Marriott exec reports tax withholding of shares
Marriott International executive reports tax-related share withholding.
Rhea-AI Filing Summary
Marriott International executive reports tax-related share withholding. Mao Yibing, President, Greater China, reported dispositions on Class A Common tied to equity awards, described as tax-withholding transactions rather than open-market sales.
The company withheld 527 shares of Class A Common underlying restricted stock units and 1,611 shares of Class A Common Stock at $358.30 per share to cover taxes associated with vesting of RSUs and PSUs, according to the footnotes. After these entries, direct holdings were reported as 2,285 Class A Common restricted stock units, 32,214 Class A Common shares, and 156 Class A Common shares from a deferred stock bonus award.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common - Restricted Stock Units | 527 | $358.30 | $189K |
| Exercise Price or Tax Liability | Class A Common Stock | 1,611 | $358.30 | $577K |
| holding | Class A Common Stock - Deferred Stock Bonus Award | -- | -- | -- |
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
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What did Mao Yibing report in the latest Form 4 for MAR?
Were the Marriott insider transactions open-market sales or tax withholdings?
What transaction code was used in Mao Yibing’s Marriott Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.