Marriott (MAR) President EMEA Neal Jones Withholds 107 Shares for Taxes
$MAR · MARRIOTT INTERNATIONAL INC /MD/Research Summary
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Marriott (MAR) President EMEA Neal Jones Withholds 107 Shares for Taxes
What Happened Neal Jones, President, EMEA for Marriott International (MAR), had 107 shares withheld by the company on 2026-08-17 to cover taxes associated with vesting restricted stock units (RSUs). The shares are reported at $355.49 each, for a total disposition value of $38,037. This was a tax-withholding/cashless settlement of vested awards, not an open-market sale.
Key Details
- Transaction date and price: 2026-08-17; 107 shares at $355.49 each (total $38,037).
- Transaction code: F — shares withheld to cover tax liability on vested RSUs.
- Shares owned after transaction: Not stated in the provided filing excerpt.
- Filing: Form 4 filed 2026-08-19 (no late filing indicated in the data).
- Footnote: F1 — "Shares withheld by the Company to cover taxes associated with vesting of RSUs."
Context Tax withholding of vested RSUs is a routine administrative disposition: the company retains shares to satisfy the insider’s tax obligation rather than the insider selling shares on the open market. Such withholdings are common and generally do not signal a change in insider sentiment the way open-market purchases or selling for diversification might.