Bukkapatnam Raman 4
4 · MARRIOTT VACATIONS WORLDWIDE Corp · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Marriott Vacations (VAC) EVP/CIO B. Raman Withholds 373 Shares
What Happened Bukkapatnam Raman, Executive Vice President and Chief Information Officer of Marriott Vacations Worldwide (VAC), had 373 shares withheld by the company to satisfy a tax liability tied to equity compensation. The shares were valued at $56.08 each for a total of $20,918 and were recorded on 2026-02-17. This is a tax-withholding disposition (not an open-market sale or a purchase).
Key Details
- Transaction date: 2026-02-17; price per share: $56.08; total value: $20,918.
- Transaction type/code: F — shares withheld by the company to pay taxes (treated as a disposition).
- Shares owned after transaction: not specified in this filing.
- Footnote F1: confirms shares were withheld by the Company for payment of tax liability.
- Footnote F2: filing balance was revised to reflect the reporting person's acquisition of 1 share under the 2015 ESPP (purchased at 95% of the Mar 31, 2025 closing price); that ESPP purchase is exempt under Rule 16b-3(c).
- Filing appears timely (reporting period 2026-02-17; filing date 2026-02-18).
Context Withholding shares to cover taxes is a routine administrative step following vesting or exercise of equity awards and is different from an open-market sale that might signal a change in sentiment. This transaction reflects tax withholding after an equity event rather than a discretionary sale or purchase by the insider.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-02-17$56.08/sh−373$20,918→ 8,441 total
Footnotes (2)
- [F1]Shares withheld by the Company for the payment of tax liability.
- [F2]The balance is revised to reflect the reporting person's acquisition of 1 share of the Issuer's common stock pursuant to the Issuer's 2015 Employee Stock Purchase Plan ("ESPP"). In accordance with the ESPP provisions, these shares were purchased based on 95% of the closing price of the Issuer's common stock on March 31, 2025. This transaction is exempt under Rule 16b-3(c).