Form 4: Marriott Vacations Worldwide Executive Reports Stock Transactions

Lori M. Gustafson, Executive Vice President of Marriott Vacations Worldwide, reports acquisition and disposal of common stock and stock appreciation rights.

Summary

• Lori M. Gustafson, an Executive Vice President at Marriott Vacations Worldwide, filed a Form 4 detailing changes in beneficial ownership.
• On March 4, 2025, Gustafson acquired 260 shares of common stock upon vesting of performance-based restricted stock units.
• Also on March 4, 2025, 101 shares were disposed of to cover tax liabilities at a price of $71.17 per share.
• Additionally, 4,225 shares of common stock were acquired.
• Gustafson also acquired 7,768 stock appreciation rights with an exercise price of $71.17, vesting in four equal installments beginning February 15, 2026, and expiring on March 4, 2035.
• Following these transactions, Gustafson directly owns 8,876 shares of common stock and 7,768 stock appreciation rights.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing primarily reflects routine transactions related to executive compensation. There are both acquisitions and disposals, balancing the overall impact.

Positives

• The acquisition of 260 shares due to vesting of performance-based restricted stock units suggests the achievement of performance goals.
• The acquisition of 4,225 shares of common stock indicates an increase in direct ownership.

Negatives

• The disposal of 101 shares to cover tax liabilities reduces the total number of shares held.

Future Outlook

The stock appreciation rights vest in four equal installments over the four-year period beginning on February 15, 2026.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders.

Stakeholder Impact

• Shareholders gain insight into executive compensation and ownership changes.
• The transactions have a minor impact on the overall share structure.

Key Dates