MARRIOTT J W JR 4
Research Summary
AI-generated summary
Marriott (MAR) 10% Owner J.W. Marriott Jr. Gifts 17,500 Shares
What Happened
- J.W. Marriott Jr., reported as a 10% owner of Marriott International (MAR), made a gift of 17,500 common shares on June 10, 2026. The Form 4 reports the disposition as a gift (transaction code G) with $0 cash proceeds.
Key Details
- Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (filed within the typical 2-business-day window).
- Shares involved: 17,500 shares disposed by gift; price reported as $0.00 since this was a non‑cash transfer.
- Shares owned after the transaction: not specified in the filing.
- Footnote: The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest (Footnote F1).
- No 10b5-1 plan, tax-withholding, or other special reporting notes were disclosed.
Context
- Gifts are typically transfers for estate planning or personal reasons and do not necessarily signal a view on the company’s stock price. As a 10% owner (not a routine executive open-market trade), this is an ownership-level transfer rather than a market sale.