Form 4: Marriott International Director, Debra L. Lee, Reports Acquisition of Class A Common Stock

Director Debra L. Lee reports acquisition of 837 shares of Marriott International Class A Common Stock through a deferred stock compensation plan.

Summary

• On May 13, 2024, Debra L. Lee, a director of Marriott International Inc., acquired 837 shares of Class A Common Stock through a deferred stock compensation plan.
• The price per share was $0.0000.
• Following the transaction, Lee directly owns 34,414 shares of Class A Common Stock and 1,111 shares of Class A Common Stock.
• The shares from the deferred stock compensation plan will vest on a daily pro-rata basis over the twelve (12) month period following the grant and be distributed following termination of service as a Board member.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a routine transaction. The acquisition of shares by a director is generally viewed positively, but it's part of a compensation plan, so it's not necessarily indicative of strong positive sentiment.

Positives

• The acquisition of shares by a director may signal confidence in the company's future prospects.

Future Outlook

The shares acquired through the deferred stock compensation plan will vest on a daily pro-rata basis over the twelve (12) month period following the grant and be distributed following termination of service as a Board member.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in the hospitality industry and among publicly traded companies.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine stock acquisition by a director.

Key Dates