Haeggberg Denise N. 4

What Happened Denise N. Haeggberg, Chief Human Resources Officer of Marriott Vacations Worldwide (VAC), was awarded a total of 12,814 shares on March 4, 2026: 2,633 shares reported as an acquisition and 10,181 shares reported as a derivative award. Both items show an acquisition price of $0.00 in the Form 4 (i.e., these were grants/awards rather than open-market purchases). The filing reports no cash paid for the grants.

Key Details

• Transaction date: 2026-03-04 (reported on Form 4 filed 2026-03-06; filing appears timely)
• Awards: 2,633 shares @ $0.00 (acquired); 10,181 derivative shares @ $0.00 (acquired)
• Total awarded: 12,814 shares
• Shares owned after transaction: not specified in this filing
• Footnote: The derivative award vests in four equal installments over a four-year period beginning February 15, 2027
• No 10b5-1 plan, tax withholding sale, or immediate sale/exercise reported

Context The 10,181 "derivative" shares are likely time‑vesting equity (e.g., RSUs) that are not immediately tradable and will vest per the stated schedule; such awards are standard executive compensation and do not by themselves indicate insider buying or selling intent. There was no option exercise, cash purchase, or immediate disposition reported in this filing.