VAC at a glance
MARRIOTT VACATIONS WORLDWIDE Corp (VAC, SEC CIK 1524358) filed its latest 10-K annual report on March 2, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on August 6, 2026 and Form 4 insider filings as recently as October 1, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), MARRIOTT VACATIONS WORLDWIDE Corp (VAC) reported revenue of $4.7 billion (up 1.0% from FY2024) and a net loss of $308.0 million. Diluted EPS was -$8.84.
- As of June 30, 2026, 11 institutional investment managers tracked by SignalX reported holding MARRIOTT VACATIONS WORLDWIDE Corp (VAC) shares worth $92.3 million in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Asmar Christian on August 19, 2026 of 750,000 shares at $111.49 per share.
- In the last 90 days, VAC insiders reported 0 open-market purchases ($0) and 2 open-market sales ($83.9M) on Form 4, a net sale of $83.9M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $4.7B
- +1.0% vs prior year
- Insiders · 90 days
- 0 buys · 2 sells
- Net −$83.9M
- 13F holders
- 11 funds
- $92.3M · +0 vs prior quarter
- Latest 8-K
- Aug 6, 2026
- Item 2.02 · Item 7.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: Global vacation ownership and exchange services under multiple licensed hospitality brands
- No new brands introduced, but enhanced digital platforms and data analytics to boost marketing efficiency and owner experience
- Strategic shift toward expanding points-based ownership and leveraging loyalty programs Marriott Bonvoy (271M members) and World of Hyatt (63M members)
- Owner base grew from 420,000 to 700,000 families and resorts increased from 64 to 120 as of December 31, 2025
- Leadership update with Matthew E. Avril named CEO and Michael A. Flaskey appointed President and COO in February 2026
Risk Factors
- Regulatory risk from California Consumer Privacy Act (CCPA) and EU GDPR causing increased compliance costs and risk of fines or lawsuits
- Geopolitical exposure to 2023 Maui wildfires causing temporary closure of resorts and sales centers, impacting 2023-2024 financials
- Operational vulnerability from labor shortages and increased labor costs leading to temporary service reductions and higher wages
- Competitive pressure from RCI and Travel + Leisure Co. due to greater resort affiliation and access to new vacation ownership purchasers
- Financial risk from vacation ownership notes receivable defaults increased by COVID-19 pandemic impacting securitization and cash flow
Management Discussion & Analysis
- Revenue $5,032M, up 1% YoY from $4,967M in 2024, driven by Vacation Ownership segment growth of $75M (2%)
- Operating margin pressure with net loss $(308)M vs net income $218M prior year; adjusted EBITDA flat at $751M (22.5% margin) vs $736M (22.5%)
- Best segment: Vacation Ownership revenue $4,805M (+2%); worst: Exchange & Third-Party Management $213M (-8%)
- Capex and disposals: Expect $250-$300M net cash proceeds from asset dispositions including $50M Cancun hotel sale in Jan 2026; no detailed buybacks/dividends disclosed
- Outlook risks: Scaling back Asia Pacific growth due to higher defaults, restructuring expense recorded; focusing on improving tour quality, VPG, reducing defaults, cost control, and monetizing non-core assets
AI summary of the VAC 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Revenue $1.320B, up 6% from $1.246B YoY
- Adjusted EBITDA $215M vs $203M; margin 23.4% vs 24.3%
- Best segment Vacation Ownership revenue $1.260B, up 6%; Adjusted EBITDA $246M, up 7%
- Vacation Ownership margin 28.9% vs 29.8%; Exchange EBITDA $22M vs $23M
- Contract sales up 22% and VPG up 23%; management expects second-half marketing and sales expense reduction
Risk Factors
- No Risk Factors section provided, preventing assessment of changes since the 2025 10-K
- Share-repurchase authorization extended through December 31, 2026
- No shares repurchased during April–June 2026
- Remaining repurchase authorization $322,120,557
- 1% nondeductible excise tax applies to certain stock repurchases
AI summary of the VAC 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 results for quarter ended June 30, 2026
- Press release issued August 6, 2026
Item 7.01: Regulation FD Disclosure
- New investor presentation expected August 6, 2026, potentially containing material information
- Website updates may serve as Regulation FD disclosures without separate Form 8-K filings
Item 5.02: Departure/Appointment of Directors or Principal Officers
- CFO Marino continues under a new employment agreement, with minimum annual salary of $650,000
- 2026 target bonus equals 110% of salary, with maximum payout of 220%
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Executive Vice President and Chief Brand and Digital Officer role eliminated effective July 31, 2026
- Lori Gustafson separating through internal reorganization, not reported as performance-related
AI summaries of VAC 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for VAC
Don't miss the next VAC filing
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- Fund moves. Which tracked funds opened, added or cut VAC, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Gray Jonice M | A | Sep 30, 2026 | 105 | - |
| QUAZZO STEPHEN R | A | Sep 30, 2026 | 21 | - |
| Morgan Dianna | A | Sep 30, 2026 | 21 | - |
| GALBREATH LIZANNE | A | Sep 30, 2026 | 78 | - |
| SHAW WILLIAM JOSEPH | A | Sep 30, 2026 | 21 | - |
| ANDREWS CHARLES ELLIOTT | A | Sep 30, 2026 | 85 | - |
| Avril Matthew E | A | Sep 30, 2026 | 23 | - |
| Gray Jonice M | A | Sep 15, 2026 | 298 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $4.4B | $4.6B | $4.7B |
| Net Income | $254.0M | $218.0M | -$308.0M |
| Net Margin | 5.8% | 4.7% | -6.6% |
| Balance Sheet | |||
| Total Assets | $9.7B | $9.8B | $9.8B |
| Equity | $2.4B | $2.4B | $2.0B |
| ROE | 10.7% | 8.9% | -15.5% |
| Per Share | |||
| EPS | - | $5.61 | $-8.84 |
| Cash Flow | |||
| Operating CF | $232.0M | $205.0M | $28.0M |
| CapEx | $118.0M | $57.0M | $57.0M |
Source: XBRL data in MARRIOTT VACATIONS WORLDWIDE Corp (VAC)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate VAC share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 11 | $92.3M |
| Q1 2026 | 11 | $82.7M |
| Q4 2025 | 11 | $83.5M |
| Q3 2025 | 11 | $63.9M |
| Q2 2025 | 11 | $49.9M |
| Q1 2025 | 9 | $40.2M |
| Q4 2024 | 7 | $31.7M |
| Q3 2024 | 6 | $27.0M |
- Millennium Management+2.50M (+10%)
- BlackRock+2.13M (+23%)
- State Street Corp+1.90M (+16%)
- Wells Fargo & Co+1.69M (+12%)
- JPMorgan Chase & Co+1.41M (+54%)
- Truist Financial−1.30M (-34%)
- Citigroup−427.0K (-4%)
- Morgan Stanley−425.0K (-64%)
- Raymond James Financial−2.0K (-17%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 77 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
VAC filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 1, 2026 | - | - | - |
| 4 | Oct 1, 2026 | - | - | - |
| 4 | Oct 1, 2026 | - | - | - |
| 4 | Oct 1, 2026 | - | - | - |
| 4 | Oct 1, 2026 | - | - | - |
| 4 | Oct 1, 2026 | - | - | - |
| 4 | Oct 1, 2026 | - | - | - |
| 4 | Sep 16, 2026 | - | - | - |
| 4 | Aug 20, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 10-Q | Aug 6, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 6, 2026 | - | Analysis | - |
| 8-K | Aug 3, 2026 | - | Analysis | - |
| 8-K | Jul 21, 2026 | - | Analysis | - |
| 4 | Jun 17, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
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VAC SEC filings: frequently asked questions
Are VAC insiders buying or selling?
In the last 90 days, MARRIOTT VACATIONS WORLDWIDE Corp (VAC) officers, directors and 10% owners reported no open-market purchases and 2 open-market sales worth $83.9 million by 2 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold VAC stock?
As of June 30, 2026, the largest MARRIOTT VACATIONS WORLDWIDE Corp (VAC) holders among the 13F filers tracked by SignalX were Millennium Management ($27.1 million), Wells Fargo & Co ($15.6 million), State Street Corp ($13.9 million), BlackRock ($11.0 million), Citigroup ($9.0 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was VAC's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), MARRIOTT VACATIONS WORLDWIDE Corp (VAC) reported revenue of $4.7 billion (up 1.0% from FY2024) and a net loss of $308.0 million. Diluted EPS was -$8.84. The figures come from the XBRL data in the 10-K.
What are the main risks in VAC's latest 10-K?
In the 10-K filed March 2, 2026, MARRIOTT VACATIONS WORLDWIDE Corp (VAC) flagged: Regulatory risk from California Consumer Privacy Act (CCPA) and EU GDPR causing increased compliance costs and risk of fines or lawsuits. Geopolitical exposure to 2023 Maui wildfires causing temporary closure of resorts and sales centers, impacting 2023-2024 financials. (AI summary of the Risk Factors section.)
What did VAC report in its latest 8-K?
MARRIOTT VACATIONS WORLDWIDE Corp (VAC) filed an 8-K on August 6, 2026 reporting Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure). Q2 2026 results for quarter ended June 30, 2026.
What are the latest VAC SEC filings?
MARRIOTT VACATIONS WORLDWIDE Corp (VAC) filed its latest 10-K annual report on March 2, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on August 6, 2026 and a Form 4 insider filing on October 1, 2026.
What is VAC's SEC CIK number?
MARRIOTT VACATIONS WORLDWIDE Corp (VAC)'s SEC Central Index Key (CIK) is 1524358. EDGAR lists every VAC filing under that number.
Ask anything about VAC
The research agent reads VAC's filings, financials, insider trades and 13F holders, then answers with sources.