Marino Jason P. 4

What Happened Jason P. Marino, Executive Vice President and Chief Financial Officer of Marriott Vacations Worldwide (VAC), was granted equity awards on March 4, 2026 totaling 80,083 units: 16,454 shares reported as acquired and 63,629 reported as derivative awards. Both items are reported with an acquisition price of $0 (code A — grant/award), so the Form 4 shows $0 cash paid for the awards.

Key Details

• Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (filed within the typical 2-business-day reporting window).
• Awards: 16,454 shares (acquired) + 63,629 derivative units = 80,083 total.
• Price/value on Form 4: $0 (grant/award reporting); economic value will be reflected in company compensation disclosures.
• Footnote: The derivative portion vests in four equal installments over a four-year period beginning February 15, 2027 (per F1).
• Shares owned after the transaction: not specified in the excerpt of the filing.

Context These entries are compensation awards (not open-market purchases or sales). The "derivative" line typically reflects restricted stock units or similar time- or performance‑based awards that vest later; here they vest in annual installments starting Feb 15, 2027. Such grants are common for executives and do not by themselves indicate a buy or sell signal.