SHAW WILLIAM JOSEPH 4

What Happened William J. Shaw, a director of Marriott Vacations Worldwide (VAC), was granted 31 Non-Employee Director Share Awards on 2026-03-18. The reported acquisition price is $0.00 per share (total reported value $0), recorded on a Form 4 filed 2026-03-19. This is an award (grant) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-18 (Form 4 filed 2026-03-19 — timely filing).
• Transaction type: A (award/grant); 31 shares acquired at $0.00 each; total reported value $0.
• Shares owned after transaction: not specified in this Form 4.
• Footnote: The shares reflect dividend-equivalent awards elected to be paid as additional Non-Employee Director Share Awards; such awards vest immediately upon issuance and are payable in common stock per the reporting person’s deferral election.

Context This is a routine director award (dividend-equivalent shares) that vests immediately and does not represent a cash purchase or sale. Such awards are common compensation for non-employee directors and should be viewed as compensation-related issuances rather than a direct market sentiment signal.