Reiss Rena Hozore 4
Research Summary
AI-generated summary
Marriott (MAR) EVP Rena Hozore Receives 11,266 Shares
What Happened
- Rena Hozore, EVP and General Counsel of Marriott International (MAR), acquired 11,266 shares on February 11, 2026. The shares were issued at $0.00 as the result of performance-based units vesting; the reporting Form 4 was filed Feb 13, 2026.
- The filing shows the shares were earned under performance-based units granted February 16, 2023 and fully vested following certification by Marriott’s compensation committee. The insider paid no cash for the shares (acquisition price $0.00); the market value at vesting is not stated in the filing.
Key Details
- Transaction date and type: 2026-02-11 — Award/Grant (vesting of performance-based units).
- Shares acquired: 11,266; acquisition price reported: $0.00.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notable footnote: Shares were earned based on performance objectives and continued employment tied to PSU awards granted 2/16/2023 and certified vested 2/11/2026.
- Filing timeliness: Report filed 2026-02-13 for a 2026-02-11 transaction — appears timely (within required Form 4 reporting window).
Context
- This is an award/vesting event (not an open-market purchase or sale). Such issuances reflect compensation realization rather than a direct insider market bet.
- The transaction does not, by itself, indicate insider buying or selling sentiment; purchases (cash buys) are generally more indicative of a bullish signal to investors. Tax withholding or net-share settlement (if any) is not detailed in the provided filing.