Mao Yibing 4
Research Summary
AI-generated summary
Marriott (MAR) Pres. Greater China Mao Yibing Withholds Shares for Taxes
What Happened
Mao Yibing, President, Greater China for Marriott International (MAR), had a total of 2,138 shares withheld by the company on Feb 17, 2026 to cover tax liabilities tied to equity vesting. The withholding consisted of 527 shares at $358.30 each (value $188,824) and 1,611 shares at $358.30 each (value $577,221), for a combined value of approximately $766,045. This was a tax-withholding disposition (routine), not an open-market sale.
Key Details
- Transaction date: 2026-02-17; Filing date: 2026-02-19 (Form 4 filed timely).
- Prices and amounts: 527 shares @ $358.30 = $188,824; 1,611 shares @ $358.30 = $577,221; total 2,138 shares ≈ $766,045.
- Transaction code: F — payment of exercise price or tax liability via share withholding.
- Footnotes: F1 = shares withheld to cover taxes for vested RSUs; F2 = shares withheld to cover taxes for vested PSUs.
- Shares owned after transaction: not reported in the excerpt provided.
Context
Share withholding to cover taxes is a common, administrative action when restricted stock units (RSUs) or performance stock units (PSUs) vest. It reduces the insider’s outstanding shares but is generally considered routine and not a direct signal of bullish or bearish sentiment.