VAC officer granted stock and SAR awards

MARRIOTT VACATIONS WORLDWIDE Corp officer Stephanie Sobeck Butera reported equity awards on Common Stock and Stock Appreciation Rights.

Rhea-AI Filing Summary

MARRIOTT VACATIONS WORLDWIDE Corp officer Stephanie Sobeck Butera reported equity awards on Common Stock and Stock Appreciation Rights. She acquired 12,726 Stock Appreciation Rights and a grant of 3,291 shares of Common Stock on a grant or award basis, both at a stated price of $0.00 per share.

The footnote states that the Stock Appreciation Rights vest in four equal installments over a four-year period beginning on February 15, 2027, meaning the award becomes exercisable gradually over time rather than all at once.

Insider Trade Summary

Grant/Award: 16,017 shares

Grant/Award 2 txns

Insider Butera Stephanie Sobeck

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Stock Appreciation Right	12,726	$0.00	$0.00
Grant/Award	Common Stock	3,291	$0.00	$0.00

Holdings After Transaction: Stock Appreciation Right — 12,726 contracts (Direct); Common Stock — 11,585 shares (Direct)

Footnotes (1)

1. F1. Vests in four equal installments over the four-year period beginning on February 15, 2027.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did VAC officer Stephanie Sobeck Butera report on this Form 4?

She reported equity awards granted on March 4, 2026, including 12,726 Stock Appreciation Rights and 3,291 shares of Common Stock. Both were coded as grants or awards, reflecting compensation-related acquisitions rather than open-market purchases or sales.

What type of securities did Stephanie Sobeck Butera acquire in the latest VAC Form 4?

She acquired Stock Appreciation Rights and Common Stock. The filing shows 12,726 Stock Appreciation Rights and 3,291 Common Stock shares, each recorded as a grant or award with a transaction price of $0.00 per share and direct ownership.

How do the Stock Appreciation Rights granted to the VAC officer vest over time?

The Stock Appreciation Rights vest in four equal installments over four years. Vesting begins on February 15, 2027, so one-quarter of the award becomes exercisable each year, aligning compensation with multi-year service and performance periods.

What does the transaction code "A" mean in this VAC Form 4 filing?

The transaction code “A” indicates a grant, award, or other acquisition. In this case, it reflects the officer receiving 12,726 Stock Appreciation Rights and 3,291 Common Stock shares as compensation-related awards, not open-market buying activity.

Are the reported VAC equity awards held directly or indirectly by the officer?

They are reported as directly held. The Form 4 lists the ownership type as direct for both the Stock Appreciation Rights and the Common Stock grants, with no separate entity or indirect ownership structure referenced in the nature-of-ownership field.

How many VAC Common Stock shares does the officer hold after these Form 4 grants?

After the March 4, 2026 Common Stock grant, total directly held Common Stock is 11,585 shares. This figure reflects the updated ownership balance following the 3,291-share award reported in the filing’s non-derivative transaction table.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/06/2026 - 04:22 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

X

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^*

Butera Stephanie Sobeck

(Last) (First) (Middle)

7812 PALM PARKWAY

(Street)

ORLANDO FL 32836

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

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

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

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

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	03/04/2026		A		3,291(1)	A	$0	11,585	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
Stock Appreciation Right	$60.78	03/04/2026		A		12,726		(1)	03/04/2036	Common Stock	12,726	$0	12,726	D

Explanation of Responses:

1. Vests in four equal installments over the four-year period beginning on February 15, 2027.

Remarks:

The Reporting Person ceased to be an officer of the Issuer as of March 6, 2026.

	/s/ Harold Herman, Attorney-In-Fact	03/06/2026
	** 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.
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