Avril Matthew E 4
Research Summary
AI-generated summary
Marriott Vacations CEO Matthew Avril Receives 27-Share Award
What Happened
Matthew E. Avril, CEO of Marriott Vacations Worldwide Corp (VAC), received an award of 27 shares on 2026-06-10. The Form 4 records the acquisition as 27 shares at $0.00 (total reported value $0). This was an award/grant (not a market purchase or sale).
Key Details
- Transaction date: 2026-06-10; reported on Form 4 filed 2026-06-11 (next day).
- Transaction type/code: A — Grant/award or other acquisition.
- Shares acquired: 27 shares at $0.00 (reported value $0).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The reporting person elected to receive dividends on Non-Employee Director Share Awards as additional such awards; those additional awards vest immediately and are payable in common stock per the deferral election.
- Timeliness: Filing appears timely (filed the day after the transaction).
Context
This was an equity award (likely related to dividend-equivalent or director award treatment) that vested immediately upon issuance. Such awards are compensation-related and do not necessarily signal a personal buying or selling decision about the company’s stock.