Marriott (MAR) EVP & counsel awarded 11,266 performance-based shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marriott International executive Rena Hozore Reiss reported a stock award tied to prior performance-based units. On February 11, 2026, she acquired 11,266 shares of Class A Common Stock at $0.0000 per share through the vesting of performance-based units granted on February 16, 2023.
The shares were earned based on achieving specified performance objectives and continued employment, and fully vested after certification by the company’s compensation committee. Following this award, she directly holds 35,999 Class A Common shares and 6,359 Class A Common restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Reiss Rena Hozore
Role
EVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 11,266 | $0.00 | -- |
| holding | Class A Common - Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 35,999 shares (Direct);
Class A Common - Restricted Stock Units — 6,359 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Marriott (MAR) report for Rena Hozore Reiss?
Marriott disclosed that EVP & General Counsel Rena Hozore Reiss acquired 11,266 Class A shares. The shares came from previously granted performance-based units that vested after meeting performance objectives and continued employment, with the award effective on February 11, 2026 at a stated price of $0.0000.
Was the Marriott (MAR) insider transaction an open-market purchase or an equity award?
The transaction was an equity award, not an open-market purchase. The 11,266 Class A shares were earned from performance-based units granted on February 16, 2023, vesting on February 11, 2026 after the compensation committee certified attainment of specified performance objectives and employment conditions.
What are the performance-based units mentioned in Marriott (MAR)'s Form 4 filing?
The performance-based units are equity awards granted on February 16, 2023. They converted into 11,266 Class A shares after Marriott’s compensation committee certified that certain performance objectives were met and that Rena Hozore Reiss satisfied continued employment requirements through February 11, 2026.