Marriott Vacations (VAC) CEO Matthew E. Avril Receives 23-Share Award

What Happened

• Matthew E. Avril, CEO of Marriott Vacations Worldwide (VAC), received an award of 23 shares on 2026-09-30. The filing reports an acquisition (A) of 23 shares at $0.00 (total reported value $0).
• This was an award/grant (not an open-market purchase or sale) and, per the filing, the additional awards vest immediately upon issuance.

Key Details

• Transaction date: 2026-09-30; Form 4 filed: 2026-10-01 (timely — within the SEC two-business-day rule).
• Transaction type/code: A (Award/Grant); Shares acquired: 23; Price reported: $0.00; Reported total value: $0.
• Shares owned after transaction: Not specified in this filing.
• Footnote: The reporting person elected to receive dividends on certain Non‑Employee Director Share Awards in the form of additional share awards. Those additional awards vest immediately upon issuance and are payable in common stock as specified at the time of election.

Context

• This is an award issuance (compensation/dividend election related), not a purchase or sale — it does not directly indicate insider buying or selling intent.
• Such awards are often part of director/shareholder compensation or dividend-deferral elections and may immediately vest per the election terms.