Dividend-based stock award lifts Marriott Vacations (VAC) director holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marriott Vacations Worldwide Corp director Stephen R. Quazzo reported a stock award tied to dividends. On 2026-03-18, he acquired 31 shares of common stock at $0.00 per share through a grant categorized as a non-employee director share award. A footnote explains he elected to receive dividends on these director awards in the form of additional share awards, which vest immediately upon issuance and are payable in common stock. Following this grant, he directly holds 24,157 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
QUAZZO STEPHEN R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 24,157 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did VAC director Stephen R. Quazzo report?
Stephen R. Quazzo reported receiving 31 shares of Marriott Vacations Worldwide common stock as a grant. The transaction is classified as a non-derivative acquisition related to non-employee director share awards, with no cash price per share, reflecting stock-based compensation rather than a market purchase.
Was the Marriott Vacations (VAC) insider transaction a stock purchase or an award?
The transaction was an award, not an open-market stock purchase. It is coded as a grant or award acquisition, with 31 common shares received at a stated price of zero, tied to the company’s non-employee director share award program and associated dividend election.