Form 4: Marriott International Executive Peggy Fang Roe Reports Stock Transactions
SEC Filing
EVP & Chief Customer Officer of Marriott International, Peggy Fang Roe, reports the disposition of restricted stock units to cover taxes and maintains ownership of Class A Common Stock.
Summary
- Peggy Fang Roe, EVP & Chief Customer Officer of Marriott International, filed a Form 4 detailing changes in beneficial ownership.
- On February 18, 2025, Roe disposed of 1,195 Class A Common Restricted Stock Units at a price of $285.09.
- This disposition was to cover taxes associated with the vesting of RSUs.
- Following the transaction, Roe beneficially owns 4,532 Class A Common Restricted Stock Units and 19,666 Class A Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing represents a routine transaction related to executive compensation and tax obligations.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive stock ownership and potential alignment with company performance.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a standard procedure for covering taxes on vested stock.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: Disposition of Class A Common Restricted Stock Units. |
| 02/20/2025 | Date of signature for the report. |
Keywords
Form 4, Beneficial Ownership, Marriott International, Peggy Fang Roe, Stock Transaction, Restricted Stock Units, MAR
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