s footnote disclosure.
Does the Jonice M. Gray Form 4 indicate any derivative or option exercises in VAC stock?
The Form 4 does not report any derivative or option exercises. It shows a single non-derivative transaction: a grant of 2,913 shares of Marriott Vacations Worldwide common stock as a non-employee director stock unit award, with no derivative positions listed afterward.