Form 4: Marriott International Executive Drew Pinto Reports Stock Disposal to Cover Taxes
SEC Form 4 Filing
Drew Pinto, EVP, Chf. Rev & Technology at Marriott International, disposed of 1,035 Class A Common Restricted Stock Units to cover taxes associated with vesting RSUs on February 18, 2025.
Summary
- On February 18, 2025, Drew Pinto, EVP, Chf. Rev & Technology at Marriott International, disposed of 1,035 Class A Common Restricted Stock Units.
- The transaction was to cover taxes associated with the vesting of Restricted Stock Units (RSUs).
- The price per share for the disposed units was $285.09.
- Following the transaction, Pinto directly owns 4,497 Class A Common Restricted Stock Units and 7,011 Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and tax obligations, and does not indicate any positive or negative sentiment about the company's performance.
Industry Context
Executive stock transactions are a normal part of corporate governance and compensation practices. This transaction reflects the executive's management of their equity-based compensation.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: Disposal of Class A Common Restricted Stock Units. |
| 02/20/2025 | Date of signature for the report. |
Keywords
Form 4, MAR, Marriott International, Drew Pinto, Executive Compensation, Stock Disposal, RSUs, Restricted Stock Units, Tax Withholding
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.