Menon Rajeev 4
Research Summary
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Marriott (MAR) President APEC Rajeev Menon Receives 4,506-Share Award
What Happened
- Rajeev Menon, President, APEC for Marriott International (MAR), was credited with 4,506 shares on February 11, 2026. The Form 4 reports the shares as an award/acquisition at $0.00 per share (no cash paid).
- This was the vesting/settlement of previously granted performance-based units rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-11; Form 4 filed: 2026-02-13.
- Transaction code: A (Award/Grant/Other Acquisition); reported price: $0.00; reported cash value on the form: $0.
- Shares received: 4,506. Shares owned after the transaction: not specified in the provided filing details.
- Footnote: These shares were earned under performance-based units granted on February 16, 2023 under the Marriott Stock and Cash Incentive Plan and fully vested on February 11, 2026 after compensation committee certification.
- Filing appears to have been submitted within the normal Section 16 reporting window (not flagged as late).
Context
- This is a compensation-related vesting event (performance units settling into shares), common for executives; it does not represent an open-market buy or sell and should be interpreted as routine compensation rather than a direct signal of trading intent.
- If tax withholding or a sale to cover taxes occurred, that would typically appear as a separate transaction on the Form 4 or in subsequent filings.