Form 4: Marriott Vacations Worldwide Corp: Executive Kathleen A. Pighini Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Kathleen A. Pighini, a Senior Vice President at Marriott Vacations Worldwide, reports a transaction involving common stock for tax liability payment.
Summary
- On March 11, 2025, Kathleen A. Pighini, a Senior Vice President at Marriott Vacations Worldwide Corp, reported a change in beneficial ownership of the company's common stock.
- The transaction involved the withholding of 87 shares by the company for the payment of tax liability at a price of $71.62 per share.
- Following the transaction, Pighini directly owns 9,966 shares of Marriott Vacations Worldwide Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in company stock. It is a standard practice for executives to have shares withheld for tax obligations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of transaction involving common stock. |
| 03/12/2025 | Date of signature by Attorney-In-Fact. |
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