Hill David Shawn 4
Research Summary
AI-generated summary
Marriott (MAR) EVP David Hill Withholds 382 Shares for Taxes
What Happened David Shawn Hill, Executive Vice President & Chief Development Officer of Marriott International (MAR), had 382 shares withheld by the company on 2026-03-16 to cover taxes associated with the vesting of restricted stock units (RSUs). The withholding price reported was $320.11 per share, a total value of approximately $122,282. This transaction is reported as a disposal (code F) for tax-withholding purposes and is a routine administrative event rather than an open-market sale.
Key Details
- Transaction date and price: 2026-03-16 at $320.11 per share.
- Shares withheld/disposed: 382 shares; total value ≈ $122,282.
- Transaction code: F (shares withheld to cover tax liability on vested RSUs).
- Footnote: Shares were withheld by the company to cover taxes associated with RSU vesting.
- Filing: Form 4 filed 2026-03-18 — appears to be timely (within the standard 2-business-day window).
- Shares owned after transaction: Not disclosed on the provided Form 4.
Context This was a tax-withholding event tied to RSU vesting (a common administrative disposition), not an open-market sale that would indicate a directional bet. For retail investors, such withholdings are routine and typically do not signal management’s view on the company’s prospects.