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Marriott Vacations (VAC) director adds 153 shares from dividend-based awards

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Marriott Vacations Worldwide director reports stock acquired through dividend election. Director Jonice M. Gray acquired 153 shares of Marriott Vacations Worldwide common stock on 01/07/2026 at a price of $0 per share, as part of a dividend election tied to Non-Employee Director Share Awards. According to the disclosure, the director chose to receive dividends on these prior share awards in the form of additional Non-Employee Director Share Awards, which vest immediately upon issuance and are payable in common stock based on the director’s earlier deferral election. Following this transaction, the director directly holds 13,880 shares of Marriott Vacations Worldwide common stock.

Positive

  • None.

Negative

  • None.
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*
Gray Jonice 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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/07/2026
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 01/07/2026 A 153(1) A $0 13,880 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. The Reporting Person elected to receive any dividends with respect to the Non-Employee Director Share Awards issued to the Reporting Person in the form of additional Non-Employee Director Share Awards. Such additional awards vest immediately upon issuance and are payable in common stock as specified by the Reporting Person at the time of the deferral election.
Remarks:
/s/ Harold Herman, Attorney-In-Fact 01/08/2026
** 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.

FAQ

What insider transaction did Marriott Vacations Worldwide (VAC) report?

The company reported that director Jonice M. Gray acquired 153 shares of Marriott Vacations Worldwide common stock on 01/07/2026 in a Form 4 filing.

At what price were the new Marriott Vacations Worldwide (VAC) shares acquired?

The 153 shares of common stock were acquired at a reported price of $0 per share, reflecting stock received as part of a director compensation-related election rather than an open-market purchase.

How many Marriott Vacations Worldwide (VAC) shares does the director own after this transaction?

After the reported transaction, director Jonice M. Gray directly beneficially owns 13,880 shares of Marriott Vacations Worldwide common stock.

Why did the Marriott Vacations Worldwide (VAC) director receive additional shares?

The director elected to receive dividends on existing Non-Employee Director Share Awards in the form of additional Non-Employee Director Share Awards, which convert into common stock and vest immediately upon issuance.

Do the additional Marriott Vacations Worldwide (VAC) director awards vest immediately?

Yes. The filing states that the additional Non-Employee Director Share Awards received in lieu of cash dividends vest immediately upon issuance and are payable in common stock.

Is the reported Marriott Vacations Worldwide (VAC) Form 4 transaction a purchase on the open market?

No. The reported acquisition reflects stock received via a dividend election on Non-Employee Director Share Awards, rather than an open-market purchase.
Marriott Vacations Worldwide C

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31.81M
8.63%
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8.18%
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