QUAZZO STEPHEN R 4

What Happened

• Stephen R. Quazzo, a director of Marriott Vacations Worldwide (VAC), was granted 31 non-employee director share awards on 2026-03-18. The reported acquisition price is $0.00, indicating these shares were issued as compensation rather than purchased (total reported value $0).
• This transaction is coded as an award/grant (A) and does not represent a purchase or sale of stock.

Key Details

• Transaction date: 2026-03-18; Form 4 filed: 2026-03-19 (timely filing).
• Shares granted: 31; reported acquisition price: $0.00; reported total value: $0.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: The reporting person elected to receive dividends on these director awards as additional non-employee director share awards. Those additional awards vest immediately upon issuance and are payable in common stock as elected (see footnote F1).
• Transaction type: Award/Grant (A); not a purchase (P) or sale (S).

Context

• Non-employee director share awards are a form of compensation and generally reflect director pay, not a personal buy/sell decision. Such awards are commonly issued to align directors’ interests with shareholders but do not necessarily signal a view on the stock.
• The dividend-election detail means any dividends attributable to these awards were converted into immediate additional shares rather than cash.