Form 4: Marriott International Director Lauren R. Hobart Acquires Shares Under Deferred Stock Compensation Plan

Director Lauren R. Hobart acquired 837 shares of Marriott International Class A Common Stock under the Deferred Stock Compensation Plan on May 13, 2024.

Summary

• On May 13, 2024, Lauren R. Hobart, a director of Marriott International, acquired 837 shares of Class A Common Stock through the Deferred Stock Compensation Plan.
• The acquisition price was $0.00 per share.
• Following the transaction, Hobart directly owns 1,980 shares of Marriott International.
• The shares vest daily over a 12-month period following the grant and will be distributed after termination of service as a Board member.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard stock transaction. It's neither particularly positive nor negative, but reflects normal executive compensation practices.

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

This Form 4 filing is a routine disclosure of a director's stock acquisition, which is common in publicly traded companies as part of their compensation plans. It provides transparency to investors regarding the holdings of company insiders.

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