Form 4: Marriott Director Gifts 850 Class A Common Stock Shares

Marriott International Director David S. Marriott reported a gift of 850 Class A Common Stock shares, adjusting his beneficial ownership.

Summary

• David S. Marriott, a Director and member of a 13D Group owning more than 10% of Marriott International Inc. /MD/ (MAR), reported a change in beneficial ownership.
• On November 12, 2025, Mr. Marriott disposed of 850 shares of Class A Common Stock via a gift (Transaction Code 'G').
• The transaction price for the gifted shares was $0.0000.
• Following this transaction, Mr. Marriott directly owns 596,641 shares of Class A Common Stock and 1,224 shares of Class A Common Stock-Dir. Def. Stock Comp Plan-1.
• Mr. Marriott also indirectly beneficially owns a significant number of shares through various trusts and entities, including 8,903 shares by Spouse, 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 for his children and other family members.
• The reporting person disclaims beneficial ownership of the indirectly held securities except to the extent of his pecuniary interest therein.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction (a gift of shares) which is generally neutral in sentiment and does not indicate significant positive or negative developments for the company or its stock price.

Future Outlook

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

Industry Context

This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive analysis.

Related Party Transactions

• David S. Marriott disposed of 850 shares of Class A Common Stock via a gift. While the recipient is not specified, such transactions by insiders are often made to family members or family-related trusts, which would constitute related parties.
• The reporting person also holds significant indirect beneficial ownership through various family trusts and entities, including a spouse, the 1974 Trust, Trust for Steven Garff Marriott's Descendants, Generations Trust, JBM Marital Trust, JWM Family Enterprises, JWM III Generations Trusts, JWM Insurance Trust, and several trusts for his children and other family members.

Stakeholder Impact

• Shareholders: The disposition of 850 shares via gift by a director is a minor event and is unlikely to have a material impact on the company's share price or overall shareholder value.
• Management: This is a personal transaction by a director and does not reflect on the broader management team's performance or strategy.

Key Dates

Keywords

Marriott, MAR, Form 4, insider transaction, beneficial ownership, stock gift, director, equity disposition