Form 4: Marriott Vacations Worldwide Director Stephen R. Quazzo Reports Acquisition of Shares
SEC Form 4 Filing
Director Stephen R. Quazzo reports acquiring 19 shares of Marriott Vacations Worldwide Corp. through dividend reinvestment.
Summary
- On March 14, 2024, Stephen R. Quazzo, a director of Marriott Vacations Worldwide Corp., reported a transaction involving the company's common stock.
- Quazzo acquired 19 shares of common stock at an unspecified price, reinvesting dividends from Non-Employee Director Share Awards.
- Following the transaction, Quazzo directly owns 17,250 shares of Marriott Vacations Worldwide Corp.
- He also indirectly owns 28 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a neutral report of a director's share acquisition. It doesn't inherently convey positive or negative sentiment.
Positives
- The director's decision to reinvest dividends into company stock could be seen as a positive signal.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of transaction: Stephen R. Quazzo acquired shares of Marriott Vacations Worldwide Corp. |
| 03/15/2024 | Date of signature: James H Hunter, IV Attorney-In-Fact signed the report. |
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