Form 4: Marriott Vacations Worldwide Director Acquires Shares Through Stock and Cash Incentive Plan

Director Jonice M Gray acquired 269 shares of Marriott Vacations Worldwide Corp (VAC) common stock at $97.57 per share on March 19, 2024, through the company's Stock and Cash Incentive Plan.

Summary

• On March 19, 2024, Jonice M Gray, a director of Marriott Vacations Worldwide Corp (VAC), acquired 269 shares of common stock.
• The shares were acquired at a price of $97.57 per share.
• The acquisition was made under the Marriott Vacations Worldwide Corporation Stock and Cash Incentive Plan.
• Following the transaction, Gray directly owns 4,717 shares of Marriott Vacations Worldwide Corp.
• The shares were issued as a result of deferred fees payable for service as a member of the Board of Directors.
• The shares are fully vested at the date of grant and payable in common stock as specified by the Reporting Person at the time of the deferral election.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The director's increased stake could be seen as mildly positive, but it's not a major event.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.
• The Stock and Cash Incentive Plan allows directors to defer fees and receive shares, aligning their interests with those of shareholders.

Industry Context

This filing is a routine disclosure of a director's stock acquisition, which is common in publicly traded companies. It reflects the director's participation in the company's compensation plans.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates