VAC insider ownership: who sold, why, and what they still hold

What stands out

Christian Asmar sold $83.6M of stock with no disclosed trading plan. The filings don't state a reason.Largest such sale, Aug 19, 2026

11 insiders bought shares: Christian Asmar (84K shares, $4.0M), Michael Flaskey (15K shares, $1000K) and William Shaw (20K shares, $921K), plus 8 more.Christian Asmar: purchase, Nov 19, 2025 · Michael Flaskey: purchase, Mar 10, 2026 · William Shaw: purchase, Nov 14, 2025

A share of stake is shown for 0 of the 2 officers and directors who sold. 25 are left out

Left out: Christian Asmar, William Shaw, James Hunter IV, Brian Miller, William McCarten, Charles Andrews, Jason Marino, Dianna Morgan, Stephen Quazzo, Lizanne Galbreath, John Fitzgerald, Michael Yonker, Andrew Marcus, Jonice Gray, Kathleen Pighini, Lori Gustafson, Raman Bukkapatnam, Stephanie Butera, Mary Galligan, Denise Haeggberg, Matthew Avril, James Dausch, Michael Flaskey, Tony Walker and Vladimir Anokhin (share of stake is being verified).

Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Christian Asmar

Director

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$83.6MNo plan disclosed

Kathleen Pighini

Senior Vice President, Corporate Controller and Chief Accounting Officer

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$300KNo plan disclosed

Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

No plan disclosedOne dollar scale for every month; the tallest bar is labeled

Recent activity

Past 30 days, Sep 14, 2026 to Oct 13, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Aug 19, 2026Christian Asmar sold 750K shares ($83.6M) with no plan disclosed.

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Christian Asmar Director	750,000	$111.49	n/a	n/a	Aug 19, 2026	Aug 20, 2026

Common questions

Is the Marriott Vacations Worldwide Corp CEO selling stock?

No. Matthew Avril reported no open-market sales in the past 12 months.

Why are Marriott Vacations Worldwide Corp insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any Marriott Vacations Worldwide Corp insiders buying?

Yes. 11 officers or directors reported 15 purchases in the past 12 months (Form 4 code P; rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust are not counted).

The evidence

Who sold2 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
Christian Asmar Director	$83.6M 750K shares	Not confirmed share of stake is being verified. Why	No plan disclosed
Kathleen Pighini Senior Vice President, Corporate Controller and Chief Accounting Officer	$300K 2.5K shares	Not confirmed share of stake is being verified. Why	No plan disclosed

The full ownership picture0 of 25 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider	Held Oct 13, 2025	Sold	Held Oct 13, 2026	Still held
Christian Asmar ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Christian Asmar are complete. Director	n/a	−750K	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Christian Asmar Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Christian Asmar are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
William Shaw ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for William Shaw are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for William Shaw Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for William Shaw are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
James Hunter IV ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for James Hunter IV are complete. Executive Vice President, General Counsel and Secretary	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for James Hunter IV Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for James Hunter IV are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −1.5Kwithheld by the company for taxes
Brian Miller ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Brian Miller are complete. President, Vacation Ownership	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Brian Miller Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Brian Miller are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
William McCarten ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for William McCarten are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for William McCarten Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for William McCarten are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Charles Andrews ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Charles Andrews are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Charles Andrews Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Charles Andrews are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Jason Marino ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jason Marino are complete. Executive Vice President and Chief Financial Officer	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Jason Marino Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jason Marino are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −1.9Kwithheld by the company for taxes
Dianna Morgan ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Dianna Morgan are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Dianna Morgan Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Dianna Morgan are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Stephen Quazzo ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Stephen Quazzo are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Stephen Quazzo Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Stephen Quazzo are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Lizanne Galbreath ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Lizanne Galbreath are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Lizanne Galbreath Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Lizanne Galbreath are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
John Fitzgerald ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for John Fitzgerald are complete. The Reporting Person ceased to be an officer of the Issuer as of March 6, 2026	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for John Fitzgerald Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for John Fitzgerald are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −819withheld by the company for taxes
Michael Yonker ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Michael Yonker are complete. Executive Vice President and Chief Human Resources and Global Communications Officer	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Michael Yonker Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Michael Yonker are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −843withheld by the company for taxes
Andrew Marcus ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Andrew Marcus are complete. General Counsel and Corporate Secretary	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Andrew Marcus Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Andrew Marcus are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −37withheld by the company for taxes
Jonice Gray ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jonice Gray are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Jonice Gray Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jonice Gray are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Kathleen Pighini ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Kathleen Pighini are complete. Senior Vice President, Corporate Controller and Chief Accounting Officer	n/a	−2.5K	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Kathleen Pighini Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Kathleen Pighini are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −989withheld by the company for taxes
Lori Gustafson ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Lori Gustafson are complete. Executive Vice President and Chief Membership and Commercial Services Officer	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Lori Gustafson Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Lori Gustafson are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −987withheld by the company for taxes
Raman Bukkapatnam ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Raman Bukkapatnam are complete. Executive Vice President and Chief Information Officer	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Raman Bukkapatnam Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Raman Bukkapatnam are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −1.4Kwithheld by the company for taxes
Stephanie Butera ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Stephanie Butera are complete. The Reporting Person ceased to be an officer of the Issuer as of March 6, 2026	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Stephanie Butera Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Stephanie Butera are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −476withheld by the company for taxes
Mary Galligan ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Mary Galligan are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Mary Galligan Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Mary Galligan are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Denise Haeggberg ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Denise Haeggberg are complete. Chief Human Resources Officer	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Denise Haeggberg Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Denise Haeggberg are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Matthew Avril ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Matthew Avril are complete. Chief Executive Officer, Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Matthew Avril Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Matthew Avril are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
James Dausch ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for James Dausch are complete. Director	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for James Dausch Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for James Dausch are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Michael Flaskey ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Michael Flaskey are complete. President and Chief Operating Officer	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Michael Flaskey Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Michael Flaskey are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts) −11Kwithheld by the company for taxes
Tony Walker ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Tony Walker are complete. Executive Vice President and Chief Sales and Marketing Officer	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Tony Walker Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Tony Walker are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)
Vladimir Anokhin ! Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Vladimir Anokhin are complete. Chief Strategy and Transformation Officer	n/a	0	n/a	n/a
Vesting, gifts, unvested awards and holding lines for Vladimir Anokhin Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Vladimir Anokhin are complete; balances and unit counts will be added when the check is finished. 0gifted (net of own trusts)

Holdings and share of stake for Marriott Vacations Worldwide Corp are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$83.9M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $83.9M across 752,500 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $83.9M

Sales with no 10b5-1 plan and no tax reference in the filing. $83.6M of it is Christian Asmar. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Christian Asmar, Aug 19, 2026

Taxes

19,856 shares ($1.3M) were withheld by the company for taxes, which isn't a market sale.

Purchases · 11 buyers (15 trades)

11 officers and directors bought shares in this period, in 15 trades(Form 4 code P, leaving out rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust). Across all their filings on record there are 22 purchase trades.

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
Christian Asmar Director	750K	$83.6M	0%	99.6%	Aug 19, 2026 to Aug 19, 2026
Kathleen Pighini Senior Vice President, Corporate Controller and Chief Accounting Officer	2.5K	$300K	0%	0.4%	Aug 17, 2026 to Aug 17, 2026

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Oct 2025	$0	$0	$0	$0
Nov 2025	$0	$0	$0	$0
Dec 2025	$0	$0	$0	$0
Jan 2026	$0	$0	$0	$0
Feb 2026	$0	$0	$0	$0
Mar 2026	$0	$0	$0	$0
Apr 2026	$0	$0	$0	$0
May 2026	$0	$0	$0	$0
Jun 2026	$0	$0	$0	$0
Jul 2026	$0	$0	$0	$0
Aug 2026	$83.9M	$0	$0	$83.9M
Sep 2026	$0	$0	$0	$0
Oct 2026	$0	$0	$0	$0

Is this normal? Selling year by year5 earlier years to compare with

More than usual: about 24x the 5-year average. 2 insiders sold; the average is 3 a year.

12 months ending	Shares sold	Insiders who sold	Proceeds
Oct 13, 2026 Latest 12 months	753K	2	$83.9M
Oct 13, 2025 1 year earlier	1.6K	1	$146K
Oct 13, 2024 2 years earlier	0	0	$0
Oct 14, 2023 3 years earlier	5.3K	1	$846K
Oct 14, 2022 4 years earlier	17K	4	$2.7M
Oct 14, 2021 5 years earlier	135K	10	$21.4M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty25 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Marriott Vacations Worldwide Corp are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology1,268 filings on record, 102 filed in the 12-month period, and how we read them

All 1,268 Forms 3, 4 and 5 on record for Marriott Vacations Worldwide Corp (SEC CIK 1524358), filed from Oct 27, 2011 to Oct 1, 2026; 102 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 13, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (26)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
Raymond Gellein Jr.	Mar 20, 2025	50,053 shares, last reported balance as of Mar 19, 2025
John Geller Jr.	Mar 6, 2025	166,856 shares, last reported balance as of Mar 6, 2025
Melquiades Martinez	May 14, 2024	33,868 shares, last reported balance as of May 13, 2024
Jeanette Marbert	Mar 4, 2024	108,998 shares, last reported balance as of Feb 29, 2024
Anthony Terry	Aug 8, 2023	13,087 shares, last reported balance as of Aug 7, 2023
Dwight Smith	Mar 1, 2023	12,217 shares, last reported balance as of Feb 27, 2023
Lizabeth Kane-Hanan	Feb 17, 2023	51,691 shares, last reported balance as of Feb 15, 2023
Stephen Weisz	Mar 2, 2022	382,573 shares, last reported balance as of Mar 1, 2022
Lee Cunningham	Mar 2, 2022	29,578 shares, last reported balance as of Mar 1, 2022
Laurie Sullivan	Mar 2, 2022	9,796 shares, last reported balance as of Mar 1, 2022
Thomas Hutchison III	May 19, 2021	41,550 shares, last reported balance as of May 17, 2021
Ovidio Vitas	Jun 10, 2020	2,673 shares, last reported balance as of Jun 8, 2020
Clifford Delorey	Mar 4, 2020	14,523 shares, last reported balance as of Mar 2, 2020
Robert Miller	Feb 20, 2018	13,340 shares, last reported balance as of Feb 15, 2018
MARRIOTT J W JR	Nov 13, 2017	4,662,728 shares, last reported balance as of Nov 8, 2017
David Marriott	Feb 20, 2014	4,211,210 shares, last reported balance as of Feb 18, 2014
Juliana Marriott	Jan 14, 2014	4,081,193 shares, last reported balance as of Dec 20, 2013
John Marriott III	Dec 19, 2013	4,245,921 shares, last reported balance as of Nov 25, 2013
Deborah Harrison	Nov 21, 2013	4,228,607 shares, last reported balance as of Nov 8, 2013
Stephen Marriott	Sep 24, 2013	2,254,896 shares, last reported balance as of Feb 15, 2013
Richard Marriott	Feb 20, 2013	3,043,553 shares, last reported balance as of Jan 28, 2013
Theodorus Schavemaker	Feb 17, 2012	1,050 shares, last reported balance as of Feb 15, 2012
MARRIOTT INTERNATIONAL INC /MD/	Nov 22, 2011	No balance on record
David Mann		No balance on record
Robert McCarthy		No balance on record
Kevin Kimball		No balance on record

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.