Short answer
MARRIOTT VACATIONS WORLDWIDE Corp (VAC) filed an 8-K current report with the SEC on March 6, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 7.01 (Regulation FD Disclosure). EVP, General Counsel & Secretary James Hunter IV forced out, effective March 9; employment ends April 1, 2026.
MARRIOTT VACATIONS WORLDWIDE Corp 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- EVP, General Counsel & Secretary James Hunter IV forced out, effective March 9; employment ends April 1, 2026
- Severance package: $1,500,504 = 1.5× sum of 2026 base salary + 2026 target bonus
- Existing equity awards (RSUs, performance shares, SARs) treated per original grant terms: no accelerated vesting noted
- Involuntary departure of top legal officer signals potential leadership restructuring or undisclosed internal issues
Item 7.01 · Regulation FD Disclosure
- Executive retirement announced via press release dated March 6, 2026: full details in Exhibit 99.1
- Leadership transition events are material; investors should monitor succession clarity and any strategic continuity risk at VAC
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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