$1.5M of MAR sold by Marriott J W Jr (Director Chairman & Ceo) on 23/12/2011
BETHESDA, MD — Marriott J W Jr sold 50,000 shares of Marriott International Inc /md/ stock, or $1,487,500 worth, as noted in an SEC Filing today. After the transaction, Marriott J W Jr's stake was reported as 1,526,184 shares of Marriott International Inc /md/ stock (a 3% decrease from before the transaction took place). In addition, Marriott J W Jr performed several other transactions, including using transaction codes 'M' (exercise, usually of options). Marriott J W Jr's title was listed as "Director Chairman & CEO" at Marriott International Inc /md/ within the filing.
As noted on December 27, 2011, Marriott J W Jr's sale was done directly over 1 transaction on December 23, 2011. The share price for the transaction was $29.75 according to the regulatory filing detailing the trade.
If we look over the past 12 months, Marriott J W Jr has sold a total of 1,235,994 shares of Marriott International Inc /md/, proceeds from the sale totaled $36,481,199. Over the same time period, Marriott J W Jr has purchased no shares of Marriott International Inc /md/ stock. Marriott J W Jr has also performed other transactions including grants or awards , payment of tax liabilites , gifts , and exercise of options .
Let's take a quick, high-level look at insider trading at Marriott International Inc /md/ over the past 12 months. A total of 1,460,250 shares of Marriott International Inc /md/ stock was sold by insiders, totaling $43,966,586. Over the same time 12 month time period, 4,275 shares of Marriott International Inc /md/, for a total value of $151,177 were purchased by company insiders.
In addition to Marriott J W Jr's role with Marriott International Inc /md/, Marriott J W Jr has affiliations with 1 other company. Marriott J W Jr's affiliations include Marriott International Inc /md/, Marriott Vacations Worldwide Corp .
To view the complete SEC Filing: Marriott International Inc /md/ 4 (Insider Trading) SEC Filing
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View the complete filing
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Jason Zucchetto jason@marketbrief.com
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