Form 4: Marriott Director David S. Marriott Reports Changes in Beneficial Ownership

David S. Marriott, a director and significant shareholder of Marriott International, filed a Form 4 detailing changes in his beneficial ownership of the company's Class A Common Stock.

Summary

• On December 20, 2024, David S. Marriott reported changes in his beneficial ownership of Marriott International Inc. Class A Common Stock.
• The transactions include the acquisition of 125 shares of Class A Common Stock at $0.00, along with holdings in restricted stock units and deferred stock compensation plans.
• Marriott's direct holdings include 595,793 shares of Class A Common Stock, 1,320 Restricted Stock Units, and 1,224 shares in a Direct Deferred Stock Compensation Plan.
• He also has indirect ownership through various trusts, including those for Steven Garff Marriott's Descendants, Generations Trust, JBM Marital Trust, JWM Family Enterprises, JWM III Generations Trusts, JWM Insurance Trust, and trusts for his children and descendants.
• His indirect holdings through these trusts amount to a substantial number of shares.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports changes in ownership.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their ownership, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key director.

Key Dates