Form 4: Marriott International Director Grant Reid Acquires Shares Under Deferred Stock Compensation Plan
SEC Form 4 Filing
Director Grant Reid acquired 868 shares of Marriott International under the Deferred Stock Compensation Plan on May 12, 2025.
Summary
- On May 12, 2025, Grant Reid, a director of Marriott International, acquired 868 shares of Class A Common Stock through the company's Deferred Stock Compensation Plan.
- The acquisition price was $0.00 per share.
- Following the transaction, Reid directly owns 2,848 shares of Marriott International.
- The shares vest on a daily pro-rata basis over twelve months following the grant and will be distributed after termination of service as a Board member.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The transaction is a routine part of director compensation and suggests confidence in the company's long-term prospects.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating 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
This filing is a routine disclosure related to stock compensation for a company director, which is a common practice in publicly traded companies like Marriott International to align the interests of directors with those of shareholders.
Comparison to Industry Standards
- Deferred stock compensation plans are a common practice among large corporations like Marriott International to incentivize and retain board members.
- Similar plans are used by companies such as Hilton Worldwide and Hyatt Hotels Corporation to align director compensation with long-term shareholder value.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of transaction: Grant Reid acquired shares of Marriott International under the Deferred Stock Compensation Plan. |
| 05/14/2025 | Date of signature by Attorney-in-Fact, Andrew P.C. Wright. |
Keywords
Marriott International, Grant Reid, Director, Stock Acquisition, Deferred Stock Compensation Plan, Form 4, Beneficial Ownership
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