Form 4: Marriott International: J.W. Marriott Jr. Reports Changes in Beneficial Ownership

J.W. Marriott Jr. files a Form 4 detailing changes in his beneficial ownership of Marriott International stock, including a gift of 5,298 shares.

Summary

• J.W. Marriott Jr., a director and significant shareholder of Marriott International, filed a Form 4 with the SEC.
• The filing reports a transaction on December 20, 2024, where 5,298 shares of Class A Common Stock were disposed of as a gift.
• The gift was valued at $0.00 per share.
• Following the transaction, Marriott Jr. directly owns 2,565,547 shares of Class A Common Stock.
• He also has indirect ownership through various trusts, family enterprises, and a 401(k) account, totaling millions of shares.
• Marriott Jr. disclaims beneficial ownership of these indirectly held securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting a transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates changes in J.W. Marriott Jr.'s holdings, which may be of interest to investors.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it reflects a change in ownership by a key insider.

Key Dates