Form 4: Marriott International Director Deborah Harrison Reports Share Transactions

Deborah Marriott Harrison, a director at Marriott International, reported several transactions involving Class A Common Stock, including acquisitions and disposals, as well as holdings through various trusts.

Summary

• Deborah Marriott Harrison, a director at Marriott International, has filed a Form 4 detailing changes in her beneficial ownership of the company's Class A Common Stock.
• The transactions include the acquisition of 142 shares on November 6, 2024, and the disposal of 917 shares on November 12, 2024, and 1,968 shares on November 13, 2024, all at a price of $0.00.
• She also reported indirect ownership through various trusts and family entities, including a spouse, grandchildren, and several family trusts.
• The total direct holdings after these transactions are 56,162 shares, and indirect holdings are spread across multiple entities.
• The report also includes holdings of Class A Common Stock through a Director Deferred Stock Compensation Plan and Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, not indicative of positive or negative sentiment.

Management Comments

• The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein.

Industry Context

This filing is a routine disclosure of stock transactions by a company director, which is common in the hospitality industry and required by the SEC.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders across all industries, including hospitality.
• The level of detail provided in this filing is consistent with SEC requirements for reporting changes in beneficial ownership.
• Other directors and officers of publicly traded companies in the hospitality sector, such as Hilton and Hyatt, also regularly file similar reports.

Stakeholder Impact

• The transactions reported in this filing are unlikely to have a significant impact on stakeholders, as they are routine for company directors.

Key Dates

Keywords

Marriott International, Deborah Marriott Harrison, Class A Common Stock, Form 4, Beneficial Ownership, Director, Share Transactions, Trusts, SEC Filing