Was the Form 4 transaction for VAC a stock purchase or a share grant?

The Form 4 transaction was a share grant, not a market purchase. The filing classifies it as a grant or award acquisition, with 24 shares of common stock received at a reported price of $0.0000 per share, reflecting compensation rather than an open-market trade.

Why did William Joseph Shaw receive additional VAC shares related to dividends?

Shaw elected to receive dividends on his Non-Employee Director Share Awards in the form of additional share awards. These dividend-based awards vest immediately upon issuance and are payable in common stock, as specified by him in his original deferral election.

Do the additional VAC director share awards vest immediately?

Yes. The footnote explains that the additional Non-Employee Director Share Awards issued in respect of dividends vest immediately upon issuance. They are then payable in common stock according to the director’s choices made at the time of the deferral election.

Marriott Vacations (VAC) director William Shaw receives 24-share stock award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

SHAW WILLIAM JOSEPH reported acquisition or exercise transactions in this Form 4 filing.

Marriott Vacations Worldwide director William Joseph Shaw received 24 shares of common stock as a grant tied to his Non-Employee Director Share Awards, with no cash purchase price. After this award, he directly holds 207,590 shares of the company’s common stock.

Insider Trade Summary

Net Buyer: 24 shares

Net Buy 1 txn

Insider SHAW WILLIAM JOSEPH

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	24	$0.00	$0.00

Holdings After Transaction: Common Stock — 207,590 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.

Key Figures

Shares granted: 24 shares Price per share: $0.0000 per share Shares owned after: 207,590 shares

3 metrics

Shares granted 24 shares Non-Employee Director Share Award grant on June 10, 2026

Price per share $0.0000 per share Reported for the 24-share director award grant

Shares owned after 207,590 shares Total direct common stock holdings after the grant

Key Terms

Non-Employee Director Share Awards, dividends, deferral election

3 terms

dividends financial

"elected to receive any dividends with respect to the Non-Employee Director Share Awards"

Dividends are cash payments a company gives to its shareholders from profits or cash reserves, effectively sharing part of its earnings with owners. They matter to investors because they provide a steady income stream, act like an interest or rent payment on owning the stock, and signal management’s confidence in the business—factors that influence total return and share price. Regular or special dividends can change an investor’s income and reinvestment strategy.

deferral election financial

"as specified by the Reporting Person at the time of the deferral election"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/11/2026 - 04:11 PM Accepted by SEC EDGAR 06/11/2026 - 04:10 PM

FAQ

What did Marriott Vacations Worldwide (VAC) director William Joseph Shaw report in this Form 4?

Director William Joseph Shaw reported receiving 24 shares of Marriott Vacations Worldwide common stock. The shares were granted in connection with his Non-Employee Director Share Awards, rather than bought on the open market, and increased his direct holdings to 207,590 shares.

How many Marriott Vacations Worldwide shares does William Joseph Shaw own after this transaction?

After this grant, William Joseph Shaw directly owns 207,590 shares of Marriott Vacations Worldwide common stock. This figure, reported in the Form 4, represents his total direct holdings following receipt of the additional 24-share director award.

Does the Form 4 indicate any derivative securities for William Joseph Shaw in VAC?

The filing’s derivative summary is empty, indicating no derivative securities such as options or warrants reported in this specific Form 4. The only transaction disclosed is the 24-share grant of Marriott Vacations Worldwide common stock as a director award.

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
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^*

SHAW WILLIAM JOSEPH

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

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

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/10/2026		A		24⁽¹⁾	A	$0	207,590	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

Remarks:

	/s/ Harold Herman, Attorney-In-Fact	06/11/2026
	** 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.
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)

Source: View Original Filing on SEC EDGAR