Marriott Director David S. Marriott Sells $1.23M in Shares via Trust
MARRIOTT INTERNATIONAL INC /MD/
Subscribe to track MAR
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
# SEC Form 4: MARRIOTT INTERNATIONAL INC /MD/ ($MAR)
**Reporting Person:** David S. Marriott (Director, 10% Owner Group)
**Filing Date:** 2026-09-29 | **Transaction Date:** 2026-09-25
### Transaction Summary
- **Action:** Open Market Sale (Code S)
- **Shares Sold:** 3,500
- **Execution Price:** $352.0895
- **Total Transaction Value:** $1,232,313.25
- **Ownership Form:** Indirect (By Trust)
- **Post-Transaction Indirect Shares in Trust:** 282,383
### Impact Assessment
- **Significance:** Low
- **Context:** The sale represents a minor portion of David S. Marriott's aggregate indirect and direct holdings, which total over 22 million shares across various family entities and trusts.
Comprehensive Analysis
Overview of Filing
On September 29, 2026, David S. Marriott, a Director and member of a 13D Group owning more than 10% of Marriott International Inc. ($MAR), filed a Form 4 detailing an indirect open-market sale of Class A Common Stock.
Transaction Details
- Security: Class A Common Stock
- Transaction Date: September 25, 2026
- Transaction Type: Open-market sale (Code 'S')
- Shares Transacted: 3,500 shares
- Average Price: $352.0895 per share
- Total Consideration: $1,232,313.25
- Ownership Type: Indirect (Held by Trust)
- Remaining Trust Balance: 282,383 shares
Overall Ownership Context
David S. Marriott retains significant direct and indirect equity exposure to Marriott International:
- Direct Holdings: 591,721 shares of Class A Common Stock, plus 1,224 shares held through the Director Deferred Stock Compensation Plan.
- Indirect Holdings: Over 22 million shares held across diverse family entities and trusts, including 20,027,118 shares via JWM Family Enterprises and hundreds of thousands of shares in multiple generation and family trusts.
Market Significance
This transaction is assessed as Low significance. While the gross value exceeds $1.2 million, disposing of 3,500 shares represents a negligible fraction (under 0.02%) of the reporting owner's total beneficial interest in the company.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.