Form 4: Marriott Insider Transaction: J.W. Marriott Jr. Reports Share Transfers

J.W. Marriott Jr., a director and significant shareholder of Marriott International, reported a transfer of 170,038 Class A Common Stock shares.

Summary

• J.W. Marriott Jr., a director and significant shareholder of Marriott International, filed a Form 4 disclosing a transaction involving Class A Common Stock.
• The transaction involved the transfer of 170,038 shares of Class A Common Stock.
• The shares were transferred at a price of $0.00, indicating a non-cash transfer.
• Following the transaction, Mr. Marriott's total beneficial ownership includes 2,720,608 shares held indirectly through a trustee, 2,570,845 shares held directly, 165,017 shares held indirectly through a 401(k) account, 22,027,118 shares held indirectly through JWM Family Enterprises, and other indirect holdings through various trusts and family entities.
• The report also includes indirect holdings through various trusts and family entities.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, not indicative of positive or negative sentiment. It simply reports a transaction.

Industry Context

This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the ownership changes of key personnel.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
• Similar filings are made by executives and major shareholders of other hospitality companies such as Hilton and Hyatt, reflecting standard regulatory compliance.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a transfer of shares and not a sale on the open market.

Key Dates

Keywords

Marriott International, Insider Trading, Form 4, J.W. Marriott Jr., Class A Common Stock, Beneficial Ownership, Share Transfer, SEC Filing