Form 4: Marriott Vacations Worldwide Corp: Officer Kathleen A. Pighini Reports Acquisition of Common Stock
SEC Form 4
Kathleen A. Pighini, a Senior Vice President at Marriott Vacations Worldwide Corp, reported the acquisition of 2,773 shares of common stock on February 29, 2024.
Summary
- On February 29, 2024, Kathleen A. Pighini, Senior Vice President, Corporate Controller and Chief Accounting Officer of Marriott Vacations Worldwide Corp, acquired 2,773 shares of common stock.
- The shares were acquired directly and resulted in Ms. Pighini holding 6,569 shares of common stock following the transaction.
- The acquired shares vest in four equal installments beginning on February 15, 2025.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by an officer suggests confidence, but it's a routine transaction.
Positives
- The acquisition of shares by a company officer can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of the US financial market, providing transparency into the transactions of company insiders. This filing indicates an officer's increased investment in the company.
Stakeholder Impact
- The acquisition of shares by a company officer could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of transaction: Kathleen A. Pighini acquired common stock. |
| 02/15/2025 | Vesting start date: Shares vest in four equal installments over the four-year period beginning on this date. |
| 03/04/2024 | Date of signature: Form 4 signed by Attorney-In-Fact James H Hunter, IV. |
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