Marriott Vacations (VAC) Director Charles Andrews Receives Award

What Happened Charles Andrews (reported as ANDREWS CHARLES ELLIOTT), a non‑employee director of Marriott Vacations Worldwide Corp (VAC), was issued 127 shares on 2026-03-18 as a Non‑Employee Director Share Award (transaction code A). The shares were granted at $0.00 per share (award/compensation), so no cash was exchanged.

Key Details

• Transaction date: 2026-03-18 (reported on Form 4 filed 2026-03-19).
• Transaction type/code: A — Grant/award (acquisition through award).
• Shares received: 127 shares at $0.00 per share (total $0).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The reporting person elected to receive dividends on these director awards as additional Non‑Employee Director Share Awards; such additional awards vest immediately upon issuance and are payable in common stock per the deferral election.
• Filing timeliness: Filed the next day (appears timely).

Context This was a compensation award to a non‑employee director, not an open‑market purchase or sale. Awards and dividend‑reinvestment elections are routine forms of director compensation and do not, by themselves, indicate the director is buying or selling stock for investment reasons.