Marriott Vacations Worldwide C SEC Filings

Marriott Vacations Worldwide Corp (VAC) disclosed that one of its directors reported an open market purchase of the company’s common stock. On 11/18/2025, the reporting person bought 5,500 shares of VAC at a volume-weighted average price of $46.51 per share, through multiple transactions within a price range of $46.50 to $46.57. After this transaction, the director beneficially owns 25,714 shares of Marriott Vacations Worldwide common stock held directly.

Marriott Vacations Worldwide (VAC): Director open-market purchase

A company director purchased 20,000 shares of common stock on 11/14/2025 in an open market transaction at a volume‑weighted average price of $46.04. The filing notes executions occurred between $45.955 and $46.13. Following the trade, the director beneficially owns 203,547 shares, held directly.

Marriott Vacations Worldwide (VAC) disclosed a Form 4 insider transaction. A director purchased 2,000 shares of common stock on 11/14/2025 (transaction code P), an open market purchase at a $45.53 volume-weighted average price.

After this trade, the director beneficially owns 24,090 shares, held directly. The filing notes multiple execution prices ranging from $45.495 to $45.6569, with full price-by-lot details available upon request.

Marriott Vacations Worldwide (VAC) reported an insider open market purchase. On 11/14/2025, the Interim President and Chief Executive Officer acquired 5,000 shares of common stock at a volume‑weighted average price of $45.61.

Following this transaction, the reporting person beneficially owns 57,981 shares, held directly. The filing notes the shares were bought in multiple trades within a $45.53–$45.695 price range, with the average reported as disclosed.

Marriott Vacations Worldwide (VAC) reported an insider open‑market purchase. A company director bought 10,000 shares of common stock at $47.01 on 11/13/2025. Following the transaction, the director beneficially owned 41,435 shares, held as direct ownership. The filing classifies the transaction as a P code, indicating a purchase on the open market.

Marriott Vacations Worldwide (VAC) reported an insider equity award by its Interim President and Chief Executive Officer, who is also a Director. On 11/13/2025, the officer acquired 50,000 shares of common stock at a reported price of $0. Following this transaction, the officer beneficially owned 52,981 common shares, held directly.

The officer also received 100,000 Stock Appreciation Rights (SARs) with an exercise price of $46.755 per share. These SARs are first exercisable on 11/13/2026 and expire on 11/13/2031, with underlying entitlement to 100,000 shares of common stock. The derivative securities were recorded at a price of $0 and are held directly.

Marriott Vacations Worldwide (VAC) announced that Brian E. Miller, President, Vacation Ownership, will retire from his position effective December 31, 2025. He will continue as an advisor to the President and CEO through March 27, 2026.

The company stated his retirement is not due to any disagreement regarding operations, policies, or practices. He is not receiving severance and is eligible to be considered an approved retiree under the 2020 Equity Incentive Plan. A related press release was furnished on November 11, 2025.

Marriott Vacations Worldwide (VAC) announced a leadership change. At the Board’s request, President and CEO John E. Geller, Jr. resigned effective November 10, 2025, and also left the Board. The Board reduced its size from twelve to eleven directors as of the same date.

Matthew E. Avril, a current director, was appointed Interim President and CEO effective upon Mr. Geller’s departure. Under a separation agreement, Mr. Geller will receive severance of $5 million plus a prorated 2025 bonus of $1,286,301, with his outstanding equity awards treated per existing terms. As interim CEO, Mr. Avril will receive a $1 million annual base salary and equity grants covering 100,000 stock appreciation rights and 50,000 restricted stock units, each vesting in full after the earlier of twelve months from grant or termination of his employment.

Marriott Vacations Worldwide (VAC) reported Q3 2025 results. Total revenues were $1.263 billion and the company posted a net loss of $2 million, or diluted EPS of $(0.07). Results reflected elevated one-time costs, including $53 million of modernization expense and a $31 million impairment, alongside $43 million of interest expense.

By line item, sale of vacation ownership products was $358 million, management and exchange $214 million, rental $150 million, and financing $90 million. Year to date, revenues reached $3.709 billion with net income attributable to common stockholders of $123 million (diluted EPS $3.27). The balance sheet showed cash and cash equivalents of $474 million, debt (net) of $3.533 billion, and securitized debt (net) of $2.107 billion. The company acquired 48 completed units at Marriott Vacation Club, Waikiki for $82 million in Q3 and 52 units in Khao Lak, Thailand for $50 million in Q2. Cash from operations was $22 million for the first nine months, and the quarterly dividend was $0.79 per share. Shares outstanding were 34,613,991 as of October 31, 2025.