Form 4: Marriott International Executive Satyajit Anand Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Satyajit Anand, President of EMEA at Marriott International, reports the disposal of restricted stock units to cover tax obligations associated with vesting.
Summary
- On February 18, 2025, Satyajit Anand, President of EMEA at Marriott International, disposed of 1,432 Class A Common Restricted Stock Units.
- The disposal was to cover taxes associated with the vesting of these units.
- The price per share was $285.09.
- Following the transaction, Anand directly owns 3,461 Class A Common Restricted Stock Units and 24,170 Class A Common Stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reflects a routine transaction for tax purposes. It's a standard practice and doesn't necessarily indicate a positive or negative outlook for the company.
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 compensation and stock ownership changes.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: Disposal of Restricted Stock Units. |
| 02/20/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, Beneficial Ownership, Stock Disposal, Restricted Stock Units, Marriott International, Satyajit Anand, Tax Obligations, EMEA
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