Marriott Insider Stock Sale: 2,500 Shares Worth $670K Signal Executive Move
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Form 144 Notice of Proposed Sale filed for Marriott International (NASDAQ: MAR) indicates a planned sale of 2,500 Class A shares with an aggregate market value of $670,709.50. The sale is scheduled for June 24, 2025, through Fidelity Brokerage Services.
The shares to be sold were acquired through two restricted stock vesting events:
- 1,720 shares acquired on September 15, 2023
- 780 shares acquired on February 15, 2024
Both acquisitions were received as compensation directly from the issuer. The total outstanding Class A shares are reported at 273,896,119. The filing indicates no other securities were sold by the reporting person during the past 3 months. This Form 144 represents the declaration of intention to sell securities acquired through restricted stock units, demonstrating standard executive compensation liquidation.
Positive
- None.
Negative
- Insider plans to sell 2,500 shares worth approximately $670,710 on NASDAQ, though this represents less than 0.001% of total outstanding shares