<SEC-DOCUMENT>0000921895-25-003371.txt : 20251218
<SEC-HEADER>0000921895-25-003371.hdr.sgml : 20251218
<ACCEPTANCE-DATETIME>20251218160903
ACCESSION NUMBER:		0000921895-25-003371
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20251216
FILED AS OF DATE:		20251218
DATE AS OF CHANGE:		20251218

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Impactive Capital LLC
		CENTRAL INDEX KEY:			0001786731
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35219
		FILM NUMBER:		251583141

	BUSINESS ADDRESS:	
		STREET 1:		152 WEST 57TH, 17TH FLOOR
		CITY:			NEW YORK CITY
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		(212) 218-8812

	MAIL ADDRESS:	
		STREET 1:		152 WEST 57TH, 17TH FLOOR
		CITY:			NEW YORK CITY
		STATE:			NY
		ZIP:			10019

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Wolfe Lauren Taylor
		CENTRAL INDEX KEY:			0001699118
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35219
		FILM NUMBER:		251583140

	MAIL ADDRESS:	
		STREET 1:		3100 CUMBERLAND BOULEVARD
		STREET 2:		SUITE 1700
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30339

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Asmar Christian
		CENTRAL INDEX KEY:			0001787532
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35219
		FILM NUMBER:		251583143

	MAIL ADDRESS:	
		STREET 1:		152 WEST 57TH STREET, 17TH FLOOR
		CITY:			NEW YORK CITY
		STATE:			NY
		ZIP:			10019

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Impactive Capital LP
		CENTRAL INDEX KEY:			0001786767
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35219
		FILM NUMBER:		251583142

	BUSINESS ADDRESS:	
		STREET 1:		450 WEST 14 STREET
		STREET 2:		12TH FLOOR
		CITY:			NEW YORK CITY
		STATE:			NY
		ZIP:			10014
		BUSINESS PHONE:		(212) 218-8810

	MAIL ADDRESS:	
		STREET 1:		450 WEST 14 STREET
		STREET 2:		12TH FLOOR
		CITY:			NEW YORK CITY
		STATE:			NY
		ZIP:			10014

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MARRIOTT VACATIONS WORLDWIDE Corp
		CENTRAL INDEX KEY:			0001524358
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) [6531]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		EIN:				452598330
		STATE OF INCORPORATION:			X1
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		7812 PALM PARKWAY
		CITY:			ORLANDO
		STATE:			FL
		ZIP:			32836
		BUSINESS PHONE:		407-206-6000

	MAIL ADDRESS:	
		STREET 1:		7812 PALM PARKWAY
		CITY:			ORLANDO
		STATE:			FL
		ZIP:			32836

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Marriott Vacations Worldwide Corp
		DATE OF NAME CHANGE:	20110627
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form412236010_121820025.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
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<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2025-12-16</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001524358</issuerCik>
        <issuerName>MARRIOTT VACATIONS WORLDWIDE Corp</issuerName>
        <issuerTradingSymbol>VAC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001787532</rptOwnerCik>
            <rptOwnerName>Asmar Christian</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>450 WEST 14TH STREET, 12TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK CITY</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10014</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001786767</rptOwnerCik>
            <rptOwnerName>Impactive Capital LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>450 WEST 14TH STREET, 12TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK CITY</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10014</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001786731</rptOwnerCik>
            <rptOwnerName>Impactive Capital LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>450 WEST 14TH STREET, 12TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK CITY</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10014</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001699118</rptOwnerCik>
            <rptOwnerName>Wolfe Lauren Taylor</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>450 WEST 14TH STREET, 12TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK CITY</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10014</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common stock, par value $0.01 per share</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <transactionDate>
                <value>2025-12-16</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>478</value>
                    <footnoteId id="F3"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4130818</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F4"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">This Form 4 is filed jointly by Impactive Capital LP (&quot;Impactive Capital&quot;), Impactive Capital LLC (&quot;Impactive GP&quot;), Christian Asmar and Lauren Taylor Wolfe (collectively, the &quot;Reporting Persons&quot;). Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of her, his or its pecuniary interest therein.</footnote>
        <footnote id="F2">The securities of Marriott Vacations Worldwide Corporation (the &quot;Issuer&quot;) reported herein are held directly by certain funds and/or accounts (the &quot;Impactive Funds&quot;). Pursuant to an Investment Management Agreement, the Impactive Funds have delegated all voting and investment power over the securities directly held by the Impactive Funds and their general partners to Impactive Capital, which serves as the investment manager of the Impactive Funds. Impactive GP, as the general partner of Impactive Capital, and each of Mr. Asmar and Ms. Taylor Wolfe, as Managing Members of Impactive GP, may be deemed to exercise voting and investment power over such securities. The Impactive Funds specifically disclaim beneficial ownership of such securities by virtue of their inability to vote or dispose of such securities as a result of such delegation to Impactive Capital.</footnote>
        <footnote id="F3">Shares issued under the Marriott Vacations Worldwide Corporation 2020 Equity Incentive Plan pursuant to the deferral by Mr. Asmar of fees payable for service as a member of the Board of Directors of the Issuer (the &quot;Board&quot;). Fully vested at the date of grant and payable in common stock as specified by Mr. Asmar at the time of the deferral election.</footnote>
        <footnote id="F4">Because Mr. Asmar serves on the Board as a representative of Impactive Capital and its affiliates, Impactive Capital is entitled to receive the direct economic interest in securities granted to Mr. Asmar by the Issuer in respect of Mr. Asmar's Board position. Mr. Asmar disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Mr. Asmar had any economic interest in such securities except any indirect economic interest through Impactive Capital and its affiliates.</footnote>
    </footnotes>

    <remarks>Christian Asmar, Managing Member of Impactive Capital LLC, the general partner of Impactive Capital LP, is a director of the Issuer. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the Reporting Persons are deemed directors by deputization by virtue of their representation on the Board of Directors of the Issuer.</remarks>

    <ownerSignature>
        <signatureName>/s/ Christian Asmar</signatureName>
        <signatureDate>2025-12-18</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>IMPACTIVE CAPITAL LP, By: Impactive Capital LLC, its general partner, By: /s/ Lauren Taylor Wolfe, Managing Member</signatureName>
        <signatureDate>2025-12-18</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>IMPACTIVE CAPITAL LLC, By: /s/ Lauren Taylor Wolfe, Managing Member</signatureName>
        <signatureDate>2025-12-18</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Lauren Taylor Wolfe</signatureName>
        <signatureDate>2025-12-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
