Gray Jonice M 4

What Happened

• Jonice M. Gray, a director of Marriott Vacations Worldwide Corp (VAC), was granted 138 shares as a non-employee director award on 2026-03-18. The Form 4 shows the acquisition code "A" (award/grant) at a $0.00 price, indicating these were compensation shares rather than a market purchase.

Key Details

• Transaction date: 2026-03-18 (reported on Form 4 filed 2026-03-19).
• Transaction type/code: Award/Grant (A).
• Shares received: 138 shares; reported acquisition price $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The reporting person elected to receive dividends on these non-employee director awards as additional share awards; such additional awards vest immediately upon issuance and are payable in common stock as specified by the director.
• Timeliness: Filing was submitted one day after the transaction date and appears timely.

Context

• This was a director compensation award (common corporate practice) rather than a purchase or sale; awards at $0 generally reflect compensation grants. Such grants do not necessarily indicate the director buying or selling stock for investment reasons.