Marriott director reports deferred stock grant
Marriott International director Grant Reid reported a routine stock-based compensation grant.
Rhea-AI Filing Summary
Marriott International director Grant Reid reported a routine stock-based compensation grant. He acquired 39.13 shares of Class A common stock under a director deferred stock compensation plan at a reference price of $370.98 per share, bringing his direct holdings to 3,557.13 shares.
According to the footnote, these shares represent quarterly director fees deferred into company stock. The shares are fully vested but will only be distributed after his service on the Board ends, reflecting compensation timing rather than an open-market purchase.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock-Dir. Def. Stock Comp Plan-1 | 39.13 | $370.98 | $15K |
Footnotes (1)
- F1. Quarterly director fees deferred pursuant to the Company stock plan. The shares are fully vested and will be distributed following termination of service as a Board member.
Key Figures
Key Terms
director fees financial
deferred financial
fully vested financial
Class A Common Stock-Dir. Def. Stock Comp Plan-1 financial
grant, award, or other acquisition financial
FAQ
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What did Marriott (MAR) director Grant Reid report in this Form 4 filing?
Was the Marriott (MAR) Form 4 transaction a stock purchase or compensation grant?
What is the price reference for Grant Reid’s Marriott (MAR) stock grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.