Marriott Vacations (VAC) director receives 117-share stock award from dividends

Rhea-AI Filing Summary

GALBREATH LIZANNE reported acquisition or exercise transactions in this Form 4 filing.

Marriott Vacations Worldwide director Lizanne Galbreath received a grant of 117 shares of common stock at no cost. These additional non-employee director share awards were issued as dividends on existing awards and vest immediately. Following this grant, she directly holds a total of 25,965 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider GALBREATH LIZANNE

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	117	$0.00	--

Holdings After Transaction: Common Stock — 25,965 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

GALBREATH LIZANNE

(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		117(1)	A	$0	25,965	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 Marriott Vacations (VAC) report for Lizanne Galbreath?

Marriott Vacations reported that director Lizanne Galbreath received 117 additional common shares through a grant. The shares were issued as dividends on existing non-employee director share awards, vest immediately upon issuance, and increase her direct holdings to 25,965 shares after the transaction.

How many Marriott Vacations (VAC) shares does Lizanne Galbreath hold after this Form 4?

After the reported Form 4 transaction, Lizanne Galbreath directly holds 25,965 Marriott Vacations common shares. This total reflects the addition of 117 shares received as a grant tied to dividends on non-employee director share awards, which vested immediately when they were issued to her.

What is the nature of the 117-share award reported for VAC director Lizanne Galbreath?

The 117-share award to Lizanne Galbreath is a grant of additional non-employee director share awards elected in lieu of cash dividends. These awards vest immediately upon issuance and will be paid in Marriott Vacations common stock according to her prior deferral election instructions at the time of election.

Did Lizanne Galbreath buy or sell Marriott Vacations (VAC) shares in this filing?

Lizanne Galbreath did not buy or sell Marriott Vacations shares on the market in this filing. Instead, she acquired 117 shares via a grant classified as a non-employee director share award, linked to dividends on existing awards, with no purchase price per share reported.

How were dividends handled on Lizanne Galbreath’s Marriott Vacations director awards?

Lizanne Galbreath chose to receive dividends on her non-employee director share awards as additional share awards rather than cash. These additional awards, including the 117-share grant, vest immediately and are payable in Marriott Vacations common stock as specified in her deferral election instructions.