Director Jonice M. Gray takes 438 VAC shares in fee-deferral grant

Rhea-AI Filing Summary

Gray Jonice M reported acquisition or exercise transactions in this Form 4 filing.

Marriott Vacations Worldwide director Jonice M. Gray received 438 shares of common stock as a grant under the company’s 2020 Equity Incentive Plan. The shares were issued in lieu of cash fees for Board service, are fully vested at grant, and bring her direct holdings to 14,318 shares.

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^*

Gray Jonice M

(Last) (First) (Middle)

7812 PALM PARKWAY

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

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	03/17/2026		A		438(1)	A	$0	14,318	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 issued under the Marriott Vacations Worldwide Corporation 2020 Equity Incentive Plan pursuant to the deferral by the Reporting Person of fees payable for service as a member of the Board of Directors of Marriott Vacations Worldwide Corporation. Fully vested at the date of grant and payable in common stock as specified by the Reporting Person at the time of the deferral election.

Remarks:

	/s/ Harold Herman, Attorney-In-Fact	03/18/2026
	** 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).
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 insider transaction did Marriott Vacations Worldwide (VAC) report for Jonice M. Gray?

Marriott Vacations Worldwide reported that director Jonice M. Gray acquired 438 shares of common stock. These shares were granted as part of her Board compensation instead of cash fees and are fully vested on the grant date under the company’s 2020 Equity Incentive Plan.

Was Jonice M. Gray’s Form 4 transaction in VAC stock an open-market purchase?

No, Jonice M. Gray’s Form 4 transaction was not an open-market purchase. The 438 VAC shares were issued as a stock grant in lieu of cash Board fees under the 2020 Equity Incentive Plan, with a reported price per share of $0.0000 on the award.

How many Marriott Vacations Worldwide (VAC) shares does Jonice M. Gray hold after this grant?

After the reported grant, Jonice M. Gray directly holds 14,318 shares of Marriott Vacations Worldwide common stock. This total includes the 438 fully vested shares issued pursuant to her deferral of Board fees under the company’s 2020 Equity Incentive Plan.

What plan governed the VAC share grant to director Jonice M. Gray?

The share grant was made under the Marriott Vacations Worldwide Corporation 2020 Equity Incentive Plan. The 438 shares were issued because Gray deferred cash fees for her Board service, choosing fully vested common stock payable as specified in her deferral election.

How are the 438 VAC shares granted to Jonice M. Gray structured for vesting and payment?

The 438 VAC shares granted to Jonice M. Gray are fully vested on the grant date. They are payable in common stock as specified by her at the time of her deferral election, replacing cash fees otherwise payable for serving on the Board of Directors.