Form 4: Marriott International Director Aylwin B. Lewis Reports Acquisition of Class A Common Stock

Sentiment:

SEC Form 4 Filing


Director Aylwin B. Lewis reports acquiring 837 shares of Marriott International Class A Common Stock through a deferred stock compensation plan.

Summary

  • On May 13, 2024, Aylwin B. Lewis, a director of Marriott International, acquired 837 shares of Class A Common Stock through a deferred stock compensation plan.
  • The price per share was $0.00.
  • Following the transaction, Lewis directly owns 9,068 shares of Class A Common Stock and 11,734.19 shares through the deferred stock compensation plan.
  • The shares acquired through the deferred stock compensation plan will vest on a daily pro-rata basis over twelve months following the grant date and will be distributed in four annual installments after termination of service as a Board member.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to executive compensation.

Positives

  • The acquisition of shares by a director may signal confidence in the company's future performance.

Future Outlook

The shares acquired through the deferred stock compensation plan will vest on a daily pro-rata basis over twelve months following the grant date and will be distributed in four annual installments after termination of service as a Board member.

Industry Context

Insider transactions are closely monitored as they can provide insights into management's perspective on the company's valuation and prospects. This transaction reflects a director's continued investment in the company.

Stakeholder Impact

  • The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates

DateDescription
05/13/2024Date of transaction: Aylwin B. Lewis acquired shares of Class A Common Stock.
05/14/2024Date of signature on the Form 4 filing.

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