Stock awards granted to Marriott Vacations (VAC) executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marriott Vacations Worldwide executive Tony M. Walker received new equity awards as part of his compensation. He was granted 19,086 stock appreciation rights tied to common stock at an exercise price of $70.379 per share, expiring on March 19, 2036, and 4,936 shares of common stock.
The stock appreciation rights vest in four approximately equal installments over a four-year period beginning on March 19, 2027. After these awards, Walker holds 19,086 stock appreciation rights and 4,936 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Walker Tony M.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Right | 19,086 | $0.00 | -- |
| Grant/Award | Common Stock | 4,936 | $0.00 | -- |
Holdings After Transaction:
Stock Appreciation Right — 19,086 shares (Direct);
Common Stock — 4,936 shares (Direct)
Footnotes (1)
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FAQ
What equity awards did Tony M. Walker receive at Marriott Vacations (VAC)?
Tony M. Walker received 19,086 stock appreciation rights and 4,936 shares of common stock. These awards are part of his compensation and give him additional exposure to Marriott Vacations Worldwide’s stock performance over time.
What is the exercise price of Tony M. Walker’s stock appreciation rights at VAC?
The stock appreciation rights granted to Tony M. Walker have an exercise price of $70.379 per share. This means value is realized only if Marriott Vacations Worldwide’s stock trades above that level before the rights expire in 2036.
When do Tony M. Walker’s Marriott Vacations stock appreciation rights vest?
The stock appreciation rights vest in four approximately equal installments over a four-year period beginning on March 19, 2027. This schedule encourages long-term retention and aligns Walker’s incentives with Marriott Vacations Worldwide’s future performance.
How many stock appreciation rights does Tony M. Walker hold in VAC after the grant?
After the transaction, Tony M. Walker holds 19,086 stock appreciation rights tied to Marriott Vacations Worldwide common stock. These rights expire on March 19, 2036 and can deliver value if the stock price exceeds the $70.379 exercise price.
Is Tony M. Walker’s Form 4 transaction in VAC a purchase or a grant?
The Form 4 reports grant or award acquisitions, not open-market purchases. Tony M. Walker received stock appreciation rights and common shares as compensation, with no cash purchase, reflecting an equity-based incentive rather than a market trade.