{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-297997","form_type":"8-K","ticker":"VAC","cik":"0001524358","company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","filed_at":"2022-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.973354+00:00","generated_at":"2026-06-21T09:32:34.286912+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Marriott Vacations announces $500M convertible note offering to refinance debt and buy back stock","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-297997","json":"https://secwatch.observer/filing/0001193125-22-297997.json","markdown":"https://secwatch.observer/filing/0001193125-22-297997.md","text":"https://secwatch.observer/filing/0001193125-22-297997.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1524358/000119312522297997/0001193125-22-297997-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1524358/000119312522297997/d403343d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T09:32:34.286912+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}