Form 4: Marriott Vacations Worldwide Executive Jason P. Marino Reports Share Disposal for Tax Obligations
SEC Form 4
Executive Vice President and CFO of Marriott Vacations Worldwide, Jason P. Marino, disposed of 874 shares to cover tax liabilities on February 18, 2025.
Summary
- On February 18, 2025, Jason P. Marino, Executive Vice President and CFO of Marriott Vacations Worldwide Corp, disposed of 874 shares of common stock to cover tax liabilities.
- The shares were disposed of at a price of $87.26 per share.
- Following the transaction, Marino directly owns 14,888 shares of Marriott Vacations Worldwide Corp.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations and doesn't indicate a positive or negative outlook for the company.
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 reason for share disposals by executives.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of the transaction where 874 shares were disposed of to cover tax liabilities. |
| 02/19/2025 | Date of signature by Attorney-In-Fact, James H Hunter, IV. |
Keywords
Marriott Vacations Worldwide, VAC, Jason P. Marino, Executive Compensation, Form 4, Share Disposal, Tax Liabilities, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.