Pighini Kathleen A. 4

What Happened
Kathleen A. Pighini, Senior Vice President, Corporate Controller and Chief Accounting Officer of Marriott Vacations Worldwide (VAC), had 963 shares withheld by the company to satisfy a tax liability related to equity compensation. The withholding was recorded at $56.08 per share, totaling approximately $54,005. This is a tax-withholding disposition (routine), not an open-market sale.

Key Details

• Transaction date: 2026-02-17
• Withheld shares: 963 at $56.08 per share; total value ≈ $54,005
• Filing date: 2026-02-18 (timely relative to the reported transaction date)
• Footnote: F1 — shares were withheld by the company for payment of tax liability
• Shares owned after the transaction: not specified in the provided filing

Context
Tax-withholding share dispositions are common when restricted shares vest or options are exercised; the company withholds shares to cover required taxes rather than the insider selling shares on the open market. Such transactions are generally administrative and do not necessarily indicate the insider's view on the stock. Purchases or open-market sales typically provide clearer signals about insider sentiment.