Marriott Vacations (VAC) Director Lizanne Galbreath Receives 78-Share Award

What Happened

• Lizanne Galbreath, a director of Marriott Vacations Worldwide Corp (VAC), was issued 78 shares on 2026-09-30 as a non-employee director award (transaction code A). The shares were acquired at $0.00 (total reported value $0), reflecting an award/grant rather than an open-market purchase or sale. The Form 4 covering this transaction was filed on 2026-10-01.

Key Details

• Transaction date: 2026-09-30; Filing date: 2026-10-01 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares received: 78; Acquisition price: $0.00; Reported total value: $0.
• Shares owned after transaction: not provided in the excerpt of the filing.
• Footnote: The reporting person elected to receive dividends on certain Non-Employee Director Share Awards as additional share awards; such additional awards vest immediately and are payable in common stock as specified by the director (Footnote F1).
• Filing status: Not indicated as late in the filing.

Context

• This was a compensation-related award (no cash outlay) tied to director compensation and dividend-equivalent election; such grants are routine for non-employee directors and do not necessarily signal a buy/sell decision. For retail investors, purchases or open-market buys typically carry more direct sentiment information than automatic awards or dividend-equivalent share issuances.