Stock awards granted to Marriott Vacations (VAC) executive

Rhea-AI Filing Summary

Marriott Vacations Worldwide executive Tony M. Walker received new equity awards as part of his compensation. He was granted 19,086 stock appreciation rights tied to common stock at an exercise price of $70.379 per share, expiring on March 19, 2036, and 4,936 shares of common stock.

The stock appreciation rights vest in four approximately equal installments over a four-year period beginning on March 19, 2027. After these awards, Walker holds 19,086 stock appreciation rights and 4,936 shares of common stock directly.

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

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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^*

Walker Tony M.

(Last) (First) (Middle)

7812 PALM PKWY

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/19/2026		A		4,936(1)	A	$0	4,936	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	$70.379	03/19/2026		A		19,086		(1)	03/19/2036	Common Stock	19,086	$0	19,086	D

Explanation of Responses:

1. Vests in four approximately equal installments over the four-year period beginning on March 19, 2027.

Remarks:

Title: Executive Vice President and Chief Sales and Marketing Officer

	/s/ Harold Herman, Attorney-In-Fact	03/24/2026
	** 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)

FAQ

What equity awards did Tony M. Walker receive at Marriott Vacations (VAC)?

Tony M. Walker received 19,086 stock appreciation rights and 4,936 shares of common stock. These awards are part of his compensation and give him additional exposure to Marriott Vacations Worldwide’s stock performance over time.

What is the exercise price of Tony M. Walker’s stock appreciation rights at VAC?

The stock appreciation rights granted to Tony M. Walker have an exercise price of $70.379 per share. This means value is realized only if Marriott Vacations Worldwide’s stock trades above that level before the rights expire in 2036.

When do Tony M. Walker’s Marriott Vacations stock appreciation rights vest?

The stock appreciation rights vest in four approximately equal installments over a four-year period beginning on March 19, 2027. This schedule encourages long-term retention and aligns Walker’s incentives with Marriott Vacations Worldwide’s future performance.

How many Marriott Vacations common shares does Tony M. Walker hold after this Form 4?

Following the reported grant, Tony M. Walker holds 4,936 shares of Marriott Vacations Worldwide common stock directly. This position reflects only the holdings disclosed in this Form 4 and does not include the underlying shares from his stock appreciation rights.

How many stock appreciation rights does Tony M. Walker hold in VAC after the grant?

After the transaction, Tony M. Walker holds 19,086 stock appreciation rights tied to Marriott Vacations Worldwide common stock. These rights expire on March 19, 2036 and can deliver value if the stock price exceeds the $70.379 exercise price.

Is Tony M. Walker’s Form 4 transaction in VAC a purchase or a grant?

The Form 4 reports grant or award acquisitions, not open-market purchases. Tony M. Walker received stock appreciation rights and common shares as compensation, with no cash purchase, reflecting an equity-based incentive rather than a market trade.