Marriott Vacations (VAC) CFO Jason Marino Receives Award

What Happened Jason P. Marino, Executive Vice President and Chief Financial Officer of Marriott Vacations Worldwide (VAC), received a grant of 18,750 restricted stock units (RSUs) on August 17, 2026. The award is reported as a derivative grant (code A) at $0.00 per share (no immediate cash value). The RSUs are a performance-based award: the actual number of shares delivered at vesting may range from 0% to 200% of the 18,750 target depending on specified stock price performance.

Key Details

• Transaction date: 2026-08-17; Form 4 filed: 2026-08-18 (timely).
• Reported grant: 18,750 RSUs at $0.00 (derivative award).
• Vesting/distribution: Vests on December 31, 2028 or June 30, 2029 (as applicable) and will be distributed after the issuer certifies performance.
• Performance multiplier: Final payout may be 0%–200% of target based on stock price performance over the performance period (see footnote F1).
• Shares owned after transaction: Not specified in the provided filing.
• Filing status: Not marked late.

Context This is a forward-looking, performance-based compensation award, not an open-market purchase or sale. RSUs like these do not provide immediate tradable shares or cash; they convert to stock only if performance and vesting conditions are met and are commonly used to align executive pay with shareholder returns.