Oberg Kathleen K. 4
Research Summary
AI-generated summary
Marriott (MAR) CFO Kathleen Oberg Receives Award of 19,150 Shares
What Happened
- Kathleen K. Oberg, Executive Vice President & Chief Financial Officer of Marriott International (MAR), was reported to have acquired 19,150 shares on February 11, 2026. The Form 4 lists the acquisition price as $0 because these shares were issued upon vesting of previously granted performance-based units. The Form 4 was filed on February 13, 2026.
Key Details
- Transaction date: 2026-02-11; Form 4 filed: 2026-02-13 (appears timely under Form 4 rules).
- Transaction code: A (award/grant/acquisition).
- Shares acquired: 19,150; reported acquisition price: $0 (reflects issuance on vesting, not an open-market purchase).
- Shares owned after the transaction: not specified in the filing.
- 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 following certification by Marriott’s compensation committee on February 11, 2026.
- No tax withholding, sale, or 10b5-1 plan referenced in the filing.
Context
- This was a vesting of performance-based compensation, not a market purchase or sale. Such awards reflect compensation delivery tied to past performance and continued employment; they do not by themselves indicate an insider’s current market view. If you want an estimated dollar value, compare the number of shares to Marriott’s market price on or after the vesting date.