Form 4: Marriott International EVP Drew Pinto Reports Sale of 1,000 Shares
SEC Form 4 Filing
EVP, Chief Revenue and Technology Officer of Marriott International, Drew Pinto, reports the sale of 1,000 shares of Class A Common Stock at an average price of $280.719.
Summary
- Drew Pinto, EVP, Chief Revenue and Technology Officer of Marriott International, filed a Form 4 with the SEC.
- The form reports the sale of 1,000 shares of Class A Common Stock on November 8, 2024.
- The shares were sold at a weighted average price of $280.719.
- Following the transaction, Pinto directly owns 4,996 shares of Class A Common Stock and 5,819 Class A Common Restricted Stock Units.
- The sale was executed on November 8, 2024.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider stock sale, with no indication of positive or negative implications for the company.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it is a relatively small transaction and unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 11/08/2024 | Date of stock sale transaction |
| 11/11/2024 | Date of signature on the Form 4 filing |
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