VAC director gets 24-share stock award
Marriott Vacations Worldwide director Stephen R. Quazzo received 24 shares of common stock as a grant/award acquisition.
Rhea-AI Filing Summary
Marriott Vacations Worldwide director Stephen R. Quazzo received 24 shares of common stock as a grant/award acquisition. The award reflects dividends taken in the form of additional Non-Employee Director Share Awards, which vest immediately and are payable in common stock. Following this award, he directly holds 27,094 shares.
Positive
- None.
Negative
- None.
Insights
Small, routine director share award with minimal signaling impact.
Director Stephen R. Quazzo received 24 shares of Marriott Vacations Worldwide common stock as a compensation-related award. The transaction used code A, indicating a grant or other acquisition, at a stated price of $0.0000 per share.
The footnote explains this results from electing to receive dividends on Non-Employee Director Share Awards in additional share awards, which vest immediately upon issuance. After this grant, Quazzo directly holds 27,094 shares, suggesting the transaction is small relative to his overall position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24 | $0.00 | $0.00 |
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
Key Terms
vest immediately upon issuance financial
deferral election financial
FAQ
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What insider transaction did Stephen R. Quazzo report at Marriott Vacations Worldwide (VAC)?
Was the Marriott Vacations Worldwide (VAC) Form 4 transaction a market purchase or a grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.