{"filings":[{"id":501596,"accession_number":"0001524358-26-000024","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2026-05-18T21:19:25+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Marriott Vacations stockholders approve 2.5M share increase to equity plan through 2036","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Plan approved with 17.4M for, 7.8M against; extends term to May 15, 2036.","Share reserve increased by 2.5M shares; total available now ~5.015M shares.","Nine directors elected; all received >95% of votes cast (excluding broker non-votes).","Say-on-pay advisory vote passed with 24.7M for, 0.55M against.","Ratification of Ernst & Young as auditor approved with 29.8M for, 0.12M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":93406,"accession_number":"0001524358-26-000020","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marriott Vacations Q1 contract sales $411M (-2% YoY); adj. EBITDA $161M, reiterates FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $22M ($0.64 diluted EPS) vs $56M ($1.46) a year ago; adjusted EPS $1.24 (-25%).","Adjusted EBITDA $161M, down from $192M in Q1 2025.","Reaffirms full-year Adjusted EBITDA guidance; Q2 contract sales expected +4-8% and adj. EBITDA $187-202M.","Targets $125M+ in asset sale proceeds in 2026 and $200-250M by end of 2027."],"consensus_eps_estimate":null,"consensus_eps_actual":0.64,"consensus_revenue_estimate":null,"consensus_revenue_actual":1257000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104995,"accession_number":"0001524358-26-000012","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2026-03-06T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Marriott Vacations Worldwide EVP, General Counsel James Hunter to retire after nearly 20 years","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["James H. Hunter IV's resignation as EVP, General Counsel and Secretary effective March 9, 2026; employment ends April 1, 2026.","Separation agreement provides severance of $1,500,504 (1.5x base salary plus target bonus) and standard restrictive covenants.","No successor named; Hunter will remain in an advisory role through April 1, 2026 to assist transition.","Hunter played key roles in 2011 spin-off and 2018 ILG merger; will become president of Florida Citrus Sports in April 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104994,"accession_number":"0001524358-26-000006","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2026-02-25T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marriott Vacations Q4 net loss $431M on $546M impairment; adj EBITDA $186M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 contract sales $458M; net loss $431M ($12.43 loss per share) includes $546M non-cash impairment charges.","Q4 adjusted net income $68M; adjusted diluted EPS $1.86; adjusted EBITDA $186M, at high end of guidance.","Full year 2025: contract sales $1.8B; net loss $308M ($8.84 loss per share); adjusted EBITDA $751M; returned $171M to shareholders.","Full year 2026 guidance provided; new President/COO Mike Flaskey appointed to drive operational focus.","Full-year adjusted net income $276M; adjusted diluted EPS $7.16; restructuring and modernization expenses recognized."],"consensus_eps_estimate":null,"consensus_eps_actual":-8.84,"consensus_revenue_estimate":null,"consensus_revenue_actual":5032000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104993,"accession_number":"0001524358-26-000004","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2026-02-17T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Marriott Vacations appoints Matthew Avril as CEO, Michael Flaskey as President and COO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Matthew Avril, interim CEO since Nov 2025, appointed CEO effective immediately; he joined the board in March 2025.","Michael Flaskey named President and COO; he has 25+ years in vacation ownership, previously CEO of Diamond Resorts.","New compensation plan ties 50% of transformation awards to achieving $950M Adjusted EBITDA and $145 stock price by 2028.","Company to report Q4 2025 earnings on Feb 25, 2026, with a conference call on Feb 26, 2026 at 8:00 a.m. ET.","Avril's base salary set at $1.1M with target bonus 150%; Flaskey's base $1.0M with target bonus 125-150%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121237,"accession_number":"0001524358-25-000171","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2025-11-12T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Marriott Vacations President Brian Miller to retire Dec 31, 2025; will advise through March 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Brian E. Miller, President, Vacation Ownership, retiring effective Dec 31, 2025 after 30+ years.","Miller will serve as advisor to the CEO through March 27, 2026; no severance benefits.","Post-retirement, EVP Stephanie Sobeck Butera and EVP John Fitzgerald will report directly to the CEO.","Miller is eligible for retiree benefits under the amended 2020 Equity Incentive Plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121236,"accession_number":"0001524358-25-000168","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2025-11-10T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Marriott Vacations CEO Geller resigns at board request; Avril named interim CEO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["John Geller resigned as President/CEO and director at board's request effective Nov 10; not due to disagreement.","Separation includes $5M severance (2x salary+bonus) plus $1.29M prorated bonus, restrictive covenants.","Board appointed Matthew Avril as Interim President/CEO; base salary $1M/yr plus equity (SARs 100k shares, RSUs 50k shares).","Company reaffirms 2025 guidance issued Nov 5; postpones Dec 17 Investor Day indefinitely.","Company intends to repurchase shares opportunistically under remaining $347M buyback authorization."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121235,"accession_number":"0001524358-25-000163","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marriott Vacations reports Q3 net loss $2M; contract sales down 4% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss attributable to common stockholders of $2M ($0.07 diluted loss per share); adjusted net income $66M ($1.69 adjusted diluted EPS).","Consolidated contract sales $439M, down 4% YoY due to 1% fewer tours and 5% lower VPG.","Adjusted EBITDA $170M; company updates full-year outlook but provides no specifics.","CEO cites actions to return to growth: realigned field incentives, curbed third-party rentals, FICO-based lead screening.","Expects $150M-$200M Adjusted EBITDA benefit from modernization program by end of 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":3.27,"consensus_revenue_estimate":null,"consensus_revenue_actual":3709000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137887,"accession_number":"0001524358-25-000160","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2025-09-19T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Marriott Vacations Worldwide subsidiary issues $575M 6.500% Senior Notes due 2033","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issuer Marriott Ownership Resorts, Inc. issued $575M aggregate principal of 6.500% Senior Notes due 2033.","Net proceeds will be used to repay $575M of 0.00% Convertible Senior Notes due January 15, 2026.","Notes are guaranteed by Marriott Vacations Worldwide and certain subsidiaries; Delayed Draw Term Loan terminated.","Interest payable semi-annually at 6.500% with first payment April 1, 2026; maturity October 1, 2033.","Indenture includes covenants limiting additional debt, dividends, liens, mergers; customary events of default."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137886,"accession_number":"0001524358-25-000158","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2025-09-04T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Marriott Vacations prices $575M of 6.500% senior notes due 2033 to refinance 2026 converts","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Priced $575M of 6.500% senior notes due 2033; closing expected Sept 18, 2025.","Proceeds to repay $575M of 2026 Convertible Notes (due Jan 15, 2026); interim use on revolver or cash equivalents.","Offered via private placement to QIBs and non-U.S. persons; not registered under Securities Act."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137885,"accession_number":"0001524358-25-000156","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2025-09-04T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Marriott Vacations subsidiary to offer $575M senior notes due 2033, refinancing 2026 converts","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Marriott Ownership Resorts intends to offer $575M senior notes due 2033.","Net proceeds plus cash will fund redemption of $575M 2026 Convertible Notes maturing Jan 15, 2026.","Prior to maturity, proceeds may temporarily repay revolver borrowings or be invested in cash equivalents.","Notes offered only to qualified institutional buyers and non-U.S. persons under Rule 144A/Regulation S."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137884,"accession_number":"0001524358-25-000150","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2025-08-04T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marriott Vacations Q2 2025 net income $69M, adj. EPS $1.96; reiterates outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated contract sales of $445M in Q2 2025.","Net income $69M ($1.77 diluted EPS); adjusted net income $77M ($1.96 adj. diluted EPS).","Adjusted EBITDA of $203M; management reiterates full-year 2025 guidance.","Year-over-year first-time buyer sales increased; leisure travel demand cited as resilient.","Expects $150M-$200M annualized Adj. EBITDA benefits from modernization program by end of 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":3.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":2446000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155270,"accession_number":"0001524358-25-000126","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2025-05-27T23:59:59+00:00","items":["1.01","5.02","7.01","9.01"],"status":"ready","headline":"Marriott Vacations appoints Impactive Capital co-founder Asmar to board; standstill agreed","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Christian Asmar, Impactive Capital co-founder, appointed to board immediately; Impactive owns ~9.5% of VAC.","Standstill runs until 30 days before 2026 annual meeting advance notice deadline; extends if Asmar renominated.","Board expands to 12 directors (11 independent); Asmar joins Compensation Policy Committee.","Company to form two new ad hoc committees: one for modernization (revenue growth/cost efficiency) and one for tech innovation.","Impactive agrees to vote for Board nominees and caps ownership at 12%; mutual non-disparagement in place."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155269,"accession_number":"0001524358-25-000100","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2025-05-14T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Marriott Vacations shareholders elect all eight directors, approve say-on-pay, auditor ratification","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All eight director nominees elected; highest withheld votes 1.9M for John Geller Jr.","Say-on-pay advisory vote passed with 26.6M for, 0.8M against (excl. broker non-votes).","Frequency of future say-on-pay votes set at every year, with 25.5M votes for annual.","Ratification of Ernst & Young as auditor for FY 2025 approved with 31.9M votes for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155268,"accession_number":"0001524358-25-000096","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marriott Vacations Q1 adj EPS $1.66; revenue ex-cost reimbursements up 3%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $56M ($1.46 diluted EPS); adjusted net income $65M ($1.66 adj diluted EPS).","Adjusted EBITDA $192M; vacation ownership contract sales $420M in Q1.","Returned $91M to stockholders: $36M share repurchases, $55M dividends.","Reiterates full-year Adjusted EBITDA guidance; CEO cites strong profitability.","First-time buyer sales grew, underscoring leisure-focused business model."],"consensus_eps_estimate":null,"consensus_eps_actual":1.46,"consensus_revenue_estimate":null,"consensus_revenue_actual":1200000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173785,"accession_number":"0001524358-25-000093","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2025-03-27T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Marriott Vacations enters $800M new revolver and $450M term loan to refinance 2026 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $800M senior secured revolver matures March 2030, replacing $750M facility due 2027.","New $450M delayed-draw term loan A available to redeem/repurchase 0.00% Convertible Notes due Jan 2026; matures Dec 2027.","Max first lien leverage ratio covenant increased from 3.00x to 3.50x; minimum interest coverage ratio of 2.00x added.","Borrowings bear interest at SOFR plus 1.50%-2.00%; undrawn commitment fees 0.20%-0.25% per annum."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173784,"accession_number":"0001524358-25-000041","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2025-02-26T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marriott Vacations Q4 contract sales up 7% to $477M; adjusted EPS $1.86","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated vacation ownership contract sales $477M, up 7% YoY; first-time buyer contract sales grew 9%.","Net income $50M ($1.30 diluted EPS); adjusted net income $73M ($1.86 adjusted diluted EPS).","Adjusted EBITDA $185M; full year cash from operations $205M; adjusted free cash flow $278M.","Full year 2025 guidance provided; expects $150M-$200M run-rate benefits from initiatives by end of 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":5.61,"consensus_revenue_estimate":null,"consensus_revenue_actual":4967000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173783,"accession_number":"0001524358-25-000038","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2025-02-24T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Marriott Vacations appoints Avril and Dausch as independent directors; Martinez and Gellein retiring","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Matthew Avril (ex-CEO Diamond Resorts) and James Dausch (ex-Marriott Intl digital exec) appointed effective March 4, 2025.","Mel Martinez and Raymond Gellein will retire immediately before the 2025 annual meeting in May 2025.","Board temporarily increased to 13 members, will decrease to 11 after retirements.","Neither new director has been assigned to any Board committee yet."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190770,"accession_number":"0001524358-24-000138","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2024-12-19T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Marriott Vacations extends share repurchase program through Dec 31, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board authorized extension of existing share repurchase program to December 31, 2025.","Repurchases may be made via open market, private transactions, block trades, or tender offers.","Program may be suspended, terminated, increased, or decreased at any time without notice.","Company may adopt Rule 10b5-1 plans under the program."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190769,"accession_number":"0001524358-24-000106","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2024-11-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marriott Vacations Q3 net income $84M, adj. EPS $1.80, contract sales up 5%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated vacation ownership contract sales $459M, up 5% YoY.","Net income $84M, diluted EPS $2.12; adjusted net income $72M, adj. EPS $1.80.","Adjusted EBITDA $198M.","Company updates full-year outlook; targets $50-$100M annual cost efficiencies over two years."],"consensus_eps_estimate":null,"consensus_eps_actual":4.31,"consensus_revenue_estimate":null,"consensus_revenue_actual":3640000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":207241,"accession_number":"0001524358-24-000073","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2024-07-31T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marriott Vacations Q2 net income down 59% YoY; raises sales reserve by $70M; cuts outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Contract sales $449M, down 1% YoY; ex-Maui up 3%. Tours up 5% but VPGs declined, especially first-time buyer.","Increased sales reserve by $70M for higher expected defaults, reducing net income by $45M.","Net income $37M ($0.98 diluted EPS) vs $90M ($2.37) prior year; adjusted net income $42M ($1.10).","Adjusted EBITDA $157M, down 29% YoY; full-year contract sales guidance revised lower for H2.","Resort occupancy 90% in Q2; rentals exceeded expectations but loan delinquencies not improving."],"consensus_eps_estimate":null,"consensus_eps_actual":2.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":2335000000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":224620,"accession_number":"0001524358-24-000068","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2024-06-14T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Marriott Vacations President Jeanette Marbert retires effective August 31, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jeanette E. Marbert, President of Exchange and Third-Party Management, will retire on August 31, 2024.","Her retirement was previously disclosed in a December 2023 8-K; this filing confirms the effective date.","No replacement has been announced in this filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":224619,"accession_number":"0001524358-24-000051","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2024-05-14T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Marriott Vacations shareholders approve equity plan amendment adding 1.25M shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved Amended 2020 Equity Plan adding 1,250,000 shares and extending term to May 10, 2034.","Plan passed with 16,689,476 for vs. 10,721,575 against (60.9% of votes cast).","Four director nominees re-elected: Galbreath, Galligan, Martinez, Quazzo; each received >26.9M for votes.","Advisory say-on-pay approved with 26,768,223 for, 641,591 against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":224618,"accession_number":"0001524358-24-000037","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2024-05-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Marriott Vacations Q1 net income $47M, contract sales $428M (-1% YoY); reaffirms FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $47M ($1.22 diluted EPS) vs $87M prior year; adjusted net income $71M ($1.80 adj. diluted EPS).","Contract sales $428M (-1% YoY); excluding Maui +3%. Adjusted EBITDA $187M (-8% YoY).","Repurchased 280K shares for $24M, paid $54M in dividends during the quarter.","Reaffirmed full-year contract sales and Adjusted EBITDA guidance; CEO says summer reservations up YoY, Maui demand near pre-wildfire levels."],"consensus_eps_estimate":null,"consensus_eps_actual":1.22,"consensus_revenue_estimate":null,"consensus_revenue_actual":1195000000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":224617,"accession_number":"0001524358-24-000035","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2024-04-02T23:59:59+00:00","items":["1.01","2.03","1.02","9.01"],"status":"ready","headline":"Marriott Vacations refinances $800M term loan, extends maturity to 2031","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $800M term loan due April 1, 2031 refinances existing term loan due August 2025.","Interest rate set at SOFR plus 2.25%; details in Exhibit 10.1.","Amendment includes other modifications to the 2018 Credit Agreement.","Transaction reduces near-term refinancing risk and extends debt maturity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":243912,"accession_number":"0001524358-24-000003","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2024-02-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Marriott Vacations Q4 contract sales $447M; adj. EPS $1.88; dividend raised to $0.76","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated contract sales fell 2% YoY to $447M; ex-Maui fires would have grown 4% with tours +4%.","Net income $35M ($0.93 GAAP EPS); adjusted net income $75M ($1.88 adjusted EPS).","Q4 adjusted EBITDA $186M; Maui wildfires reduced net income by $17M and EBITDA by $24M.","Repurchased 431K shares for $38M in Q4; full-year repurchased 6% of shares for $286M and paid $106M dividends.","Provided 2024 guidance; CEO says Abound transition complete, focusing on tech-driven revenue growth and cost savings."],"consensus_eps_estimate":null,"consensus_eps_actual":6.28,"consensus_revenue_estimate":null,"consensus_revenue_actual":4727000000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":261320,"accession_number":"0001524358-23-000043","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2023-12-11T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Marriott Vacations appoints Mary E. Galligan to Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mary E. Galligan appointed as Class III director effective January 1, 2024.","Board size increased to 11 directors; no committee assignment yet.","Galligan spent 35 years in cybersecurity, risk management, and government relations.","Former FBI Special Agent in Charge of Cyber and Special Operations and Managing Director at Deloitte.","She will receive standard director cash retainer and annual equity grant."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":261319,"accession_number":"0001524358-23-000041","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2023-12-06T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Marriott Vacations Worldwide President Jeanette Marbert to retire in 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jeanette E. Marbert, President, Exchange and Third-Party Management, notified the company of her retirement in 2024.","Retirement is not due to any disagreement with the company; she will remain in her role for a smooth transition.","Ms. Marbert is not entitled to or seeking severance benefits; eligible for retiree treatment under the 2020 Equity Incentive Plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":261318,"accession_number":"0001524358-23-000037","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2023-11-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Marriott Vacations Q3 net income drops to $42M; loan loss provision, Maui fires weigh","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $42M ($1.09 diluted EPS) vs $109M prior year; adjusted EPS $1.20.","Contract sales $438M; VPG $4,055, up $87 sequentially but hit by Maui fires.","$59M loan loss provision cut net income by $36M, adj. EBITDA by $49M.","Maui wildfires estimated to reduce contract sales by $28M and adj. EBITDA by $24M.","Repurchased 793,300 shares for $86M; declared $0.72 quarterly dividend."],"consensus_eps_estimate":null,"consensus_eps_actual":5.33,"consensus_revenue_estimate":null,"consensus_revenue_actual":3533000000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":278558,"accession_number":"0001524358-23-000033","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2023-08-31T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Maui wildfires to cut Q3 contract sales by $25-30M, Adjusted EBITDA by $22-27M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Physical damage minimal; all Owner/exchange reservations cancelled through Sept 10; transient through Sept end.","Q3 contract sales expected loss of $25-30M, net income loss of $16-19M, Adj. EBITDA loss of $22-27M.","Nearly 1,700 Maui associates affected; Company providing disaster pay, housing, food, supplies, counseling.","Fourth-quarter impact depends on resort reopening timing and travel recovery to Maui."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":278557,"accession_number":"0001524358-23-000028","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2023-08-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Marriott Vacations reports Q2 net income $90M ($2.17 EPS), contract sales down 10% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Contract sales $453M (-10% YoY); VPG $3,968 (-14% YoY); tours +4%.","Net income $90M vs $136M prior; diluted EPS $2.17 (-27%).","Adjusted EBITDA $222M (-13% YoY); Segment Adjusted EBITDA $245M.","Repurchased 621k shares for $82M; Board increased buyback auth. to $600M.","Updated FY2023 outlook; expect full-year contract sales growth."],"consensus_eps_estimate":null,"consensus_eps_actual":4.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":2347000000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":278556,"accession_number":"0001524358-23-000026","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2023-07-25T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Marriott Vacations Worldwide Names Jason Marino as CFO Effective Sept 30","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jason Marino promoted to EVP and CFO, replacing retiring Tony Terry; effective Sept 30, 2023.","Marino currently SVP Strategy, FP&A and Operational Finance; nearly 10 years at company.","Compensation: $475K base salary, 100% bonus target, $250K RSU grant (3-yr vest), $1M equity grant in 2024.","Marino led $4B ILG acquisition (2018) and Welk Resorts acquisition (2021); responsible for capital strategy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":296766,"accession_number":"0001524358-23-000022","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2023-05-15T23:59:59+00:00","items":["5.03","5.07","9.01"],"status":"ready","headline":"Shareholders approve phased-in board declassification; bylaws updated for universal proxy","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board declassification approved with 28,865,482 votes for; phased in starting 2024, complete by 2026.","Bylaws amended to enhance stockholder nomination procedures, including universal proxy card requirements under Rule 14a-19.","Three Class II directors elected: C.E. Andrews, W.W. McCarten, W.J. Shaw; all received over 27.7M votes for.","Ernst & Young ratified as auditor with 33,240,864 votes for; say-on-pay approved with 28,252,786 votes for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":296765,"accession_number":"0001524358-23-000020","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2023-05-10T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Marriott Vacations Worldwide CFO Anthony Terry to retire later this year; search underway","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Anthony Terry, CFO of Marriott Vacations Worldwide, intends to retire later this year; will stay until successor hired.","Mr. Terry not entitled to severance; retirement not result of any disagreement with company.","Company has begun search for successor; Terry has been with company 27 years, CFO since October 2021.","He led spin-off from Marriott International (2011) and ILG acquisition ($4B, 2018)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":296764,"accession_number":"0001524358-23-000016","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2023-05-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"MVW Q1 net income $87M, EPS $2.06 (+67% YoY); contract sales +10% to $434M","summary_kind":"llm","event_type":"earnings","confidence":"medium","bullets":["Net income attributable to common shareholders $87M ($2.06 diluted EPS) vs $58M ($1.23) a year ago; adjusted EPS $2.54 vs $1.71.","Consolidated contract sales $434M (+10% YoY); VPG $4,358. Vacation Ownership segment revenue ex-reimbursement +16%.","Adjusted EBITDA $203M (+8%); Segment Adj EBITDA $229M with >31% margin.","Returned $134M to shareholders: $80M in share repurchases (522k shares) and $54M in dividends.","Liquidity $1.0B including $306M cash; April timeshare securitization of $380M notes at 5.52% weighted avg rate."],"consensus_eps_estimate":null,"consensus_eps_actual":2.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":1169000000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":317155,"accession_number":"0001524358-23-000006","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2023-02-22T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Marriott Vacations Q4 contract sales $454M (+12% YoY); FY22 record $1.84B; guides 2023 +5-9%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2022: net income $88M ($2.08 EPS); adjusted net income $115M ($2.74 EPS); Adjusted EBITDA $239M.","FY22 contract sales $1.84B (+34% YoY); net income $391M ($8.77 EPS); adjusted net income $458M ($10.26 EPS).","FY22 share repurchases: 5.1M shares for $701M; Q4 repurchased 1.2M shares for $173M at avg $139.90.","2023 guidance: contract sales +5-9% YoY; net income $405-440M ($9.51-10.30 EPS); adjusted FCF $600-670M.","Hurricanes negatively impacted Q4 contract sales by ~$13M and adjusted EBITDA by ~$7M."],"consensus_eps_estimate":null,"consensus_eps_actual":8.77,"consensus_revenue_estimate":null,"consensus_revenue_actual":4656000000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":335411,"accession_number":"0001193125-22-301061","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2022-12-08T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"VAC issues $575M 3.25% convertible notes due 2027, enters hedge and warrant transactions","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $575M aggregate principal amount of 3.25% Convertible Senior Notes due Dec 15, 2027; initial conversion price ~$189.65 per share.","Entered convertible note hedge transactions costing $107.1M to reduce potential dilution upon conversion.","Sold warrants with strike price $286.26 per share for $43.6M; combined with hedge, net cost ~$63.5M.","Notes are senior unsecured, guaranteed by certain subsidiaries; rank equally with existing senior debt.","Holders can convert upon certain stock price conditions or after Sep 15, 2027; company may settle in cash, stock, or combination."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":335410,"accession_number":"0001193125-22-298702","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2022-12-06T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Marriott Vacations prices $500M 3.25% convertible senior notes due 2027, redeems higher-cost debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Priced $500M of 3.25% convertible senior notes due December 2027; initial purchasers have option for additional $75M.","Initial conversion price ~$189.65 per share (32.5% premium over Dec 5 close of $143.13).","Net proceeds to redeem $6.125% secured notes due 2025 at 103.063% of principal, repay revolver, and repurchase ~0.384M shares at $143.13.","Concurrently entered convertible note hedge and warrant transactions; closing expected December 8, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":335409,"accession_number":"0001524358-22-000041","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2022-12-05T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Marriott Vacations CEO Stephen Weisz to retire Dec 31; John Geller to succeed as CEO and director Jan 1","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Stephen Weisz resigns as CEO and director, effective December 31, 2022; board accepted Dec 2.","John Geller appointed President, CEO, and Class I director effective January 1, 2023.","Geller's base salary set at $950,000; target bonus 150% (max 300%) of salary.","Equity awards with grant date fair value of $4,000,000 to be granted in February 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":335408,"accession_number":"0001193125-22-297997","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2022-12-05T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Marriott Vacations announces $500M convertible note offering to refinance debt and buy back stock","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Offering $500M in convertible senior notes due 2027, with initial purchasers' option for additional $75M.","Net proceeds to redeem $500M of 6.125% Senior Secured Notes due 2025 at 103.063% of principal, plus accrued interest.","Also to repay revolver borrowings and repurchase up to $55M of common stock under existing share repurchase program.","Company to enter convertible note hedge and warrant transactions to reduce potential dilution."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":335407,"accession_number":"0001524358-22-000037","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2022-11-03T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Marriott Vacations completes $280M vacation loan securitization; weighted avg rate 6.58%","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $280M notes backed by $286M vacation ownership loans across four classes.","Class A ($181M at 6.11%), B ($45M at 6.55%), C ($32M at 7.62%), D ($22M at 9.0%); MVW retained Class D.","Proceeds: $259M from first three classes; $129M repaid warehouse facility, $124M for general corporate.","Redeemed MVW 2016-1 securitization (approx $22M) with loans purchased by LLC.","Weighted avg cost of funds for third-party notes 6.37%, overall weighted avg rate 6.58%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":335406,"accession_number":"0001524358-22-000035","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2022-10-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Marriott Vacations Q3 contract sales up 27% to $483M; adj. EPS $3.02, repurchases $216M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated VO contract sales $483M (+27% YoY); VPG up 1% to $4,353.","Net income $109M ($2.53 EPS); adjusted net income $131M ($3.02 adj. EPS).","Adjusted EBITDA $284M; excluding Alignment impact, $240M (+17% YoY).","Repurchased ~1.7M shares for $216M at avg. $129/share; YTD returned >$600M.","Alignment accelerated revenue and lowered reserves, adding $33M net income and $44M adjusted EBITDA."],"consensus_eps_estimate":null,"consensus_eps_actual":6.68,"consensus_revenue_estimate":null,"consensus_revenue_actual":3468000000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":352838,"accession_number":"0001524358-22-000028","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2022-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Marriott Vacations Q2 contract sales $506M (+40% YoY); adj. EPS $2.87","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Contract sales of $506M, up 40% YoY; VPG increased 7% to $4,613.","Net income $136M ($2.97 diluted EPS); adjusted net income $131M ($2.87 adj. diluted EPS).","Adjusted EBITDA $255M, up 55% YoY; Segment adj. EBITDA margin 36%, up 500+ bps.","Returned $219M to shareholders in Q2 via buybacks ($193M, 1.4M shares at avg $136) and $26M dividend.","Closed on sale of VRI Americas and Puerto Vallarta hotel for >$100M total cash proceeds."],"consensus_eps_estimate":null,"consensus_eps_actual":4.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":2216000000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":370444,"accession_number":"0001524358-22-000026","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2022-06-16T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Marriott Vacations raises 2022 contract sales guidance by $100M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full year contract sales guidance increased by $100M on strong owner occupancies and tour growth.","Adjusted EBITDA and adjusted free cash flow expected above prior guidance for 2022.","Higher owner usage reduces rental and exchange revenue/profit; company sees normalization in 2023.","Adjusted development profit margin expected to remain strong for full year 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":370443,"accession_number":"0001524358-22-000024","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2022-06-09T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Marriott Vacations CEO Stephen Weisz to retire Dec 31, 2022; President John Geller named successor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Stephen P. Weisz to retire as CEO at fiscal year-end Dec 31, 2022, then advisor through Feb 17, 2023.","Current President John E. Geller, Jr. will become President and CEO effective Jan 1, 2023.","Geller previously served as CFO and President since Oct 2021; led COVID response and ILG integration.","Weisz served 26 years in senior roles, last 10 as CEO, including 2018 ILG acquisition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":370442,"accession_number":"0001524358-22-000022","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2022-05-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Marriott Vacations completes $375M securitization of vacation ownership loans","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$375M in notes issued backed by ~$383M pool of vacation ownership loans from all timeshare brands.","Overall weighted average interest rate of 4.59% with gross advance rate of 98%.","Notes issued in four classes: $220M (4.15%), $77M (4.40%), $48M (5.23%), $30M (7.35%).","Proceeds used to repay $98M in warehouse facility, fund reserves/expenses ($7M), and $176M for general corporate purposes.","Will redeem VSE 2016-A transaction for ~$38M; majority of acquired loans to be purchased by LLC."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":370441,"accession_number":"0001524358-22-000020","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2022-05-18T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Marriott Vacations stockholders elect three Class I directors, ratify EY, approve say-on-pay","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Elected Raymond L. Gellein Jr., Dianna F. Morgan, and Jonice Gray Tucker as Class I directors with overwhelming support.","Ratified Ernst & Young LLP as independent auditor for fiscal year with 37,940,250 for, 192,039 against.","Advisory vote on executive compensation approved with 27,811,509 for, 5,614,697 against, 89,229 abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":370440,"accession_number":"0001524358-22-000016","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2022-05-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Marriott Vacations Q1 adjusted EPS $1.70, contract sales $394M, beating pre-pandemic levels","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $58M ($1.23 diluted EPS); adjusted net income $81M ($1.70 adjusted EPS).","Vacation Ownership contract sales $394M, VPG $4,706 (slightly higher YoY, +9% sequential).","Adjusted EBITDA $188M, 13% above 2019 level; Segment adjusted EBITDA $199M.","Returned ~$168M to shareholders: ~765k shares repurchased for $119M, two dividends $49M.","Amended credit facility to $750M, maturity extended to Mar 2027; VRI Americas sale closed post-quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":1.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":1052000000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":370439,"accession_number":"0001193125-22-097501","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2022-04-06T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"MVW expands revolving credit facility to $750M and extends maturity to 2027","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolver increased from $600M to $750M; $630M US and $120M multicurrency commitments.","Maturity extended from August 2023 to March 2027; old $600M commitments terminated.","Interest rate switched from LIBOR to Adjusted Term SOFR plus 0.10% with 0.00% floor.","Applicable margins changed from credit-ratings-based to leverage-based.","No other material changes to existing credit agreement terms."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":389536,"accession_number":"0001524358-22-000009","cik":1524358,"company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","ticker":"VAC","form_type":"8-K","filed_at":"2022-02-23T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Marriott Vacations Q4 contract sales $406M, above 2019; Adj. EBITDA $219M; 2022 outlook strong","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 contract sales $406M, +7% sequentially, exceeding 2019 levels. Net income $61M ($1.39 EPS); adj. EPS $2.38.","Full year 2021: contract sales ~$1.4B; adj. EBITDA $657M; net income $49M ($1.13 EPS); adj. net income $190M.","2022 outlook: contract sales $1.675-1.775B, adj. EBITDA $860-920M (+35% at midpoint vs 2021).","Repurchased 463k shares for $74M in Q4; paid $0.55/share dividend (~$23M), first since pandemic.","Ended 2021 with ~$1.1B liquidity ($342M cash, $598M revolver capacity); completed $425M securitization at 1.64%."],"consensus_eps_estimate":null,"consensus_eps_actual":1.13,"consensus_revenue_estimate":null,"consensus_revenue_actual":3890000000.0,"consensus_period":"2021-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2412940000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-02-23T23:59:59+00:00|389536"}