Form 4: Marriott International Director Deborah Harrison Reports Stock Transactions

Deborah Harrison, a director at Marriott International, reported the acquisition of 1,522 shares of Class A Common Stock and a corresponding disposal of 1,522 shares on December 12, 2024, with no monetary exchange.

Summary

• Deborah Harrison, a director at Marriott International, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
• On December 12, 2024, she acquired 1,522 shares of Class A Common Stock and disposed of 1,522 shares, both at a price of $0.00.
• The transactions did not change her overall direct holdings but reflect a transfer of shares.
• Following these transactions, Ms. Harrison's direct holdings include 54,640 shares of Class A Common Stock.
• She also has indirect holdings through various trusts and entities, totaling millions of shares.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of stock transactions, with no indication 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 practice for publicly traded companies like Marriott International.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders in the US, and this filing is consistent with those requirements.
• The level of detail provided is typical for these types of disclosures, including the reporting of both direct and indirect holdings.

Stakeholder Impact

• The transactions are unlikely to have a significant impact on stakeholders as they represent a transfer of shares rather than a market sale or purchase.

Key Dates

Keywords

Marriott International, insider trading, Form 4, stock ownership, Deborah Harrison, Class A Common Stock, beneficial ownership, director