Form 4: Marriott International Director Acquires Shares Through Deferred Stock Plan

A Marriott International director, Aylwin B. Lewis, acquired 12.96 shares of Class A Common Stock through a deferred stock compensation plan.

Summary

• Aylwin B. Lewis, a director at Marriott International, acquired 12.96 shares of Class A Common Stock on December 31, 2024.
• The shares were acquired through a deferred stock compensation plan at a price of $279.71 per share.
• These shares are fully vested but will be distributed after the director's service on the board ends.
• The director also directly owns 9,068 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, indicating a positive alignment of interests between the director and the company, but it is not a major event.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.
• The deferred stock compensation plan aligns the director's interests with those of the shareholders.

Industry Context

This is a routine transaction for a director of a public company, and it is common for directors to receive stock as part of their compensation.

Comparison to Industry Standards

• Deferred stock compensation is a common practice for directors in publicly traded companies, aligning their interests with long-term shareholder value.
• The number of shares acquired is relatively small, suggesting this is a regular part of the director's compensation rather than a significant investment decision.
• Other hospitality companies such as Hilton and Hyatt also use similar compensation methods for their directors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it demonstrates the director's commitment to the company.

Key Dates

Keywords

Marriott International, Director, Stock Acquisition, Deferred Compensation, Class A Common Stock, SEC Form 4, Aylwin B. Lewis