Butera Stephanie Sobeck 4
4 · MARRIOTT VACATIONS WORLDWIDE Corp · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Marriott Vacations (VAC) Former Officer Stephanie Butera Receives Award
What Happened
- Stephanie Sobeck Butera, who ceased to be an officer of Marriott Vacations Worldwide (VAC) effective March 6, 2026, was granted equity awards on March 4, 2026. The filing shows acquisition of 3,291 shares (direct) and 12,726 derivative shares, each at $0.00, for a total of 16,017 shares awarded. This was an award/grant (code A), not a market purchase or sale.
Key Details
- Transaction date: March 4, 2026; Form filed March 6, 2026 (timely within the two-business-day window).
- Awards: 3,291 shares acquired at $0.00; 12,726 derivative shares acquired at $0.00.
- Vesting: Footnote F1 — the derivative award (12,726 shares) vests in four equal installments over four years beginning February 15, 2027.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Remark: Reporting person ceased to be an officer of the issuer as of March 6, 2026.
Context
- This was an equity award (grant), which is routine compensation rather than an open-market buy or sale; awards don’t necessarily indicate near-term trading intent.
- The derivative portion is time‑based and won’t fully vest until future dates starting Feb 15, 2027, so its value to the insider depends on continued service and future stock performance.
Insider Transaction Report
Form 4Exit
Butera Stephanie Sobeck
See Remarks
Transactions
- Award
Common Stock
[F1]2026-03-04+3,291→ 11,585 total - Award
Stock Appreciation Right
[F1]2026-03-04+12,726→ 12,726 totalExercise: $60.78Exp: 2036-03-04→ Common Stock (12,726 underlying)
Footnotes (1)
- [F1]Vests in four equal installments over the four-year period beginning on February 15, 2027.
Signature
/s/ Harold Herman, Attorney-In-Fact|2026-03-06