Form 4: Marriott International Director, Grant Reid, Acquires Shares Through Deferred Stock Compensation Plan

Grant Reid, a director at Marriott International, acquired 837 shares of Class A Common Stock through a deferred stock compensation plan on May 13, 2024.

Summary

• On May 13, 2024, Grant Reid, a director of Marriott International, acquired 837 shares of Class A Common Stock.
• The acquisition was made through a deferred stock compensation plan.
• The price per share was $0.00.
• Following the transaction, Reid directly owns 1,980 shares of Class A Common Stock.
• The shares 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: 7

Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares suggests confidence in the company, but it's part of a standard compensation plan.

Positives

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

Future Outlook

The shares 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

Insider transactions are routinely monitored to gauge executive sentiment and potential future performance of the company. This transaction reflects a director's continued investment in the company.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder sentiment.

Key Dates