Marriott Vacations (VAC) director Dianna Morgan receives 24-share stock award
Rhea-AI Filing Summary
MARRIOTT VACATIONS WORLDWIDE Corp director Dianna Morgan received an additional stock award. She acquired 24 shares of common stock on account of dividends tied to prior Non-Employee Director Share Awards, with no cash price per share. These additional awards vested immediately upon issuance.
Following this grant, Morgan directly holds 26,099 shares of common stock. The transaction reflects a compensation-related share award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 24 shares
Net Buy
1 txn
Insider
Morgan Dianna
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 26,099 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Shares granted: 24 shares
Grant price per share: $0.0000 per share
Shares held after transaction: 26,099 shares
3 metrics
Shares granted
24 shares
Non-Employee Director Share Award tied to dividends
Grant price per share
$0.0000 per share
Compensation-related stock award, no cash paid
Shares held after transaction
26,099 shares
Direct holdings of Dianna Morgan following the award
Key Terms
Non-Employee Director Share Awards, deferral election, vest immediately upon issuance
3 terms
deferral election financial
"payable in common stock as specified by the Reporting Person at the time of the deferral election"
vest immediately upon issuance financial
"Such additional awards vest immediately upon issuance and are payable in common stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Dianna Morgan report in this Form 4 for VAC?
Director Dianna Morgan reported receiving 24 shares of Marriott Vacations Worldwide common stock as a compensation-related award. The shares stem from dividends on prior Non-Employee Director Share Awards and were granted at no cash cost to her.
Was the Dianna Morgan VAC Form 4 a market buy or sell?
The Form 4 does not show a market buy or sell; it shows a grant. Morgan received 24 shares as a Non-Employee Director Share Award related to dividends, rather than trading VAC stock in the open market.