Marriott EVP has shares withheld for tax obligations
Marriott International EVP & General Counsel Rena Hozore Reiss reported tax-related share dispositions on Class A equity.
Rhea-AI Filing Summary
Marriott International EVP & General Counsel Rena Hozore Reiss reported tax-related share dispositions on Class A equity. A total of 1,603 restricted stock units and 5,119 shares of Class A common stock at $358.30 per share were withheld by the company to cover taxes on vesting of RSUs and PSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 6,722 shares
Exercise Price or Tax Liability
2 txns
Insider
Reiss Rena Hozore
Role
EVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common - Restricted Stock Units | 1,603 | $358.30 | $574K |
| Exercise Price or Tax Liability | Class A Common Stock | 5,119 | $358.30 | $1.83M |
Holdings After Transaction:
Class A Common - Restricted Stock Units — 5,181 shares (Direct);
Class A Common Stock — 30,187 shares (Direct)
Footnotes (2)
- F1. Shares withheld by the Company to cover taxes associated with vesting of RSUs.
- F2. Shares withheld by the Company to cover taxes associated with vesting of PSUs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Marriott (MAR) executive Rena Hozore Reiss report in this Form 4?
Rena Hozore Reiss reported tax-related share dispositions in Marriott stock. The company withheld shares of Class A common and restricted stock units to cover tax obligations arising from the vesting of RSUs and PSUs.
How many Marriott (MAR) restricted stock units were disposed of for taxes?
The filing shows 1,603 restricted stock units of Marriott Class A Common were disposed of. These units were withheld by the company specifically to cover taxes associated with the vesting of restricted stock unit awards.
What was the reference price used for the Marriott (MAR) tax-withholding transactions?
Both tax-withholding dispositions used a reference price of $358.30 per share. This price applied to the 1,603 restricted stock units and 5,119 Class A common shares that were withheld by the company to satisfy tax liabilities.
AI-generated analysis. How Rhea-AI works. Not financial advice.