Form 4: Marriott International EVP Benjamin Breland Reports Stock Award Vesting

EVP & Chief HR Officer of Marriott International, Benjamin T. Breland, reports the vesting of performance-based stock units and subsequent ownership changes.

Summary

• On February 12, 2025, Benjamin T. Breland, EVP & Chief HR Officer of Marriott International, reported a transaction involving Class A Common Stock.
• Breland acquired 8,012 shares of Class A Common Stock at a price of $0.00 per share due to the vesting of performance-based units.
• Following the transaction, Breland directly owns 19,726.8851 shares of Class A Common Stock.
• Breland also owns 13,583 Class A Common Restricted Stock Units.
• Additionally, Breland indirectly owns 1,220.097 shares of Class A Common Stock through a 401(k) account.

Sentiment

Score: 6

Explanation: The document is a routine SEC filing detailing stock ownership changes. The vesting of performance-based units suggests the achievement of certain performance goals, which is mildly positive.

Positives

• The vesting of performance-based units indicates that certain performance objectives were met, which could be seen as a positive sign for the company's performance.

Industry Context

Executive compensation and stock ownership are common practices in the hospitality industry to align management's interests with those of shareholders. This filing reflects the standard process of reporting changes in beneficial ownership as required by the SEC.

Stakeholder Impact

• The vesting of stock units can have a minor positive impact on shareholder sentiment as it indicates the achievement of performance goals.

Key Dates