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

Deborah Marriott Harrison, a director at Marriott International, reported a transaction involving the distribution of Class A Common Stock from a trust, along with her indirect beneficial ownership in various entities.

Summary

• On March 27, 2024, Deborah Marriott Harrison, a director at Marriott International, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
• The report indicates a distribution of 71,651 shares of Class A Common Stock from a trust where she serves as a co-trustee.
• Harrison disclaims pecuniary interest in these distributed securities.
• The filing also lists her indirect beneficial ownership through various trusts and entities, including JWM Family Enterprises, Generations Trust, and others, totaling 22,027,118 shares through JWM Family Enterprises.
• She disclaims beneficial ownership of these indirectly held securities except to the extent of her pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock ownership and transactions. It is a standard practice for directors and officers of publicly traded companies.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the stock ownership of a key company director.
• It assures compliance with SEC regulations.

Key Dates