Flaskey Michael 4
Research Summary
AI-generated summary
Marriott Vacations (VAC) President Michael Flaskey Buys Stock
What Happened
- Michael Flaskey, President and Chief Operating Officer of Marriott Vacations Worldwide (VAC), purchased a total of 14,862 shares in open-market transactions on March 10, 2026.
- Transactions reported: 2,814 shares at a VWAP of $66.64 ($187,525); 11,848 shares at a VWAP of $67.39 ($798,437); and 200 shares at a VWAP of $68.37 ($13,674). Total reported cost ≈ $999,636.
- These were purchases (insider buying). Insider buys are often viewed as a positive signal by investors, though the filing does not state the insider’s motivation.
Key Details
- Transaction date: 2026-03-10 (all purchases executed that day).
- Prices: reported as VWAPs reflecting multiple trades; footnotes indicate price ranges:
- Lot 1 (F2): trades ranged $66.00–$66.925, VWAP $66.64.
- Lot 2 (F3): trades ranged $67.05–$68.045, VWAP $67.39.
- Lot 3 (F4): trades ranged $68.10–$68.63, VWAP $68.37.
- F1 notes these were open market purchases.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing timeliness: Reported and filed with period of report 2026-03-10 (no late filing indicated).
Context
- These were straightforward open-market purchases (transaction code P). No options, awards, gifts, or tax-withholding events are involved.
- The filing includes undertakings to provide, upon request, details of the number of shares bought at each price within the reported ranges (per the footnotes).