Form 4: Marriott Director David Marriott Boosts Stake

Marriott International Director David S. Marriott acquired 395 shares of Class A Common Stock through gift transactions, increasing his beneficial ownership.

Summary

• David S. Marriott, a Director and member of a 13D Group owning over 10% of Marriott International, acquired a total of 395 shares of Class A Common Stock.
• These acquisitions occurred on November 14, 2025, through gift transactions (Transaction Code 'G') at a price of $0.0000 per share.
• Of the acquired shares, 263 were added to his direct beneficial ownership, bringing his total direct holdings to 596,904 shares.
• The remaining 132 shares were added to his indirect beneficial ownership through his spouse, totaling 9,035 shares for that entity.
• David S. Marriott also holds significant additional indirect beneficial ownership through various trusts and family entities, including 1,224 shares in a Dir. Def. Stock Comp Plan, 670,536 shares by 1974 Trust, 221,678 shares by Trust for Steven Garff Marriott's Descendants, 240,000 shares by Generations Trust, 401,928 shares by JBM Marital Trust, 22,027,118 shares by JWM Family Enterprises, 75,000 shares by JWM III Generations Trusts, 251,000 shares by JWM Insurance Trust, and various other trusts.
• The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein for indirect holdings.

Sentiment

Score: 6

Explanation: The acquisition of shares by a director, even if through gifts, generally indicates a positive sentiment towards the company's future prospects, aligning insider interests with shareholders. However, it's not a strong buy signal as no personal capital was directly invested in these specific transactions.

Positives

• Increased beneficial ownership by a key insider (Director and significant shareholder) can signal confidence in the company's future.
• The acquisition of shares, even through gifts, adds to the alignment of interests between management and shareholders.

Negatives

• The acquisitions were gifts (price $0.0000), not open market purchases, meaning no personal capital was directly invested in these specific transactions.

Risks

• No specific risks related to the company's operations or financial health are disclosed in this Form 4 filing.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This filing reports an individual insider transaction and does not provide information relevant to broader industry trends or competitors.

Related Party Transactions

• Indirect beneficial ownership is reported through various family trusts and entities (e.g., 1974 Trust, Generations Trust, JBM Marital Trust, JWM Family Enterprises, JWM III Generations Trusts, JWM Insurance Trust, and trusts for his children), which are related parties to the reporting person.
• The reported transactions were gifts of shares, not direct sales or purchases between the company and these related parties.

Stakeholder Impact

• Shareholders may view the increased insider ownership as a minor positive signal of confidence in the company.
• No direct impact on employees, customers, suppliers, or creditors is indicated by this filing.

Key Dates

Keywords

Marriott International, MAR, David S. Marriott, Insider transaction, Form 4, Beneficial ownership, Stock acquisition, Director, Common Stock, Gift