Form 4: Marriott Vacations Worldwide Director Stephen Quazzo Reports Acquisition of Shares
SEC Form 4 Filing
Director Stephen Quazzo reports acquiring 23 shares of Marriott Vacations Worldwide Corp. through dividend reinvestment.
Summary
- On January 3, 2025, Stephen R Quazzo, a director of Marriott Vacations Worldwide Corp, acquired 23 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.
- The price per share was $0.
- Following the transaction, Quazzo directly owns 19,056 shares and indirectly owns 28 shares through a spouse.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through dividend reinvestment.
Positives
- The acquisition of shares through dividend reinvestment demonstrates the director's continued investment in the company.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 01/03/2025 | Date of transaction: Stephen Quazzo acquired shares of common stock. |
| 01/06/2025 | Date of signature by Attorney-In-Fact. |
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