Marriott (MAR) director Grant Reid receives deferred stock fee award
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Reid Grant
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock-Dir. Def. Stock Comp Plan-1 | 39.13 | $370.98 | $15K |
Holdings After Transaction:
Class A Common Stock-Dir. Def. Stock Comp Plan-1 — 3,557.13 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 39.13 shares
Grant reference price: $370.98 per share
Shares after transaction: 3,557.13 shares
+4 more
7 metrics
Shares granted
39.13 shares
Director deferred stock compensation grant
Grant reference price
$370.98 per share
Value used for quarterly director fees
Shares after transaction
3,557.13 shares
Direct holdings following the grant
Transaction code
A
Grant, award, or other acquisition
Transaction direction
acquire
Compensation-related stock award, not open-market buying
Buy transactions in filing
0
No open-market purchases reported
Sell transactions in filing
0
No dispositions or sales reported
Key Terms
director fees, deferred, fully vested, Class A Common Stock-Dir. Def. Stock Comp Plan-1, +1 more
5 terms
director fees financial
"Quarterly director fees deferred pursuant to the Company stock plan."
deferred financial
"Quarterly director fees deferred pursuant to the Company stock plan."
fully vested financial
"The shares are fully vested and will be distributed following termination of service as a Board member."
Class A Common Stock-Dir. Def. Stock Comp Plan-1 financial
"security_title: Class A Common Stock-Dir. Def. Stock Comp Plan-1"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Marriott (MAR) director Grant Reid report in this Form 4 filing?
Grant Reid reported a grant of 39.13 Marriott Class A common shares as deferred director fees. The award is fully vested and part of a compensation plan, not an open-market stock purchase, and increases his direct holdings to 3,557.13 shares.
Was the Marriott (MAR) Form 4 transaction a stock purchase or compensation grant?
The Form 4 shows a compensation-related grant, coded "A" for award or other acquisition. Reid received 39.13 shares under a director deferred stock compensation plan, representing quarterly fees, rather than buying shares in the open market.
What is the price reference for Grant Reid’s Marriott (MAR) stock grant?
The 39.13-share grant is reported at a reference price of $370.98 per share. This figure reflects the value used to calculate the quarterly director fees deferred into stock, rather than a separate cash transaction or open-market trade.