ANDREWS CHARLES ELLIOTT 4
Research Summary
AI-generated summary
Marriott Vacations (VAC) Director Charles E. Andrews Receives 97 Shares
What Happened
Charles E. Andrews, a non-employee director of Marriott Vacations Worldwide (VAC), was granted 97 shares as a Non‑Employee Director Share Award on 2026-06-10. The award is recorded at $0.00 per share (total cash paid $0) — this is a compensation grant, not an open‑market purchase or sale.
Key Details
- Transaction type/code: Grant / Award (A).
- Transaction date and filing: Grant date 2026-06-10; Form 4 filed 2026-06-11 (timely).
- Shares: 97 shares granted at $0.00 per share (total cash cost $0).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: The reporting person elected to receive dividends on these director awards as additional share awards. Such additional awards vest immediately upon issuance and are payable in common stock as specified in the deferral election (per footnote F1).
Context
This is a routine director compensation award rather than a market purchase or sale. Awards like this are common for non‑employee directors and do not necessarily indicate the director's personal market view.