Marriott Insider Stock Sale: 2,500 Shares Worth $670K Signal Executive Move
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
FAQ
How many Marriott (MAR) shares are being sold according to the Form 144 filing from June 2025?
What is the aggregate market value of MAR shares to be sold in this Form 144?
How did the insider acquire the MAR shares being sold?
What is the total number of MAR shares outstanding according to the June 2025 Form 144?
When is the approximate date of sale for the MAR shares in this Form 144?