Marcus Andrew T. 4

What Happened
Marcus Andrew T., General Counsel and Corporate Secretary of Marriott Vacations Worldwide (VAC), had 37 shares withheld by the company to satisfy a tax liability related to an equity transaction. The withholding occurred on 2026-04-15 at $68.63 per share, for a total value of about $2,539. This is a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-04-15; Form filed: 2026-04-16 (next day) — appears timely.
• Transaction type/code: F — payment of exercise price or tax liability; shares withheld by the company.
• Shares involved: 37 shares withheld at $68.63/share; total value ≈ $2,539.
• Shares owned after transaction: Not stated in the filing.
• Footnote: F1 — "Shares withheld by the Company for the payment of tax liability."

Context
This is a routine "sell-to-cover" or withholding to meet tax obligations commonly following option exercises or vesting of awards. It represents a disposition for tax purposes rather than a voluntary open-market sale, and therefore generally provides limited information about the insider's view of the company's prospects.