MARRIOTT VACATIONS WORLDWIDE Corp 8-K

What Happened
Marriott Vacations Worldwide Corporation filed an 8-K on March 6, 2026, reporting that James H. Hunter, IV resigned at the company’s request as Executive Vice President, General Counsel and Secretary effective March 9, 2026. His employment will end April 1, 2026. Mr. Hunter entered into a Separation Agreement with the company that provides for a severance payment and other standard separation terms.

Key Details

• Resignation effective date: March 9, 2026; employment termination date: April 1, 2026.
• Severance payment: $1,500,504 (described as 1.5× Mr. Hunter’s 2026 base salary plus 2026 target bonus).
• Equity and awards: outstanding restricted stock units, performance shares and stock appreciation rights will be treated consistent with their existing terms.
• Separation Agreement includes a general release of claims by Mr. Hunter and his agreement to comply with certain restrictive covenants. The Separation Agreement is filed as Exhibit 10.1; a press release is filed as Exhibit 99.1.

Why It Matters
This filing informs investors of a change in senior legal and corporate secretary leadership and discloses the financial and contractual terms of the separation. The severance amount and the treatment of equity awards are specified, providing transparency about near-term cash/compensation impact and how outstanding incentive awards will be handled. Investors tracking governance, legal leadership continuity, or executive compensation should note the dates and terms disclosed.