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Director Jonice Gray (VAC) awarded 2,913 Marriott Vacations shares as equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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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)
  1. [object Object]
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
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"
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Gray Jonice M

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/18/2026A2,913(1)A$017,369D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Vests immediately and is payable in common stock on the third anniversary of the grant date of the award of non-employee director stock units.
Remarks:
/s/ Harold Herman, Attorney-In-Fact05/19/2026
** Signature of Reporting PersonDate
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 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.

How many Marriott Vacations Worldwide shares does Jonice M. Gray hold after the grant?

Following the reported grant, Jonice M. Gray directly holds 17,369 shares of common stock. This figure includes the 2,913 shares acquired through the non-employee director stock unit award reported in this Form 4 filing for Marriott Vacations Worldwide.

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.