Marriott (MAR) director Sean Tresvant granted 670 deferred stock plan shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tresvant Sean reported acquisition or exercise transactions in this Form 4 filing.
Marriott International director Sean Tresvant received an equity award under the company’s deferred stock compensation plan. He was granted 670 shares of Class A Common Stock credited to this plan at a stated price of $0.00 per share. Following the grant, he directly holds 1,538 shares reported under this plan. According to the disclosure, the awarded shares will vest on a daily pro-rata basis over the twelve-month period following the grant date and will be distributed after his service as a Board member ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tresvant Sean
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock-Dir. Def. Stock Comp Plan-1 | 670 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock-Dir. Def. Stock Comp Plan-1 — 1,538 shares (Direct, null)
Footnotes (1)
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Key Figures
Director equity grant: 670 shares
Post-grant holdings: 1,538 shares
Grant price: $0.00 per share
+1 more
4 metrics
Director equity grant
670 shares
Class A Common Stock under deferred stock compensation plan
Post-grant holdings
1,538 shares
Total Class A shares following transaction
Grant price
$0.00 per share
Stated transaction price for equity award
Vesting period
12 months
Daily pro-rata vesting following the grant date
Key Terms
Class A Common Stock-Dir. Def. Stock Comp Plan-1, Grant, award, or other acquisition, daily pro-rata basis, deferred stock compensation plan, +1 more
5 terms
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"
daily pro-rata basis financial
"The shares will vest on a daily pro-rata basis over the twelve month period"
deferred stock compensation plan financial
"Class A Common Stock-Dir. Def. Stock Comp Plan-1"
termination of service as a Board member financial
"be distributed following termination of service as a Board member"
FAQ
What did Marriott (MAR) director Sean Tresvant report in this Form 4?
Sean Tresvant reported receiving 670 shares of Class A Common Stock under Marriott’s deferred stock compensation plan. This is a grant classified as a “Grant, award, or other acquisition,” not an open-market purchase or sale, and reflects routine director equity compensation.
Was Sean Tresvant’s Marriott (MAR) transaction an open-market buy or sell?
No, this was not an open-market trade. The Form 4 classifies the transaction with code “A” as a grant, award, or other acquisition of 670 shares under a director deferred stock compensation plan, at a price of $0.00 per share.