Marriott director Grant Reid receives 670-share award
Marriott International director Grant Reid received a stock award under a director deferred stock compensation plan.
Rhea-AI Filing Summary
Marriott International director Grant Reid received a stock award under a director deferred stock compensation plan. On the reported date, he acquired 670 shares of Class A common stock at a stated price of $0.00 per share as a grant, not an open-market purchase.
After this award, Reid directly holds 3,518 shares of Marriott Class A common stock. According to the disclosure, the granted shares will vest on a daily pro-rata basis over the twelve-month period following the grant and will be distributed after his service as a Board member ends.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock-Dir. Def. Stock Comp Plan-1 | 670 | $0.00 | $0.00 |
Footnotes (1)
- F1. The shares will vest on a daily pro-rata basis over the twelve (12) month period following the grant and be distributed following termination of service as a Board member.
Key Figures
Key Terms
Director Deferred Stock Compensation Plan financial
vest on a daily pro-rata basis financial
distributed following termination of service financial
Grant, award, or other acquisition financial
FAQ
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