MARRIOTT VACATIONS WORLDWIDE Corp — Form 8-K
Filed July 21, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 24/100
What the filing says
Lori Gustafson's employment terminates July 31, 2026. She receives $1,425,000 (1.5× base salary plus target bonus), 18 months COBRA, 9,590 vested SARs extended to 5 years, potential bonus true-up at 1.5×, outplacement services, and annual resort stays. In exchange, she agrees to 12-month non-compete, non-solicitation, confidentiality, and general release of all claims.
Why this rating
Routine executive departure. ~$1.425M severance represents ~0.065% of $2.2B market cap. Standard separation terms, no unusual costs or disputes disclosed.
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