[Form 4] MARRIOTT VACATIONS WORLDWIDE Corp Insider Trading Activity
Rhea-AI Filing Summary
William Joseph Shaw, a Director of Marriott Vacations Worldwide Corp (VAC), received 32 additional Non-Employee Director Share Awards on 10/01/2025. The awards were issued at $0 per share as dividend-equivalent awards and vest immediately upon issuance. After the transaction the Reporting Person beneficially owned 183,547 shares of common stock on a direct basis. The filing was signed by Harold Herman, Attorney-In-Fact on 10/02/2025. The filer elected to receive dividends on prior Non-Employee Director Share Awards in the form of additional awards payable in common stock, as described in the explanation section.
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Insights
Routine dividend-equivalent issuance added 32 shares to a director's holdings.
This Form 4 reports a 10/01/2025 acquisition of 32 shares issued as dividend-equivalent Non-Employee Director Share Awards at a stated price of $0. The filing shows the awards vest immediately, which is explicitly disclosed in the explanation. The director's direct beneficial holdings increased to 183,547 shares.
The disclosure is procedural and documents compensation alignment between the director and shareholders through equity-linked dividend elections; no cash purchase or exercised options are reported.
Board compensation was paid in stock via an elected dividend-deferral mechanism.
The reporting person elected to receive dividends on Non-Employee Director Share Awards as additional share awards that vest immediately and are payable in common stock. This approach is a common governance practice to align director incentives with shareholder interests and is explicitly stated in the filing.