Marriott (MAR) Director Deborah Marriott Transfers 2,000,000 Shares

What Happened
Deborah Harrison Marriott, a director of Marriott International (MAR) and a member of a Section 13(d) group, reported a disposition on 2026-09-08 of 2,000,000 common shares. The reported transaction shows a $0.00 per-share price (total reported value $0) because the shares were transferred as a capital distribution rather than sold for cash.

Key Details

• Transaction date: 2026-09-08 (reported on Form 4 filed 2026-09-10). Filing appears timely (within the usual two-business-day window).
• Transaction type/code: Other acquisition or disposition (code J) — recorded as a disposition/transfer.
• Shares transferred: 2,000,000; reported price: $0.00; reported total value: $0.
• Post-transaction ownership: Not specified in the provided filing.
• Footnotes: (1) The shares were transferred as a capital distribution to Mr. J.W. Marriott, Jr.; JWM Family Enterprises, Inc. received no consideration and the transfer was exempt as to the transferee under Rule 16a-13. (2) The reporting person disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest.

Context
This was a non‑cash internal transfer (capital distribution) to a family member/entity, not an open‑market sale. Such transfers typically reflect estate, tax or family‑ownership planning and are not direct indicators of the insider’s view of the company’s near‑term prospects. The Rule 16a‑13 exemption and the disclaimer of beneficial ownership are common in intra-family transfers.