Form 4: Marriott International Director Isabella D. Goren Reports Acquisition of 837 Shares
SEC Form 4
Director Isabella D. Goren acquired 837 shares of Marriott International Class A Common Stock through a deferred stock compensation plan.
Summary
- On May 13, 2024, Isabella D. Goren, a director of Marriott International, acquired 837 shares of Class A Common Stock through a deferred stock compensation plan.
- The price per share was $0.00.
- Following the transaction, Goren directly owns 3,091 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: 6
Explanation: The sentiment is neutral. It's a routine transaction, and the acquisition of shares by a director is generally viewed as a positive, but it's not a major event.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The acquired 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 of stock ownership changes by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 05/13/2024 | Date of transaction: Isabella D. Goren acquired 837 shares of Marriott International Class A Common Stock. |
| 05/14/2024 | Date of signature on the Form 4 filing. |
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