Marriott Vacations (VAC) EVP John D. Fitzgerald Withholds 819 Shares

What Happened

• John D. Fitzgerald, Executive Vice President and Chief Marketing, Sales and Service Officer at Marriott Vacations Worldwide (VAC), had 819 shares withheld by the company to satisfy a tax withholding obligation tied to an equity award/option event. The shares were valued at $56.08 each, totaling about $45,930. This is a tax-withholding disposition (routine), not an open-market sale.

Key Details

• Transaction date: 2026-02-17 (reported on Form 4 filed 2026-02-18).
• Shares withheld/disposed: 819 shares at $56.08 per share; total value ~$45,930.
• Post-transaction holdings: not specified in the provided filing excerpt.
• Footnote: Company withheld shares to pay the tax liability (footnote F1).
• Timeliness: Filing was dated the day after the transaction (appears timely based on provided dates).

Context

• This was a tax-withholding action (company retained shares to cover taxes) typically following vesting or option exercise; it does not represent an active market sale or a new purchase signal.
• Such withholdings are routine and common after equity awards and generally don’t indicate insider sentiment about the stock.