Form 4: Marriott Director Harrison Reports Gifted Stock Acquisitions

Marriott International Director Deborah Marriott Harrison reported the acquisition of Class A Common Stock through gift transactions, increasing her beneficial ownership directly and indirectly through family trusts.

Summary

• Deborah Marriott Harrison, a Director and member of a 13(d) group at Marriott International Inc., reported changes in beneficial ownership.
• On November 14, 2025, she acquired Class A Common Stock through gift transactions (Transaction Code 'G') at a price of $0.00 per share.
• Direct acquisitions included 132 shares and 131 shares, bringing her direct beneficial ownership to 39,775 shares.
• Indirect acquisitions included 132 shares through her spouse and 2,112 shares through the Grandchildren Multi-Trust, increasing indirect holdings.
• Following these transactions, her total indirect beneficial ownership through various trusts and entities is over 23 million shares, though she disclaims beneficial ownership except for her pecuniary interest.

Sentiment

Score: 6

Explanation: The filing reports a director's acquisition of shares, albeit through gifts, which slightly increases insider beneficial ownership. While not a direct cash investment, it indicates continued alignment with the company's equity structure. The transactions are routine for insider reporting and do not reflect operational performance.

Positives

• Increased beneficial ownership by a director, even through gifts, can signal alignment with shareholder interests.
• The transactions occurred at a $0.00 price, indicating gifts rather than purchases, which does not represent a cash outflow for the reporting person.

Negatives

• No direct cash investment by the director in these specific transactions, as they were gifts.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of insider stock transactions and does not provide information related to broader industry trends or competitive landscape.

Related Party Transactions

• The reported gift transactions involve transfers of Class A Common Stock to the reporting person directly and indirectly through family trusts (spouse, Grandchildren Multi-Trust), which are considered related parties.

Stakeholder Impact

• Minimal direct impact on shareholders, employees, customers, suppliers, or creditors from these routine insider gift transactions. The primary impact is a slight adjustment in the beneficial ownership structure of a director.

Key Dates

Keywords

Marriott International, MAR, SEC Form 4, Insider Transaction, Beneficial Ownership, Deborah Marriott Harrison, Stock Acquisition, Gifted Shares, Director Ownership