Form 4: Marriott Vacations Worldwide Director, Dianna Morgan, Reports Acquisition of Shares Through Dividend Reinvestment
SEC Form 4 Filing
Director Dianna Morgan acquired 26 shares of Marriott Vacations Worldwide Corp through a dividend reinvestment plan.
Summary
- On October 3, 2024, Dianna Morgan, a director of Marriott Vacations Worldwide Corp, acquired 26 shares of common stock.
- The acquisition was a result of electing to receive dividends in the form of additional Non-Employee Director Share Awards.
- These additional awards vest immediately upon issuance and are payable in common stock as specified by the Reporting Person at the time of the deferral election.
- The price per share was $0.
- Following the transaction, Morgan directly owns 19,565 shares of Marriott Vacations Worldwide Corp.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a routine transaction. The director reinvesting dividends could be seen as slightly positive, but it's not a significant event.
Positives
- The director's decision to reinvest dividends into company stock could be seen as a positive signal.
Industry Context
This is a routine disclosure related to insider transactions and dividend reinvestment, common among publicly traded companies.
Stakeholder Impact
- The impact on stakeholders is minimal as it's a small transaction.
Key Dates
| Date | Description |
|---|---|
| 10/03/2024 | Date of transaction: Dianna Morgan acquired 26 shares of Marriott Vacations Worldwide Corp. |
| 10/04/2024 | Date of signature: James H Hunter, IV Attorney-In-Fact signed the form. |
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