MARRIOTT J W JR 4
Research Summary
AI-generated summary
Marriott (MAR) 10% Owner J.W. Marriott Jr. Gifts 2,340 Shares
What Happened J.W. Marriott Jr., reported as a 10% owner of Marriott International (MAR), made a gift (disposition) of 2,340 shares on May 8, 2026. The transaction is recorded as a gift (transaction code G) at $0.00 per share, resulting in $0 in proceeds. Gifts are disposals and do not represent an open-market sale or a purchase.
Key Details
- Transaction date: 2026-05-08 (reported on Form 4 filed 2026-05-12).
- Transaction type/code: Gift (G) — 2,340 shares disposed at $0.00 per share (total $0).
- Shares owned after transaction: Not specified in the provided filing excerpt. Check the full Form 4 for ownership totals.
- Footnote: F1 — the reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.
- Timeliness: Filed May 12, 2026 — within the SEC’s 2-business-day Form 4 filing requirement for a May 8 transaction (timely).
Context Gifts are typically personal or estate-planning transfers and do not necessarily indicate the insider’s view on the company’s shares. As a 10% owner, J.W. Marriott Jr. is a large shareholder rather than necessarily an executive trading for investment reasons; the footnote indicates he disclaims beneficial ownership except for any pecuniary interest. For complete details (e.g., remaining holdings or recipient info), consult the full Form 4 filing.