Form 4: Marriott International EVP Peggy Fang Roe Reports Stock Sale
SEC Form 4 Filing
Peggy Fang Roe, EVP & Chief Customer Officer of Marriott International, reports the sale of 3,000 shares of Class A Common Stock at $276.13 per share on November 7, 2024.
Summary
- Peggy Fang Roe, an Executive Vice President and Chief Customer Officer at Marriott International, reported a transaction on November 7, 2024.
- She sold 3,000 shares of Class A Common Stock at a price of $276.13 per share.
- Following the transaction, Roe directly owns 17,443 shares of Class A Common Stock.
- She also directly owns 6,222 Class A Common Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common among corporate executives. It provides transparency to investors regarding the buying and selling of company stock by its officers.
Stakeholder Impact
- The sale of shares by an executive could be perceived differently by stakeholders.
- Some may see it as a lack of confidence in the company's future, while others may view it as a personal financial decision.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of stock sale transaction |
| 11/08/2024 | Date of signature on the report |
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