Marriott Vacations (VAC) director Dianna Morgan gains 36 shares in Form 4 filing

Rhea-AI Filing Summary

Marriott Vacations Worldwide Corp director Dianna Morgan reported receiving additional common shares through a stock-based dividend on her existing Non-Employee Director Share Awards. On 01/07/2026, she acquired 36 shares of common stock at a stated price of $0 per share, reflecting dividends elected to be taken in the form of additional director share awards.

According to the filing, these additional Non-Employee Director Share Awards vest immediately upon issuance and are payable in common stock as specified by her prior deferral election. After this transaction, she beneficially owns 23,130 shares of Marriott Vacations Worldwide common stock in direct ownership.

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^*

Morgan Dianna

(Last) (First) (Middle)

7812 PALM PARKWAY

(Street)

ORLANDO FL 32836

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
01/07/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	01/07/2026		A		36(1)	A	$0	23,130	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	01/08/2026
	** 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.

FAQ

What insider transaction did VAC director Dianna Morgan report?

Director Dianna Morgan reported acquiring 36 shares of Marriott Vacations Worldwide Corp (VAC) common stock on 01/07/2026 through a stock-based dividend on her Non-Employee Director Share Awards.

What was the price per share for the VAC stock acquired by Dianna Morgan?

The 36 shares of Marriott Vacations Worldwide common stock were reported with a transaction price of $0 per share, reflecting shares received as a dividend-equivalent award rather than a market purchase.

How many Marriott Vacations Worldwide (VAC) shares does Dianna Morgan own after this transaction?

Following the reported acquisition, Dianna Morgan beneficially owns 23,130 shares of Marriott Vacations Worldwide Corp common stock in direct ownership.

What is the nature of the shares Dianna Morgan received from VAC?

The additional shares stem from Non-Employee Director Share Awards. She elected to receive dividends on these awards in the form of additional share awards, which vest immediately upon issuance and are payable in common stock.

Does this VAC Form 4 indicate a purchase or a grant of shares?

The Form 4 reports an acquisition (code "A") of shares related to dividend equivalents on director share awards, functioning as a stock-based grant rather than an open-market purchase.

Is Dianna Morgan a 10% owner of Marriott Vacations Worldwide (VAC)?

No. The filing identifies Dianna Morgan as a Director of Marriott Vacations Worldwide Corp and does not mark her as a 10% owner.