Pighini Kathleen A. 4

What Happened

Kathleen A. Pighini, Senior Vice President, Corporate Controller and Chief Accounting Officer of Marriott Vacations Worldwide (VAC), was granted a total of 7,144 shares on March 4, 2026. The filing shows two awards: 4,344 shares (direct award) and 2,800 shares reported as a derivative award. Both awards are reported at $0.00 per share (awards/compensation, not open-market purchases), so the filing records $0 cash paid.

Key Details

• Transaction date: 2026-03-04 (filed with the SEC on 2026-03-06). Filing appears timely.
• Awards reported:
  • 4,344 shares — Grant/award (A) @ $0.00
  • 2,800 shares — Grant/award (A) (derivative) @ $0.00
  • Total awarded: 7,144 shares; total cash consideration shown: $0.00.
• Vesting: Footnote F1 — vests in four equal installments over the four-year period beginning February 15, 2027.
• Shares owned after transaction: not specified in the provided filing summary.
• No indication of a 10b5-1 plan, sale, or tax-withholding reported in this summary.

Context

These awards are compensation grants, not open-market purchases or sales, and typically vest over time — they do not represent an immediate change in market holdings. The 2,800-share item is a derivative award (e.g., restricted or similar award structure) per the filing classification; vesting is governed by the noted schedule.