Marino Jason P. 4/A

What Happened
Jason P. Marino, Executive Vice President and Chief Financial Officer of Marriott Vacations Worldwide (VAC), was granted 63,629 derivative awards (reported as a grant/award) on March 4, 2026. The award is a stock appreciation right (SAR)-style grant reported at $0 cash paid; the correct conversion/exercise price for the awards is $68.025 (amendment corrects an earlier error). The awards vest in four equal annual installments beginning February 15, 2027.

Key Details

• Transaction date: March 4, 2026; Form 4 originally filed March 6, 2026 and amended March 12, 2026 to correct exercise price (accession 0001992394-26-000009).
• Award: 63,629 SARs (derivative grant); reported acquisition price $0.00; corrected exercise/conversion price: $68.025 (see footnote).
• Vesting: Four equal installments over four years starting Feb 15, 2027.
• Shares owned after transaction: Not specified in the provided filing details.
• Filing status: This is an amended filing made to correct an administrative error in the originally reported conversion/exercise price; no other changes reported.

Context
SARs are derivative awards that typically pay the holder the appreciation in the company’s stock price above the exercise price (settlement in cash or stock can vary and is not specified here). Grants to executives are common as part of compensation and do not by themselves indicate the insider is buying or selling shares. The amendment simply corrects the exercise price; the original Form 4 was filed promptly after the grant and subsequently amended to fix the error.