Form 4: Marriott International Controller and CAO, Felitia Lee, Reports Stock Transactions
SEC Form 4 Filing
Felitia Lee, Controller and CAO of Marriott International, reports the disposition of restricted stock units to cover tax obligations.
Summary
- On May 15, 2024, Felitia Lee, Controller and CAO of Marriott International, reported a transaction involving Class A Common Restricted Stock Units.
- 628 Restricted Stock Units were disposed of at a price of $236.51 to cover tax obligations.
- Following the transaction, Lee directly owns 5,830 Class A Common Restricted Stock Units and 6,524.564 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction involving Class A Common Restricted Stock Units. |
| 05/16/2024 | Date of signature by Attorney-in-Fact. |
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