Form 4: Marriott International Director Deborah Marriott Harrison Reports Changes in Beneficial Ownership

Deborah Marriott Harrison, a director at Marriott International, reported changes in her beneficial ownership of company stock, including acquisitions and indirect holdings through various trusts.

Summary

• On December 20, 2024, Deborah Marriott Harrison, a director at Marriott International, filed a Form 4 with the SEC detailing changes in her beneficial ownership of the company's Class A Common Stock.
• The reported transactions include the acquisition of 125 shares of Class A Common Stock at $0.00, likely a grant or award.
• Harrison directly owns 54,765 shares of Class A Common Stock and 2,129 shares through a Deferred Stock Compensation Plan.
• She also has indirect ownership through various trusts, including the 2021 Trust (1,610 shares), the 1974 Trust (695,861 shares), and others.
• Her indirect holdings also include 2,220 shares of Class A Common Restricted Stock Units held by her spouse, and holdings through Generations Trust (240,000 shares), Grandchildren Multi-Trust (13,878 shares), JWM Family Enterprises (22,027,118 shares), JWM III Trustee 1 (70,203 shares), JWM III Trustee 2 (60,636 shares), JWM III Trustee 3 (48,327 shares), JWM Insurance Trust (251,000 shares), MCH Investments, LLC (34,920 shares), MCH Irrev. Trust (57,420 shares), SMH Investments, LLC (90,561 shares), SMH Irrev. Trust (12,658 shares), and The Harrison Generation Trust (245,210 shares).

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a routine disclosure of insider transactions. The acquisition of shares is a mildly positive signal, but the overall impact is limited.

Positives

• The acquisition of shares, even if a grant, can be seen as a positive sign of alignment with shareholder interests.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential insider trading activity and assess management's confidence in the company's prospects.

Comparison to Industry Standards

• Tracking insider transactions is a common practice in financial analysis.
• Comparing the volume and nature of insider transactions (purchases vs sales) to those of peers like Hilton or Hyatt can provide insights into relative management sentiment.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding insider transactions.
• It can influence investor perception of management's confidence in the company.

Key Dates