Marriott David S 4
Research Summary
AI-generated summary
Marriott (MAR) 10% Owner David S. Marriott Sells 4,747 Shares
What Happened
- David S. Marriott, reported as a 10% owner of Marriott International (MAR), sold 4,747 shares in an open-market/private sale on February 17, 2026. The weighted-average sale price was $360.00, producing proceeds of approximately $1,708,933. The filing was submitted on February 18, 2026.
Key Details
- Transaction type: Sale (Code S)
- Transaction date: 2026-02-17; Form 4 filed: 2026-02-18
- Shares sold: 4,747 at a weighted-average price of $360.00; total proceeds ≈ $1,708,933
- Price range (footnote): highest sale $360.05, lowest sale $360.00
- Shares owned after transaction: Not disclosed in the provided filing
- Footnote on ownership: Reporting person disclaims beneficial ownership except to the extent of pecuniary interest
- Timeliness: Filing appears timely (filed the day after the transaction)
Context
- Sales by large holders (10% owners) can be routine (liquidity, diversification, tax planning) and do not necessarily signal a change in company outlook. This report documents a disposal of shares rather than a purchase, so it is generally less informative about insider bullishness.