Mao Yibing 4

What Happened
Mao Yibing, President Greater China for Marriott International (MAR), was reported as acquiring 4,712 shares on 2026-02-11. The Form 4 lists the transaction as an award/acquisition (code A) at $0.00 consideration (total $0), reflecting the vesting/conversion of previously granted performance-based units rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-11; filing date: 2026-02-13 (filed within the typical 2-business-day Form 4 window).
• Shares acquired: 4,712; reported price/consideration: $0.00 (Form 4 shows $0).
• Footnote: These shares were earned under performance-based units granted on February 16, 2023 under Marriott’s Stock and Cash Incentive Plan and fully vested on Feb 11, 2026 after certification by the issuer’s compensation committee.
• Shares owned after transaction: Not disclosed in this filing.
• Transaction code: A (award/acquisition), not a purchase (P) or sale (S).

Context
This was the conversion/vesting of performance-based awards (not a market buy or sale). Such awards are routine compensation for executives and reflect achievement of plan performance goals and continued employment; they do not by themselves signal an insider buying or selling stock in the open market.