HUNTER JAMES H IV 4

What Happened

• Hunter James H IV, Executive Vice President, General Counsel and Secretary of Marriott Vacations Worldwide (VAC), had 1,512 shares withheld by the company to satisfy a tax liability. The shares were valued at $56.08 each, for a total of $84,793. This is a routine tax-withholding disposition rather than an open-market sale.

Key Details

• Transaction date: 2026-02-17
• Price per share: $56.08; total value of withheld shares: $84,793
• Shares withheld: 1,512 (reported as a disposition under code F)
• Footnote: F1 — shares withheld by the Company for the payment of tax liability
• Shares owned after transaction: not specified in this Form 4
• Filing timeliness: Report filed 2026-02-18 for a 2026-02-17 transaction (appears timely)

Context

• Code F indicates the shares were withheld to cover tax obligations related to an equity event (e.g., option exercise or vesting). This is a non-market transaction (company withholding), not a sale that signals a change in sentiment.
• For retail investors: tax-withholding dispositions are common and typically routine; purchases or open-market sales are often more informative about an insider’s view.