Reid Grant 4

What Happened

• Reid Grant, a director of Marriott International (MAR), was granted 670 shares reported as an award (transaction code A) on 2026-05-11. The filing reports an acquisition price of $0.00 per share (awarded shares issued as compensation). The filing does not list a post-transaction total ownership amount.

Key Details

• Transaction date and price: 2026-05-11, 670 shares at $0.00 per share (award/grant).
• Shares owned after transaction: not specified in the filing.
• Vesting/distribution: per footnote, shares vest on a daily pro‑rata basis over the 12‑month period following the grant and will be distributed following termination of Board service.
• Filing timeliness: Form 4 was filed 2026-05-13 for the 2026-05-11 grant — appears to be filed within the usual two-business-day window.
• Transaction type: Compensation award (A), likely a restricted stock/RSU style director grant.

Context

• This was a compensation award to a director, not an open‑market purchase or sale. Such awards are routine for board pay and reflect compensation rather than an immediate cash investment or divestment signal. The daily pro‑rata vesting over 12 months and distribution upon leaving the Board mean Grant will not receive the full shares immediately.