Form 4: Marriott Vacations Worldwide Director Acquires and Disposes of Shares
SEC Form 4 Filing
Raymond L Gellein JR, a director at Marriott Vacations Worldwide Corp, reports acquiring and disposing of common stock on January 3, 2025.
Summary
- Raymond L Gellein JR, a director of Marriott Vacations Worldwide Corp, filed a Form 4 detailing changes in beneficial ownership.
- On January 3, 2025, Gellein acquired 52 shares of common stock and disposed of 32,166 shares.
- The acquisition was related to dividends received in the form of additional Non-Employee Director Share Awards.
- Following the reported transactions, Gellein beneficially owns 32,166 shares of Marriott Vacations Worldwide Corp.
- The filing was signed by James H Hunter, IV, Attorney-In-Fact, on January 6, 2025.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and large shareholders) to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 01/03/2025 | Date of transaction: acquisition and disposal of shares. |
| 01/06/2025 | Date of signature by Attorney-In-Fact. |
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