Marriott Vacations Worldwide Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
$VAC
Real Estate
Finance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________
FORM 8-K
_________________________
Current Report
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) May 14, 2025 (May 13, 2025)
_________________________
(Exact name of registrant as specified in its charter)
_________________________
| (State or other jurisdiction | (Commission | (IRS Employer | ||||||||||||
| of incorporation) | File Number) | Identification No.) | ||||||||||||
| (Address of principal executive offices) | (Zip Code) | ||||||||||||||||
Registrant’s telephone number, including area code (407 ) 206-6000
N/A
(Former name or former address, if changed since last report)
_________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07. Submission of Matters to a Vote of Security Holders.
At the Annual Meeting held on May 13, 2025, a total of 32,062,036 shares of the Company’s common stock (approximately 92.76% of all shares entitled to vote at the Annual Meeting) were represented, in person or by proxy. The following proposals were voted on and approved by the Company's stockholders at the Annual Meeting:
(1)The Company’s stockholders elected the eight director nominees named in the Proxy Statement as directors with the following votes:
| Nominee | For | Withheld | Broker Non-Vote | |||||||||||||||||
Matthew E. Avril | 27,419,422 | 108,418 | 4,534,196 | |||||||||||||||||
James A. Dausch | 27,417,049 | 110,791 | 4,534,196 | |||||||||||||||||
Lizanne Galbreath | 27,338,259 | 189,581 | 4,534,196 | |||||||||||||||||
Mary E. Galligan | 27,401,137 | 126,703 | 4,534,196 | |||||||||||||||||
John E. Geller, Jr. | 25,613,397 | 1,914,443 | 4,534,196 | |||||||||||||||||
Jonice M. Gray | 27,228,702 | 299,138 | 4,534,196 | |||||||||||||||||
Dianna F. Morgan | 25,890,905 | 1,636,935 | 4,534,196 | |||||||||||||||||
Stephen R. Quazzo | 27,294,768 | 233,072 | 4,534,196 | |||||||||||||||||
(2)The Company’s stockholders ratified the selection by the Company’s Audit Committee of Ernst & Young LLP as the Company’s independent auditors for the current fiscal year with the following votes:
| For | Against | Abstain | ||||||||||||
| 31,861,272 | 135,164 | 65,600 | ||||||||||||
(3)The Company’s stockholders approved, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers with the following votes:
| For | Against | Abstain | Broker Non-Vote | |||||||||||||||||
| 26,628,510 | 783,849 | 115,481 | 4,534,196 | |||||||||||||||||
(4)The Company’s stockholders recommended, on an advisory (non-binding) basis, that the frequency of future stockholder votes on the compensation of the Company’s named executive officers, as required by Section 14(a)(2) of the Securities Exchange Act of 1934, occur annually, with the following votes:
Every Year | Every Two Years | Every Three Years | Abstain | Broker Non-Vote | ||||||||||||||||||||||
| 25,520,125 | 18,005 | 1,954,540 | 35,170 | 4,534,196 | ||||||||||||||||||||||
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit Number | Description | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| MARRIOTT VACATIONS WORLDWIDE CORPORATION | |||||||||||
| (Registrant) | |||||||||||
| Dated: | May 14, 2025 | By: | /s/ Jason P. Marino | ||||||||
| Name: | Jason P. Marino | ||||||||||
| Title: | Executive Vice President and Chief Financial Officer | ||||||||||
2