Form 4: Marriott International Director David S. Marriott Reports Changes in Beneficial Ownership

Sentiment:

SEC Filing


David S. Marriott, a director at Marriott International, filed a Form 4 detailing changes in his beneficial ownership of the company's stock due to restricted stock units vesting and tax withholdings.

Summary

  • On February 18, 2025, David S. Marriott, a director at Marriott International, had 472 Class A Common shares withheld to cover taxes associated with the vesting of Restricted Stock Units (RSUs) at a price of $285.09.
  • The transaction resulted in a decrease in his directly held Class A Common shares.
  • He also indirectly owns shares through various trusts and entities, including JWM Family Enterprises, JBM Marital Trust, and others.
  • As of December 20, 2024, he acquired 125 Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, and the transactions described are typical for corporate insiders. Therefore, the sentiment is neutral.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Key Dates

DateDescription
12/20/2024Date of earliest transaction reported: Acquisition of 125 Class A Common Stock.
02/18/2025Shares withheld by the Company to cover taxes associated with vesting of RSUs.
02/20/2025Date of signature on the report.

Keywords

Form 4, Beneficial Ownership, Marriott International, David S. Marriott, Restricted Stock Units, Class A Common Stock, Director, Securities

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