secwatch.observer — SEC 8-K summary
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Issuer:     MARRIOTT VACATIONS WORLDWIDE Corp (VAC)
CIK:        0001524358
Form:       8-K
Filed at:   2023-05-15T23:59:59+00:00
Accession:  0001524358-23-000022
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shareholders approve phased-in board declassification; bylaws updated for universal proxy
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1524358/000152435823000022/0001524358-23-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1524358/000152435823000022/vac-20230515.htm
  HTML page:      https://secwatch.observer/filing/0001524358-23-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer