Form 4: Marriott International EVP & General Counsel Rena Hozore Reiss Reports Stock Sale
SEC Form 4 Filing
Rena Hozore Reiss, EVP & General Counsel of Marriott International, reports the sale of 3,487 shares of Class A Common Stock at $276.13 per share on November 7, 2024.
Summary
- On November 7, 2024, Rena Hozore Reiss, the EVP & General Counsel of Marriott International, sold 3,487 shares of Class A Common Stock.
- The sale price was $276.13 per share.
- Following the transaction, Reiss directly owns 21,615 shares of Class A Common Stock.
- Reiss also owns 7,198 Class A Common Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment, simply reporting a transaction.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company's stock.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a negative outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of stock sale transaction |
| 11/08/2024 | Date of signature on the Form 4 filing |
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