MARRIOTT VACATIONS WORLDWIDE Corp·4

Mar 6, 4:22 PM ET

Butera Stephanie Sobeck 4

Research Summary

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Marriott Vacations (VAC) Former Officer Stephanie Butera Receives Award

What Happened

  • Stephanie Sobeck Butera, who ceased to be an officer of Marriott Vacations Worldwide (VAC) effective March 6, 2026, was granted equity awards on March 4, 2026. The filing shows acquisition of 3,291 shares (direct) and 12,726 derivative shares, each at $0.00, for a total of 16,017 shares awarded. This was an award/grant (code A), not a market purchase or sale.

Key Details

  • Transaction date: March 4, 2026; Form filed March 6, 2026 (timely within the two-business-day window).
  • Awards: 3,291 shares acquired at $0.00; 12,726 derivative shares acquired at $0.00.
  • Vesting: Footnote F1 — the derivative award (12,726 shares) vests in four equal installments over four years beginning February 15, 2027.
  • Shares owned after transaction: Not specified in the provided excerpt of the filing.
  • Remark: Reporting person ceased to be an officer of the issuer as of March 6, 2026.

Context

  • This was an equity award (grant), which is routine compensation rather than an open-market buy or sale; awards don’t necessarily indicate near-term trading intent.
  • The derivative portion is time‑based and won’t fully vest until future dates starting Feb 15, 2027, so its value to the insider depends on continued service and future stock performance.