Marriott Vacations Worldwide (VAC) director reports dividend-based share awards
Rhea-AI Filing Summary
Marriott Vacations Worldwide director William Joseph Shaw reported a small increase in his holdings through a share-based dividend election. On January 7, 2026, he acquired 35 shares of common stock at $0 per share, reflecting dividends received in the form of additional non-employee director share awards. These additional awards vest immediately upon issuance and are payable in common stock as specified by him at the time of his prior deferral election. After this transaction, he beneficially owned 203,582 shares of Marriott Vacations Worldwide common stock in direct form.
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FAQ
What did Marriott Vacations Worldwide (VAC) disclose in this insider report?
The company disclosed that director William Joseph Shaw acquired 35 shares of Marriott Vacations Worldwide common stock on January 7, 2026 through a dividend-related share award.
How many VAC shares does William Joseph Shaw own after this transaction?
Following the reported transaction, William Joseph Shaw beneficially owned 203,582 shares of Marriott Vacations Worldwide common stock in direct ownership.
What was the price paid per Marriott Vacations Worldwide (VAC) share in this Form 4?
The 35 shares of Marriott Vacations Worldwide common stock were acquired at a reported price of $0 per share, reflecting share-based dividend awards rather than an open-market purchase.
What is the nature of the shares acquired by the VAC director in this filing?
The shares arise from Non-Employee Director Share Awards, where the director elected to receive dividends in the form of additional share awards that vest immediately upon issuance and are payable in common stock.
Is this VAC insider transaction a purchase on the open market?
No. The 35 shares reported were received as additional Non-Employee Director Share Awards linked to dividends, not as an open-market purchase.
Who is the reporting person in this Marriott Vacations Worldwide (VAC) Form 4?
The reporting person is William Joseph Shaw, who is listed as a director of Marriott Vacations Worldwide Corp and filed the report as a single reporting person.