J.W. Marriott, Jr. Reports 8,276 MVW Shares with Sole Voting Power

Ticker: VAC · Form: SC 13D/A · Filed: Feb 8, 2024 · CIK: 1524358

Complexity: simple

Sentiment: neutral

Topics: insider-ownership, amendment, beneficial-ownership

TL;DR

**J.W. Marriott, Jr. now holds 8,276 shares of MVW with sole voting power.**

AI Summary

J.W. Marriott, Jr. filed an amended Schedule 13D/A on February 8, 2024, indicating a change in his beneficial ownership of Marriott Vacations Worldwide Corporation (MVW) common stock. He now beneficially owns 8,276 shares with sole voting power. This filing updates previous disclosures and is important for investors as it shows a prominent insider's current direct stake in the company, which can signal confidence or lack thereof in the company's future performance.

Why It Matters

This filing updates the public on J.W. Marriott, Jr.'s direct ownership in Marriott Vacations Worldwide, providing transparency on an influential insider's stake.

Risk Assessment

Risk Level: low — This filing is a routine update of an insider's ownership and does not indicate any immediate financial risk to the company or its investors.

Analyst Insight

Investors should note this filing as an update on an insider's direct holdings, but it doesn't suggest any immediate action given the routine nature of the amendment and the relatively small number of shares compared to the company's total outstanding shares.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

Who is the reporting person in this SC 13D/A filing?

The reporting person in this SC 13D/A filing is J.W. Marriott, Jr., as stated on Page 2 of 5 Pages under 'NAME OF REPORTING PERSON'.

What is the name of the issuer whose securities are being reported?

The name of the issuer is MARRIOTT VACATIONS WORLDWIDE CORPORATION, as specified on the cover page of the Schedule 13D/A.

How many shares does J.W. Marriott, Jr. beneficially own with sole voting power according to this filing?

J.W. Marriott, Jr. beneficially owns 8,276 shares with sole voting power, as indicated on Page 2 of 5 Pages under 'NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SOLE VOTING POWER'.

What is the CUSIP number for the class of securities reported?

The CUSIP number for the Common Stock, par value $0.01 per share, is 57164Y107, as listed on the cover page and Page 2 of 5 Pages.

What was the date of the event that required this filing?

The date of the event which requires the filing of this statement was February 8, 2024, as stated on the cover page of the Schedule 13D/A.

Filing Stats: 1,296 words · 5 min read · ~4 pages · Grade level 8.4 · Accepted 2024-02-08 16:40:30

Key Financial Figures

Filing Documents

Security and Issuer

Item 1. Security and Issuer

of the Schedule 13D is hereby deleted in

Item 1 of the Schedule 13D is hereby deleted in its entirety and substituted by the following: The class of equity securities to which this Amendment No. 5 relates is the Common Stock, par value $0.01 per share (the “MVWC Stock”), of Marriott Vacations Worldwide Corporation, a Delaware corporation (“MVWC”). The principal executive offices of MVWC are located at 7812 Palm Parkway, Orlando, FL 32836.

Identity and Background

Item 2. Identity and Background

of the Schedule 13D is hereby deleted in

Item 2 of the Schedule 13D is hereby deleted in its entirety and substituted by the following: The business address of the Reporting Person is as follows: J.W. Marriott, Jr. c/o Marriott International, Inc. 7750 Wisconsin Avenue Bethesda, MD 20814 The present principal occupation of the Reporting Person is Chairman Emeritus, Marriott International, Inc. During the last five years, the Reporting Person has not been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors). During the last five years, the Reporting Person has not been a party to any civil proceeding of a judicial or administrative body of competent jurisdiction as the result of which she was or is subject to any judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. The Reporting Person is a citizen of the United States of America. Schedule 13D/A Marriott Vacations Worldwide Corporation Page 4 of 5 Pages

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer

of the Schedule 13D is hereby deleted in

Item 5 of the Schedule 13D is hereby deleted in its entirety and substituted by the following: (a) See Items 11 and 13 and the footnotes thereto of the cover page to this Amendment No. 5, which are incorporated herein by reference, for the aggregate number of shares and percentage of the issued and outstanding MVWC Stock owned by the Reporting Person. (b) See Items 7 and 9 and the footnotes thereto of the cover page to this Amendment No. 5, which are incorporated herein by reference, for the aggregate number of shares of MVWC Stock beneficially owned by the Reporting Person as to which there is sole power to vote or direct the vote or sole power to dispose or to direct the disposition of such shares of MVWC Stock. See Items 8 and 10 and the footnotes thereto of the cover page to this Amendment No. 5, which are incorporated herein by reference, for the aggregate number of shares of MVWC Stock beneficially owned by the Reporting Person as to which there is shared power to vote or direct the vote or shared power to dispose or to direct the disposition of such shares of MVWC Stock. (c) The Reporting Person has not effected any transactions in the MVWC Stock during the past sixty days. (d) Except as provided in Item 4 and as described in the footnotes to the cover pages of this Amendment No. 5, no other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of MVWC Stock referred to in paragraphs (a) and (b) above. (e) The Reporting Person determined that beneficial ownership of the shares of MVAC Stock beneficially owned by JWM Family Enterprises, Inc. should no longer be attributed to the Reporting Person. As a result, the Reporting Person ceased to be the beneficial owner of more than five percent of the outstanding MVWC Stock. Schedule 13D/A Marriott Vacations Worldwide Corporation Page 5 of 5 Pages Signature After reasonable inquiry and to the best of my knowledge a

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