Marriott (MAR) EVP Hill has 560 RSU shares withheld to cover tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marriott International EVP David Shawn Hill reported a Form 4 transaction reflecting tax-related share withholding. On the vesting of restricted stock units, 560 Class A common shares were withheld by the company at $358.30 per share to cover associated taxes. Following this tax-withholding disposition, Hill directly holds 5,214 Class A common RSU-linked shares and 1,910 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hill David Shawn
Role
EVP & Chf. Development Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common - Restricted Stock Units | 560 | $358.30 | $201K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common - Restricted Stock Units — 5,214 shares (Direct);
Class A Common Stock — 1,910 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did MAR EVP David Shawn Hill report on this Form 4?
David Shawn Hill reported a tax-related share withholding tied to vesting RSUs. The company withheld 560 Class A common shares at $358.30 per share to satisfy tax obligations, rather than an open-market sale or purchase of Marriott International (MAR) stock.
What is David Shawn Hill’s direct Class A common stock holding in Marriott (MAR)?
The Form 4 indicates a direct holding of 1,910 shares of Marriott International Class A common stock. This position is reported separately from the 5,214 shares tied to restricted stock units and reflects his straightforward stock ownership following the reported RSU vesting event.
What does transaction code F mean in David Shawn Hill’s Marriott Form 4?
Transaction code F indicates payment of a tax liability using shares rather than cash. In this case, Marriott withheld 560 Class A common shares from David Shawn Hill’s vesting RSUs to satisfy taxes, an automatic administrative step rather than a market sale transaction.