vac-202603060001524358falseMarch 6, 202600015243582026-03-062026-03-06
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________
FORM 8-K
_________________________
Current Report
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) March 6, 2026
_________________________
Marriott Vacations Worldwide Corporation
(Exact name of registrant as specified in its charter)
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| | | | | | | | | | | | | | |
| Delaware | | 001-35219 | | 45-2598330 |
| (State or other jurisdiction | | (Commission | | (IRS Employer |
| of incorporation) | | File Number) | | Identification No.) |
| | | | | | | | | | | | | | | | | |
| 7812 Palm Parkway | Orlando, | FL | | 32836 |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code (407) 206-6000
N/A
(Former name or former address, if changed since last report)
_________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| | | | | | | | |
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, $0.01 Par Value | VAC | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
James H Hunter, IV, the Executive Vice President, General Counsel and Secretary of the Company, resigned at the Company’s request from these positions effective March 9, 2026. Mr. Hunter’s employment with the Company will end on April 1, 2026.
Mr. Hunter entered into a separation agreement with the Company in connection with his separation from service with the Company (the “Separation Agreement”). The Separation Agreement provides for, among other things: a severance payment of $1,500,504, representing one and one-half times Mr. Hunter’s 2026 base salary plus 2026 target bonus; the treatment of the outstanding restricted stock units, performance shares and stock appreciation rights previously issued to Mr. Hunter in a manner consistent with their existing terms; a general release of claims by Mr. Hunter in favor of the Company; and Mr. Hunter’s agreement to comply with certain restrictive covenants. The foregoing description of the Separation Agreement is qualified in its entirety by reference to the full text of the form of Separation Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K (this “Current Report”) and incorporated herein by reference.
Item 7.01 Regulation FD Disclosure
On March 6, 2026, the Company issued a press release regarding Mr. Hunter’s retirement, a copy of which is filed as Exhibit 99.1 to this Current Report and incorporated herein by reference.
The information under this Item 7.01, including Exhibit 99.1, to this Current Report is being furnished and shall not be deemed “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. The information under this Item 7.01, including Exhibit 99.1, to this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1934, as amended.
Item 9.01 Financial Statements and Exhibits
(d) The following exhibits are being furnished herewith:
| | | | | | | | |
| Exhibit Number | | Description |
| | Separation Agreement and General Release of Claims |
| | Press release, dated March 6, 2026 |
| 104 | | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | | | | | | | | | | |
| | MARRIOTT VACATIONS WORLDWIDE CORPORATION |
| | (Registrant) |
| | | |
| Dated: | March 6, 2026 | By: | /s/ Jason P. Marino |
| | Name: | Jason P. Marino |
| | Title: | Executive Vice President and Chief Financial Officer |