GALBREATH LIZANNE 4

What Happened
Lizanne Galbreath, a non-employee director of Marriott Vacations Worldwide (ticker: VAC), was granted 88 shares as a director award on 2026-06-10. The reported acquisition price was $0.00, indicating the shares were issued as compensation rather than purchased for cash.

Key Details

• Transaction date: 2026-06-10 (reported in a Form 4 filed 2026-06-11).
• Transaction type/code: Award/Grant (A).
• Shares granted: 88 common shares; acquisition price reported $0.00.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: The reporting person elected to receive dividends on director awards as additional Non-Employee Director Share Awards; those additional awards vest immediately upon issuance and are payable in common stock per the deferral election.
• Filing timeliness: Filed one day after the transaction (appears timely; no late-file indicator).

Context
Grants to non-employee directors are typically routine compensation for board service. This filing shows a stock award issuance rather than an open-market purchase or sale; it is informational about compensation and not a direct market-buy signal.