Marriott (MAR) Group President earns 13,518 performance-based shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marriott International executive William P. Brown reported an equity award tied to prior performance-based units. On February 11, 2026, he acquired 13,518 shares of Class A common stock at $0.0000 per share, earned under a February 16, 2023 performance grant after achieving specified objectives and maintaining employment.
These shares fully vested on February 11, 2026 following certification by the compensation committee. After this award, Brown directly holds 24,518 shares of Class A common stock and 7,529 Class A common stock restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Brown William P
Role
Group Pres., US and Canada
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 13,518 | $0.00 | -- |
| holding | Class A Common - Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 24,518 shares (Direct);
Class A Common - Restricted Stock Units — 7,529 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did William P. Brown report at Marriott (MAR)?
William P. Brown reported acquiring 13,518 Marriott Class A common shares at $0.0000 per share. The shares were earned from performance-based units granted in February 2023, vesting after performance goals were certified and employment conditions were met on February 11, 2026.
Was the Marriott (MAR) insider transaction an open-market purchase or a grant?
The transaction was a grant or award, not an open-market purchase. Brown acquired 13,518 shares at a price of $0.0000 per share as earned performance-based equity, issued under Marriott’s Stock and Cash Incentive Plan after performance certification.
What role does William P. Brown hold at Marriott (MAR) in this Form 4?
In this filing, William P. Brown is identified as an officer of Marriott, serving as Group President, US and Canada. The reported equity award reflects compensation tied to his executive role and performance under Marriott’s long-term incentive plan.
How were the performance-based units for Marriott (MAR) granted to Brown originally structured?
The units were granted on February 16, 2023 under Marriott’s Stock and Cash Incentive Plan. Shares were earned based on achieving certain performance objectives plus continued employment, ultimately resulting in 13,518 shares that fully vested on February 11, 2026 after committee certification.