Welcome to our dedicated page for Marriott Vacations Worldwide C SEC filings (Ticker: VAC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Marriott Vacations Worldwide Corporation filings document the financial reporting, governance, executive compensation, and material-event disclosures of a public vacation ownership and exchange company. Recent Form 8-K reports furnish quarterly and annual operating results, Regulation FD investor-presentation updates, and management changes tied to senior executive appointments, retirements, separations, and related compensation arrangements.
The company’s proxy materials cover annual meeting matters for stockholders, board governance, executive compensation, and related corporate voting disclosures. Together, the filings provide formal records for the company’s Vacation Ownership and Exchange and Third-Party Management businesses, its public-company governance structure, and the risk and performance topics reflected in its periodic results communications.
Impactive Capital LP and related entities have filed Amendment No. 3 to their Schedule 13D on Marriott Vacations Worldwide (VAC), disclosing an 11.7% economic stake, or 4,045,984 common shares. The shares were accumulated in open-market purchases using working capital, at a total cost of approximately $343.9 million. Voting and dispositive authority over the entire position is held on a shared basis by Impactive Capital LP, Impactive Capital GP, and the firm’s co-founders Lauren Taylor Wolfe and Christian Asmar; none of the parties reports sole authority. The ownership calculation is based on 34,535,278 VAC shares outstanding as of 5 May 2025, per the company’s latest Form 10-Q.
The filing confirms that no additional transactions have occurred since the prior amendment other than those summarised in Exhibit 1. Although the amendment does not outline specific strategic intentions, an activist holding above 10% typically positions the investor to influence corporate strategy, board composition, capital allocation or M&A activity. Impactive’s sizeable purchase price and rapid accumulation signal a potentially active engagement with management. The filing contains no references to litigation, regulatory matters or financing contingencies.
Key data for investors:
- Stake size: 4.0 million shares (11.7% of outstanding).
- Acquisition cost: ~$343.9 million (avg. cost ≈ $85/share).
- Control: 100% of voting and dispositive power is shared among the reporting group.
- Event date triggering filing: 17 June 2025; signatures dated 20 June 2025.
The entry of a well-known activist fund with a double-digit ownership interest is likely to elevate investor focus on VAC’s strategic options and could serve as a catalyst for share-price re-rating.
Form 4 filing overview: Director Jonice M. Gray of Marriott Vacations Worldwide (VAC) reported the acquisition of 447 common shares on 06/17/2025 under Transaction Code “A” (award or grant). The shares were issued at a price of $0.00 because they represent fees deferred under the company’s Stock and Cash Incentive Plan. According to the explanation, the shares are fully vested on the grant date and will be settled in common stock per the director’s prior deferral election.
Following the award, Gray’s direct beneficial ownership rises to 11,582 VAC shares. No derivative securities were reported, and there were no disposals.
Key context for investors:
- The grant is compensation-related and not an open-market purchase, limiting its signaling value versus discretionary insider buying.
- The amount—447 shares—represents a ~3.9 % increase to Gray’s previously held position (calculated from post-transaction balance).
- There is no associated cash outlay or price information that would imply valuation views by the director.
Materiality assessment: The filing reflects routine board compensation rather than a strategic share accumulation. While incremental insider ownership can be viewed modestly positively, the small size and zero-cost nature mean the disclosure is unlikely to drive the stock materially.