Marriott Vacations (VAC) director boosts holdings with 62-share stock award
Rhea-AI Filing Summary
Marriott Vacations Worldwide director Mary E. Galligan reported a small increase in her direct ownership of company stock. On January 7, 2026, she acquired 62 shares of common stock at a reported price of $0 per share, reflecting stock received instead of cash dividends on her existing non-employee director share awards. After this transaction, she directly owned 4,890 shares of Marriott Vacations Worldwide common stock. The footnote explains that she elected to receive dividends on prior director awards in the form of additional awards, which vest immediately upon issuance and are payable in common stock.
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FAQ
What insider transaction did VAC director Mary E. Galligan report?
Mary E. Galligan, a director of Marriott Vacations Worldwide (VAC), reported acquiring 62 shares of common stock on January 7, 2026. The transaction was coded as an acquisition and is shown as a change in her non-derivative holdings.
How many Marriott Vacations Worldwide (VAC) shares does the director own after this transaction?
Following the reported transaction, Mary E. Galligan directly owned 4,890 shares of Marriott Vacations Worldwide common stock, as shown in the beneficial ownership column of the filing.
Why did Mary E. Galligan receive 62 additional VAC shares?
According to the footnote, the 62 additional shares represent dividends on Non-Employee Director Share Awards that she elected to receive in the form of additional share awards rather than cash. These additional awards vest immediately upon issuance and are payable in common stock based on her prior deferral election.
Was this VAC insider transaction a market purchase or sale?
The filing shows an acquisition of 62 common shares at a price of $0 per share, indicating this was not an open-market purchase or sale but rather shares received in connection with existing non-employee director share awards and related dividend elections.
Is the VAC director’s ownership reported as direct or indirect?
The filing classifies Mary E. Galligan’s 4,890 VAC shares as held with direct ownership (coded “D”), with no separate entity or indirect ownership relationship indicated in the nature-of-ownership field.