Breland Benjamin T. 4

What Happened
Benjamin T. Breland, CHRO and EVP, Global Operations Services at Marriott International (MAR), disposed of a total of 9,553 shares across transactions tied to vesting tax withholding and an open-market sale. On 2026-02-17 the company withheld 1,861 shares (RSUs) and 5,692 shares (PSUs) to cover taxes at $358.30 per share (proceeds recorded as $666,796 and $2,039,444, respectively). On 2026-02-18 he sold 2,000 shares in the open market at $358.03 for $716,060. Aggregate proceeds across the three dispositions are about $3,422,300. These actions are disposals (sales) rather than purchases.

Key Details

• Transaction dates and prices:
  • 2026-02-17: 1,861 shares withheld for taxes (RSUs) @ $358.30 — $666,796 (F)
  • 2026-02-17: 5,692 shares withheld for taxes (PSUs) @ $358.30 — $2,039,444 (F)
  • 2026-02-18: Open-market sale of 2,000 shares @ $358.03 — $716,060 (S)
• Total shares disposed: 9,553; total value ≈ $3,422,300.
• Shares owned after the transactions: not specified in this Form 4 filing.
• Footnotes: F1 = shares withheld to cover taxes on vested RSUs; F2 = shares withheld to cover taxes on vested PSUs.
• Filing: Report filed 2026-02-19 for transactions on 2026-02-17–02-18; this appears to be filed timely.

Context

• The two 2/17 transactions are company tax-withholdings tied to equity vesting (routine disposals to satisfy tax obligations), not discretionary open-market sales. The 2/18 transaction was an open-market sale of 2,000 shares.
• For retail investors: tax-withholding disposals are common and typically do not signal insider sentiment. The single open-market sale is a small portion of the total and likewise may be routine. No options exercises, gifts, or 10% owner transactions are reported here.