Brown William P 4

What Happened

• William P. Brown, Group President, US & Canada of Marriott International (MAR), was issued 13,518 shares as an award (transaction code A) that he acquired on February 11, 2026. The filing reports a $0 acquisition price because these shares were delivered upon vesting of previously granted performance-based units.

Key Details

• Transaction date: 2026-02-11; filing date: 2026-02-13 (filed within the Form 4 two-business-day window).
• Price reported: $0.00 per share; total reported cash price = $0 (shares issued on vesting).
• Shares received: 13,518 shares (from performance-based units granted Feb 16, 2023).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: These shares were earned based on attainment of performance objectives and continued employment; they fully vested following certification by Marriott’s compensation committee (see F1).
• No sale, open-market purchase, tax-withholding sale, or 10b5-1 plan is reported in this Form 4.

Context

• This was an award vesting event (not an open-market buy or sale). The shares resulted from performance-based units granted in 2023 and vested after performance certification, so the filing reflects compensation-related delivery of stock rather than a discretionary purchase or sale by the insider. Such awards are common for executives and do not necessarily signal a change in insider sentiment.