Form 4: Marriott International Director Aylwin B. Lewis Reports Stock Acquisition
SEC Form 4 Filing
Director Aylwin B. Lewis reports acquisition of Marriott International stock through deferred compensation plan.
Summary
- On September 30, 2024, Aylwin B. Lewis, a director of Marriott International, acquired 14.488 shares of Class A Common Stock through the company's Deferred Stock Compensation Plan.
- The price per share was $250.21.
- Following the transaction, Lewis directly owns 11,771.018 shares of Class A Common Stock and 9,068 shares of Class A Common Stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. A director acquiring shares through a compensation plan is generally a good sign, indicating confidence in the company's performance. However, it's a routine transaction.
Positives
- The director's participation in the Deferred Stock Compensation Plan demonstrates confidence in the company's future.
Industry Context
Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's valuation and future prospects. This transaction reflects a director's continued investment in the company.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of stock acquisition |
| 10/02/2024 | Date of signature on the Form 4 filing |
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