Marriott Vacations (NYSE: VAC) links CFO stock grant to price targets

Rhea-AI Filing Summary

Marino Jason P. reported acquisition or exercise transactions in this Form 4 filing.

MARRIOTT VACATIONS WORLDWIDE Corp reported that Executive Vice President and Chief Financial Officer Jason P. Marino received a grant of 18,750 performance stock units on common stock. These units vest on December 31, 2028, or June 30, 2029, as applicable, and the payout can range from 0% to 200% of the target based on specified stock price performance goals. Following this grant, Marino holds 18,750 performance stock units directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Marino Jason P.

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Performance Stock Unit F1	18,750	$0.00	$0.00

Holdings After Transaction: Performance Stock Unit — 18,750 shares (Direct)

Footnotes (1)

1. F1. Represents restricted stock units granted at a target level and vests on December 31, 2028, or June 30, 2029, as applicable, and to be distributed following the Issuer's certification of performance. The actual number of shares of common stock that may be earned will range from 0% to 200% of the target number based on the achievement of specified stock price performance goals over the applicable performance period.

Key Figures

Performance stock units granted: 18,750 units Underlying common stock at maximum payout: 37,500 shares Performance payout range: 0%–200% of target +3 more

6 metrics

Performance stock units granted 18,750 units Grant on 2026-08-17 to Jason P. Marino

Underlying common stock at maximum payout 37,500 shares Underlying common shares if 200% of target is earned

Performance payout range 0%–200% of target Range of shares that may be earned based on stock price goals

Vesting date (first applicable) December 31, 2028 One of the potential vesting dates for the performance stock units

Vesting date (second applicable) June 30, 2029 Alternate vesting date, as applicable under the award terms

Post-transaction performance stock units held 18,750 units Direct holdings of performance stock units following the reported grant

Key Terms

Performance Stock Unit, restricted stock units, stock price performance goals

3 terms

Performance Stock Unit financial

"security_title: Performance Stock Unit"

A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.

restricted stock units financial

"Represents restricted stock units granted at a target level"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

stock price performance goals financial

"based on the achievement of specified stock price performance goals"

FAQ

What equity award did VAC grant to Jason P. Marino in this Form 4?

VAC granted Jason P. Marino 18,750 performance stock units tied to the company’s common stock. These units are a performance-based equity award whose payout will depend on achieving specified stock price performance goals over the applicable performance period.

How many VAC common shares can Jason P. Marino potentially receive from this award?

The award covers an underlying maximum of 37,500 shares of VAC common stock at 200% of target. The actual number distributed will vary from 0% to 200% of the 18,750 target units, based on stock price performance goals.

When do Jason P. Marino’s new VAC performance stock units vest?

The performance stock units vest on December 31, 2028, or June 30, 2029, as applicable. Distribution of any common shares occurs after the company certifies performance against the specified stock price performance goals for the applicable performance period.

What performance conditions apply to Jason P. Marino’s VAC equity grant?

The grant’s payout depends on stock price performance goals over the performance period. After VAC certifies performance, the actual shares delivered may range from 0% to 200% of the 18,750 target units, up to an underlying 37,500 common shares.

How many VAC performance stock units does Jason P. Marino hold after this transaction?

After this grant, Jason P. Marino directly holds 18,750 performance stock units. These units represent a performance-based right to receive VAC common shares in the future, subject to vesting and achievement of the stock price performance goals described in the award terms.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/18/2026 - 09:01 AM Accepted by SEC EDGAR 08/18/2026 - 09:00 AM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Marino Jason P.

(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)

	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)
08/17/2026

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

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
Performance Stock Unit	(1)	08/17/2026		A		18,750(1)		(1)	(1)	Common Stock	37,500(1)	$0	18,750(1)	D

Explanation of Responses:

1. Represents restricted stock units granted at a target level and vests on December 31, 2028, or June 30, 2029, as applicable, and to be distributed following the Issuer's certification of performance. The actual number of shares of common stock that may be earned will range from 0% to 200% of the target number based on the achievement of specified stock price performance goals over the applicable performance period.

Remarks:

Title: Executive Vice President and Chief Financial Officer

	/s/ Harold Herman, Attorney-In-Fact	08/18/2026
	** 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)