Form 4: Marriott Vacations Worldwide Director William McCarten Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director William McCarten reports changes in beneficial ownership of Marriott Vacations Worldwide Corp shares, including acquisitions, disposals, and transfers to a revocable trust.
Summary
- On June 6, 2024, William McCarten, a director of Marriott Vacations Worldwide Corp, reported changes in his beneficial ownership of the company's common stock.
- He acquired 14 shares as dividend equivalents related to Non-Employee Director Share Awards.
- McCarten also transferred shares to his revocable trust account.
- He directly owns 5,702 shares and indirectly owns 20,999 shares through a revocable trust and 1,966 shares through The McCarten Family LLC.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report changes in their ownership of company stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- Shareholders are informed about changes in ownership by a company director, contributing to market transparency.
Key Dates
| Date | Description |
|---|---|
| 06/06/2024 | Date of the reported transactions (acquisition and disposal of shares). |
| 06/07/2024 | Date of signature for the Form 4 filing. |
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