Form 4: Marriott Vacations Worldwide Executive Brian E. Miller Reports Stock Transaction

Brian E. Miller, President of Vacation Ownership at Marriott Vacations Worldwide, reported a transaction involving the withholding of 1,481 shares for tax liability.

Summary

• Brian E. Miller, President of Vacation Ownership at Marriott Vacations Worldwide, filed a Form 4.
• The filing reports a transaction on December 16, 2024, where 1,481 shares of common stock were withheld by the company for the payment of tax liability.
• The price per share was $94.89.
• Following the transaction, Miller beneficially owns 37,319 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a routine filing of a stock transaction, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive stock transactions and is common for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders across all publicly traded companies.
• The transaction is a common occurrence where shares are withheld to cover tax obligations related to stock-based compensation, which is a typical practice in executive compensation packages.
• Similar filings can be seen across the hospitality and vacation ownership industry, including companies like Hilton Grand Vacations and Wyndham Destinations.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine tax withholding.

Key Dates

Keywords

Form 4, Marriott Vacations Worldwide, Stock Transaction, Beneficial Ownership, Brian E. Miller, Tax Liability, VAC