LEWIS AYLWIN B 4
Research Summary
AI-generated summary
Marriott (MAR) Director Aylwin B. Lewis Receives 670-Share Award
What Happened
Aylwin B. Lewis, a director of Marriott International (MAR), was granted 670 shares on 2026-05-11. The Form 4 reports the acquisition price as $0.00 (award/grant). This is a compensation award to a board member rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-11; reported on Form 4 filed 2026-05-13.
- Transaction type/code: Award/Grant (A); 670 shares acquired at $0.00.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Footnote: The shares vest on a daily pro‑rata basis over the 12‑month period following the grant and will be distributed in four annual installments following termination of board service (see F1).
- Filing timeliness: Filed two days after the transaction date (appears timely under Form 4 rules).
Context
This award is part of director compensation and not an open-market trade, so it should be viewed as routine remuneration rather than a direct signal of buying or selling interest. The vesting and post‑service distribution schedule means the economic benefit is tied to continued service and deferral provisions.