Galligan Mary E 4

What Happened
Mary E. Galligan, a director of Marriott Vacations Worldwide (VAC), was granted 55 Non‑Employee Director Share Awards on 2026-03-18. The awards were issued at $0.00 per share (total reported value $0), i.e., they were granted as compensation rather than bought.

Key Details

• Transaction type: Award/Grant (code A) of 55 shares on 2026-03-18.
• Price: $0.00 per share; total reported value $0.
• Shares owned after transaction: not disclosed in the provided filing.
• Filing date / timeliness: Form 4 filed 2026-03-19 (one day after the transaction).
• Footnote: The reporting person elected to receive dividends on these awards as additional Non‑Employee Director Share Awards; such additional awards vest immediately upon issuance and are payable in common stock per the deferral election.

Context
This is a standard director compensation award (not a market purchase or sale). Grants to non‑employee directors are common and reflect compensation, not necessarily a buy/sell signal about the company. The footnote indicates dividend equivalents were paid as immediately vested stock awards under the director deferral election.