Marino Jason P. 4

What Happened

Jason P. Marino, Executive Vice President and Chief Financial Officer of Marriott Vacations Worldwide (VAC), was granted 10,000 restricted stock units (RSUs) on 2026-01-21. The Form 4 reports the acquisition as 10,000 shares at $0.00 (i.e., an award/grant), so no cash purchase price is shown. This is an equity compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-21; Form 4 filed 2026-01-22 (timely; within the typical 2-business-day window).
• Transaction type/code: A (Award/Grant); 10,000 RSUs acquired at $0.00 per share on Form 4.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: RSUs issued under the Issuer’s 2020 Equity Incentive Plan; vest in full on the second anniversary of the grant date.
• No tax-withholding, sale, or 10b5-1 plan notation included in the filing.

Context

RSUs are a common form of executive compensation that convert into company shares upon vesting; this grant will convert to shares if Marino remains employed until the vesting date (two years after the grant). Such awards reflect compensation or retention policies rather than a direct market view by the insider, so they should not be interpreted the same way as an outright purchase or sale.