Marriott Vacations (VAC) director adds 97-share award via dividend election
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ANDREWS CHARLES ELLIOTT reported acquisition or exercise transactions in this Form 4 filing.
Marriott Vacations Worldwide director Charles Elliott Andrews received 97 shares of common stock as a grant. The shares were awarded at no cost and increased his direct holdings to 44,715 shares. The grant reflects his election to take dividends on prior director share awards in the form of additional share awards that vest immediately and are payable in common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ANDREWS CHARLES ELLIOTT
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 97 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 44,715 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 97 shares
Grant price per share: $0.00 per share
Shares held after transaction: 44,715 shares
+1 more
4 metrics
Shares granted
97 shares
Non-derivative stock grant on June 10, 2026
Grant price per share
$0.00 per share
Non-employee director share award
Shares held after transaction
44,715 shares
Direct ownership following grant
Transactions acquiring shares
1 transaction
Form 4 summary acquireCount
Key Terms
Non-Employee Director Share Awards, vest immediately upon issuance, deferral election
3 terms
vest immediately upon issuance financial
"Such additional awards vest immediately upon issuance and are payable in common stock"
deferral election financial
"payable in common stock as specified by the Reporting Person at the time of the deferral election"
FAQ
What insider transaction did VAC director Charles Elliott Andrews report?
Charles Elliott Andrews reported receiving a grant of 97 Marriott Vacations Worldwide common shares. The award was a non-cash acquisition tied to his non-employee director share awards, reflecting compensation rather than an open-market stock purchase or sale.
Was the Andrews Form 4 transaction for VAC a stock purchase or a grant?
The Form 4 for VAC shows a stock grant, not a purchase. Andrews acquired 97 common shares at a price of $0.00 per share as a non-employee director award related to his election on how to receive dividends.