{"schema_version":"secwatch.filing_event.v1","accession":"0001524358-26-000020","form_type":"8-K","ticker":"VAC","cik":"0001524358","company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","filed_at":"2026-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.416338+00:00","generated_at":"2026-05-14T23:21:03.942143+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 Q1 contract sales $411M (-2% YoY); adj. EBITDA $161M, reiterates FY guidance","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001524358-26-000020","json":"https://secwatch.observer/filing/0001524358-26-000020.json","markdown":"https://secwatch.observer/filing/0001524358-26-000020.md","text":"https://secwatch.observer/filing/0001524358-26-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1524358/000152435826000020/0001524358-26-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1524358/000152435826000020/vac-20260505.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T23:21:03.942143+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":[{"claim_id":"ec085ef25407a36d0229174760766c14a3fdff23","claim":"MARRIOTT VACATIONS WORLDWIDE Corp reported the first quarter of 2026 results: net income $22 million, EPS $0.64. Guidance reaffirmed.","evidence_excerpt":"First Quarter 2026 Highlights • Contract sales were $411 million in the quarter, a 2% decline compared to the prior year. • Net income attributable to common stockholders was $22 million compared to $56 million in the prior year and diluted earnings per share was $0.64 compared to $1.46 in the prior year. • Adjusted net income attributable to common stockholders","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1524358/000152435826000020/0001524358-26-000020-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2026"},{"label":"Net income","value":"$22 million"},{"label":"EPS","value":"$0.64"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}