Marriott Vacations (VAC) Former Officer John D. Fitzgerald Receives Award

What Happened John D. Fitzgerald — who ceased to be an officer of Marriott Vacations Worldwide Corp (VAC) effective March 6, 2026 — was granted 30,542 derivative shares (reported as an award/stock appreciation right) on March 4, 2026. The Form 4 shows the award was acquired at $0.00 (typical for grants); an amended filing corrects the conversion/exercise price to $68.025. The award vests in four equal annual installments beginning February 15, 2027.

Key Details

• Transaction date: March 4, 2026 (award/grant, code A).
• Reported acquisition: 30,542 derivative securities; reported acquisition price $0.00.
• Corrected conversion/exercise price: $68.025 (amendment filed March 12, 2026; original Form 4 filed March 6, 2026 had an incorrect price).
• Vesting: Four equal installments over four years starting Feb 15, 2027 (Footnote F2).
• Shares owned after the transaction: not specified in the provided filing.
• Filing status: This is an amended Form 4 correcting the exercise price; the amendment notes an administrative error — not presented as a late reporting issue.
• Remark: Reporting person ceased to be an officer as of March 6, 2026.

Context This was a compensation award in the form of stock appreciation rights (SARs), which pay out only if the stock’s future price exceeds the exercise/conversion price; it is not an immediate cash purchase or sale. Such awards are common executive compensation and do not by themselves indicate an insider buying/selling shares in the open market.