Marriott Vacations (NYSE: VAC) director granted 138 shares in stock-based awards

Rhea-AI Filing Summary

Marriott Vacations Worldwide director Jonice M. Gray received 138 shares of common stock as a grant tied to director share awards. The shares were acquired at no cash price and relate to dividends the director elected to take in stock-based awards, which vest immediately upon issuance.

After this acquisition, Gray directly holds 14,456 shares of Marriott Vacations Worldwide common stock. This appears to be a routine, compensation-related transaction rather than an open-market purchase or sale.

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)
03/18/2026

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	03/18/2026		A		138(1)	A	$0	14,456	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	03/19/2026
	** 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 VAC director Jonice M. Gray report?

Jonice M. Gray reported acquiring 138 shares of Marriott Vacations Worldwide common stock. The shares were granted as part of non-employee director share awards linked to dividends, and not bought in the open market, making this a compensation-related transaction.

Was the VAC insider transaction an open-market buy or sell?

The VAC insider transaction was not an open-market buy or sell. It was a grant or award acquisition of 138 shares at a reported price of zero, reflecting stock-based compensation from director share awards rather than a discretionary market trade.

How many VAC shares does Jonice M. Gray hold after this Form 4?

After the reported grant, Jonice M. Gray directly holds 14,456 shares of Marriott Vacations Worldwide common stock. This total includes the additional 138 shares received through dividend-equivalent non-employee director share awards that vest immediately upon issuance and are payable in stock.

What is the nature of the VAC director’s 138-share award?

The 138-share award reflects dividends on non-employee director share awards taken in stock form. Gray elected to receive dividends as additional share awards, which vest immediately and are payable in Marriott Vacations Worldwide common stock according to a prior deferral election.

Does the VAC Form 4 indicate remaining option or derivative positions?

The filing shows no derivative transactions or remaining derivative positions for Jonice M. Gray. The reported activity concerns only non-derivative common stock received as a grant related to director share awards, highlighting straightforward equity compensation rather than option exercises or conversions.