Roe Peggy 4
Research Summary
AI-generated summary
Marriott (MAR) EVP Peggy Roe Receives 6,760-Share Award
What Happened
Peggy Roe, Executive Vice President & Chief Customer Officer of Marriott International (MAR), was issued 6,760 shares on February 11, 2026. The filing reports this as an award/acquisition (transaction code A) with an acquisition price of $0 — these were shares earned when performance-based units granted in 2023 vested and were converted into common stock.
Key Details
- Transaction date: February 11, 2026 (reported on Form 4 filed February 13, 2026) — appears to be filed on time.
- Transaction type/code: Award/Acquisition (A).
- Shares issued: 6,760 shares; acquisition price reported as $0 (shares issued upon vesting).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: These shares were earned under performance-based units granted Feb 16, 2023 and fully vested Feb 11, 2026 following certification by Marriott’s compensation committee.
- No tax-withholding or sale details were reported in the provided data.
Context
This was a compensation-related vesting event (performance-based units converting into shares), not an open-market buy or a sale. Such awards reflect previously granted incentive compensation and do not by themselves indicate insider buying or selling sentiment.