Hill David Shawn 4

What Happened David Shawn Hill, EVP & Chief Development Officer of Marriott International (MAR), was granted equity awards on February 13, 2026. The filing shows 846 restricted stock units (RSUs) valued at $354.63 each (total ≈ $300,017) and 2,430 Stock Appreciation Rights (SARs) shown at $0 (a derivative award). These were reported as awards/grants (transaction code A) — not open-market purchases or sales.

Key Details

• Transaction date: 2026-02-13; Form 4 filed 2026-02-18 (filing appears timely given the holiday/weekend calendar).
• RSUs: 846 shares @ $354.63 each; total value reported $300,017.
• SARs: 2,430 units, reported at $0 (derivative award settled in stock per footnote).
• Vesting: RSUs vest in three equal annual installments beginning Feb 15, 2027 (F1). SARs vest in three equal installments beginning Feb 15, 2027 and are settled in Class A common stock (F2).
• Ownership after transaction: Not provided in the information supplied.
• No 10b5-1 plan, tax-withholding, or sale information was included in the provided details.

Context RSUs convert to shares only as they vest and are typical long-term compensation; SARs are derivative awards that pay based on stock appreciation and are settled in stock per the filing. Grants are routine corporate compensation and do not represent an immediate buy or sell in the open market.