Marriott Vacations (VAC) interim CEO Avril acquires 38 shares in stock dividend
Rhea-AI Filing Summary
Marriott Vacations Worldwide director and interim CEO Matthew E. Avril reported a small stock acquisition through dividend equivalents. On 01/07/2026, he acquired 38 shares of common stock at a price of $0 per share by electing to receive dividends on his Non-Employee Director Share Awards in the form of additional share awards. These additional awards vest immediately upon issuance and are payable in common stock as specified in his deferral election. Following this transaction, he directly beneficially owned 58,019 shares of Marriott Vacations Worldwide common stock.
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FAQ
What insider transaction did Matthew E. Avril report at Marriott Vacations Worldwide (VAC)?
Matthew E. Avril reported acquiring 38 shares of Marriott Vacations Worldwide common stock on 01/07/2026. The transaction was coded as an acquisition of non-derivative securities.
How did the 38 Marriott Vacations Worldwide (VAC) shares reported by Avril arise?
The 38 shares resulted from Avril electing to receive dividends on his Non-Employee Director Share Awards in the form of additional share awards, which are payable in common stock.
What is Matthew E. Avril’s total Marriott Vacations Worldwide (VAC) ownership after this transaction?
After the reported acquisition, Matthew E. Avril beneficially owned 58,019 shares of Marriott Vacations Worldwide common stock in direct ownership.
Was cash paid for the 38 Marriott Vacations Worldwide (VAC) shares acquired by Avril?
No cash was paid for these shares; the filing shows a price of $0 per share, reflecting shares credited as dividend equivalents on director share awards.
What roles does Matthew E. Avril hold at Marriott Vacations Worldwide (VAC)?
The filing identifies Avril as both a director and an officer, with the remarks specifying his title as Interim President and Chief Executive Officer.
Do the additional Non-Employee Director Share Awards at VAC vest immediately?
Yes. The footnote states that the additional Non-Employee Director Share Awards vest immediately upon issuance and are payable in common stock as specified in the deferral election.