Form 4: Marriott Vacations Worldwide Executive James H. Hunter IV Reports Stock Transaction
SEC Form 4 Filing
Executive Vice President James H. Hunter IV reports disposition of Marriott Vacations Worldwide shares to cover tax obligations.
Summary
- On February 18, 2025, James H. Hunter IV, an Executive Vice President, General Counsel, and Secretary at Marriott Vacations Worldwide Corp (VAC), reported a transaction involving the company's common stock.
- The transaction involved the disposition of 1,064 shares at a price of $87.26 per share.
- These shares were withheld by the company to cover tax liabilities.
- Following the transaction, Hunter directly owns 42,004 shares of Marriott Vacations Worldwide Corp.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an executive's stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common occurrence.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of stock transaction (disposition of shares). |
| 02/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Marriott Vacations Worldwide, VAC, James H. Hunter IV, Stock Transaction, Beneficial Ownership, Executive Compensation, Tax Withholding
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