Tax-withholding share disposal at Marriott Vacations (NYSE: VAC)

Rhea-AI Filing Summary

Marriott Vacations Worldwide officer Lori M. Gustafson reported a small share disposal related to taxes. On February 17, 2026, 987 shares of common stock at $56.08 per share were withheld by the company to cover her tax liability, rather than sold on the open market. After this tax-withholding disposition, she directly holds 7,889 common shares of the company.

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^*

Gustafson Lori M.

(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)
02/17/2026

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	02/17/2026		F(1)		987	D	$56.08	7,889	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

Explanation of Responses:

1. Shares withheld by the Company for the payment of tax liability.

Remarks:

Title: Executive Vice President and Chief Membership and Commercial Services Officer

	/s/ Harold Herman, Attorney-In-Fact	02/18/2026
	** 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).
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FAQ

What insider transaction did Lori M. Gustafson report for VAC?

Lori M. Gustafson reported a tax-related share disposal. On February 17, 2026, 987 Marriott Vacations Worldwide common shares were withheld by the company to cover her tax liability, rather than being sold in an open-market transaction.

How many Marriott Vacations Worldwide (VAC) shares were withheld for taxes?

The company withheld 987 VAC common shares for taxes. These shares, valued at $56.08 each, were used to satisfy Lori M. Gustafson’s tax obligation tied to equity compensation, instead of requiring a separate cash payment.

Was the VAC insider transaction an open-market sale of shares?

No, it was not an open-market sale. The Form 4 shows a tax-withholding disposition, where 987 shares were retained by Marriott Vacations Worldwide to pay Lori M. Gustafson’s tax liability, rather than being sold to outside buyers.

How many VAC shares does Lori M. Gustafson hold after this transaction?

After the tax-withholding transaction, she directly holds 7,889 VAC common shares. This figure reflects her updated direct ownership position following the 987-share disposition used to satisfy her equity-related tax obligation.

What does transaction code F mean in the VAC Form 4 filing?

Transaction code F indicates shares used to pay taxes or exercise costs. In this case, 987 Marriott Vacations Worldwide shares were withheld by the company to satisfy Lori M. Gustafson’s tax liability associated with her stock-based compensation.