Form 4: Marriott International Executive William P. Brown Reports Stock Transactions
SEC Form 4 Filing
Group President William P. Brown of Marriott International reports the withholding of shares to cover taxes associated with vesting of restricted stock units and performance stock units.
Summary
- On February 18, 2025, William P. Brown, Group President, US and Canada at Marriott International, reported transactions involving Class A Common Stock.
- The transactions involved the withholding of 2,014 shares to cover taxes associated with the vesting of Restricted Stock Units (RSUs) at a price of $285.09.
- Additionally, 4,748 shares were withheld to cover taxes associated with the vesting of Performance Stock Units (PSUs) at a price of $285.09.
- Following these transactions, Brown directly owns 7,529 Class A Common Restricted Stock Units and 25,564 Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't convey any particular positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine tax withholdings related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of earliest transaction: withholding of shares for taxes on vesting RSUs and PSUs. |
| 02/20/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, MAR, Marriott International, William P. Brown, Stock Transactions, Restricted Stock Units, Performance Stock Units, Tax Withholding, Beneficial Ownership
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.