Yonker Michael E. 4

What Happened
Michael E. Yonker, Executive Vice President and Chief Human Resources and Global Communications Officer at Marriott Vacations Worldwide (VAC), had 843 shares withheld by the company on Feb 17, 2026 to satisfy tax liabilities tied to an equity event. The withholding was at $56.08 per share, totaling $47,275. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-02-17; Filing date: 2026-02-18 (timely filing).
• Transaction type/code: F — shares withheld by the company for payment of tax liability.
• Shares withheld: 843 at $56.08 each; total value ≈ $47,275.
• Shares owned after the transaction: Not specified in this Form 4 filing.
• Footnote: F1 confirms shares were withheld to cover tax liability (company withholding).
• Filing status: Not indicated as late; filed the next day after the reported transaction.

Context
This is an administrative, tax-withholding transaction commonly seen when options vest or restricted shares settle. It reduces the insider’s share count but is not an active market sale and does not necessarily signal a change in sentiment. For investors, purchases typically carry more informational weight than routine withholdings.