{"schema_version":"secwatch.filing_event.v1","accession":"0001524358-26-000006","form_type":"8-K","ticker":"VAC","cik":"0001524358","company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","filed_at":"2026-02-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.317648+00:00","generated_at":"2026-05-16T00:16:03.361422+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Marriott Vacations Q4 net loss $431M on $546M impairment; adj EBITDA $186M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001524358-26-000006","json":"https://secwatch.observer/filing/0001524358-26-000006.json","markdown":"https://secwatch.observer/filing/0001524358-26-000006.md","text":"https://secwatch.observer/filing/0001524358-26-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1524358/000152435826000006/0001524358-26-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1524358/000152435826000006/vac-20260225.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T00:16:03.361422+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"}