Avril Matthew E 4
Research Summary
AI-generated summary
Marriott Vacations (VAC) CEO Matthew E. Avril Receives 34-Share Award
What Happened
- Matthew E. Avril, CEO of Marriott Vacations Worldwide (VAC), was issued 34 shares as an award on 2026-03-18. The grant was reported as an acquisition (transaction code A) at $0.00, so no cash was paid for these shares. The filing shows the award vests immediately upon issuance.
Key Details
- Transaction date: 2026-03-18; reported on Form 4 filed 2026-03-19.
- Transaction type/code: Award/Grant (A).
- Shares acquired: 34; Price per share: $0.00; Total cash paid: $0.
- Shares owned after transaction: Not specified in the filing.
- Footnote: The reporting person elected to receive dividends on Non-Employee Director Share Awards as additional awards; such additional awards vest immediately and are payable in common stock as specified at the time of election.
- Timeliness: Filing was submitted the next day (no late filing indicated).
Context
- This was an award issuance (not an open-market purchase or sale). Such grants can reflect routine compensation, dividend-equivalent elections, or director/shareholder plan mechanics and do not by themselves indicate a buy/sell signal.