Form 4: Marriott Vacations Worldwide Executive Brian E. Miller Reports Stock and Derivative Transactions

Sentiment:

SEC Form 4 Filing


Brian E. Miller, President of Vacation Ownership at Marriott Vacations Worldwide, reports acquisition of common stock and stock appreciation rights.

Summary

  • On February 29, 2024, Brian E. Miller, President of Vacation Ownership at Marriott Vacations Worldwide Corp, reported transactions involving the company's securities.
  • Miller acquired 6,066 shares of common stock at $0 and disposed of 39,621 shares.
  • Following these transactions, Miller directly owns 39,621 shares of common stock.
  • Miller also acquired 10,122 stock appreciation rights (SARs) with an exercise price of $93.73.
  • These SARs vest in four equal installments starting February 15, 2025, and expire on February 28, 2034.
  • After the transaction, Miller directly owns 10,122 stock appreciation rights.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.

Key Dates

DateDescription
02/15/2025First vesting date for stock appreciation rights.
02/28/2034Expiration date for stock appreciation rights.
02/29/2024Date of the reported transactions.
03/04/2024Date of signature for the report.

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