Form 4: Marriott EVP Reiss Vests 11,266 Performance Shares
Insider Transaction Report
Marriott International's EVP & General Counsel, Rena Hozore Reiss, acquired 11,266 shares of Class A Common Stock through the vesting of performance-based units.
Summary
- Rena Hozore Reiss, Executive Vice President and General Counsel of Marriott International Inc., acquired 11,266 shares of Class A Common Stock.
- The transaction occurred on February 11, 2026, and was reported on February 13, 2026.
- These shares were earned in connection with performance-based units initially granted on February 16, 2023, under the Marriott International, Inc. Stock and Cash Incentive Plan.
- The vesting was contingent upon the attainment of certain performance objectives and continued employment.
- The issuer's compensation committee certified the performance, leading to the full vesting of these shares.
- The acquisition price for these shares was $0.0000, indicating they were compensation rather than a purchase.
- Following this transaction, Ms. Reiss directly beneficially owns 35,999 shares of Class A Common Stock and 6,359 Class A Common Restricted Stock Units.
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a moderately positive routine event, reflecting the successful vesting of executive performance awards, which implies the achievement of company objectives and strengthens executive alignment with shareholder interests.
Positives
- The vesting of performance-based units indicates the achievement of company performance objectives, reflecting positively on operational execution.
- Increased direct equity ownership by a key executive like the EVP & General Counsel further aligns management's interests with those of shareholders, promoting long-term value creation.
Industry Context
StockSavvy.ai notes that executive stock vesting, particularly for performance-based awards, is a common practice in the hospitality industry, aligning executive incentives with long-term company performance and shareholder value creation. This type of compensation structure is prevalent among major hotel chains like Hilton and Hyatt.
Comparison to Industry Standards
- Executive compensation through performance-based equity awards is a standard practice across large-cap companies, including peers in the hospitality sector such as Hilton Worldwide Holdings (HLT) and Hyatt Hotels Corporation (H).
- The vesting of 11,266 shares for an EVP & General Counsel is consistent with typical executive compensation packages designed to reward sustained performance and retention within the industry.
Stakeholder Impact
- Shareholders: Increased alignment of executive interests with shareholder value through direct equity ownership.
- Employees: Demonstrates the company's commitment to its incentive plans and rewarding performance, potentially boosting morale and retention.
Key Dates
| Date | Description |
|---|---|
| 02/16/2023 | Date performance-based units were initially granted to Rena Hozore Reiss. |
| 02/11/2026 | Date the 11,266 shares fully vested following certification by the issuer's compensation committee. |
| 02/13/2026 | Date the Form 4 was signed by the attorney-in-fact and filed with the SEC. |
Keywords
Marriott International, MAR, Insider Transaction, Form 4, Stock Vesting, Executive Compensation, Rena Hozore Reiss, Performance Shares, Restricted Stock Units
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