Form 4: Marriott EVP Reiss Reports Tax-Related Stock Dispositions

Marriott International's EVP & General Counsel, Rena Hozore Reiss, reported the disposition of Class A Common Stock and Restricted Stock Units to cover tax obligations related to vesting.

Summary

• Rena Hozore Reiss, Executive Vice President & General Counsel of Marriott International Inc. (MAR), reported transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
• On February 17, 2026, 1,603 Class A Common Restricted Stock Units were disposed of at a price of $358.3 per share.
• These RSUs were withheld by the company to cover taxes associated with their vesting.
• Following this transaction, Rena Hozore Reiss directly beneficially owns 5,181 Class A Common Restricted Stock Units.
• Additionally, on February 17, 2026, 5,119 shares of Class A Common Stock were disposed of at a price of $358.3 per share.
• These shares were withheld by the company to cover taxes associated with the vesting of Performance Stock Units (PSUs).
• After this transaction, Rena Hozore Reiss directly beneficially owns 30,187 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative transaction related to executive compensation, with no direct positive or negative implications for the company's operational or financial performance.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that tax-related dispositions of equity awards are a routine and expected part of executive compensation plans across various industries. These transactions typically occur upon the vesting of Restricted Stock Units (RSUs) or Performance Stock Units (PSUs) to satisfy statutory tax obligations, and do not generally reflect a discretionary sale based on an executive's view of the company's future prospects.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction and not a discretionary sale.
• Employees: No direct impact beyond the reporting person.

Key Dates

Recommendation

The reported transactions are routine tax-related dispositions of vested equity compensation by an executive. They do not reflect a discretionary sale based on a change in outlook for the company, nor do they indicate any new fundamental information that would alter an investment thesis. Therefore, a 'hold' recommendation is appropriate as this filing provides no new actionable information for a buy or sell decision.

Keywords

Marriott International, MAR, Rena Hozore Reiss, Form 4, Insider Transaction, Restricted Stock Units, RSU, Performance Stock Units, PSU, Tax Withholding, Executive Compensation