$12.8M of MAR sold by Arne Sorenson on 01/28/2013

Sorenson Arne M sold 320,000 shares of Marriott International Inc /md/ stock, or $12,800,000 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on January 28, 2013.

After the transaction, Sorenson Arne M's stake was reported as 350,606 shares of Marriott International Inc /md/ stock. In addition, Sorenson Arne M performed several other transactions, including using transaction codes 'M' (exercise, usually of options).

As noted on January 30, 2013, Sorenson Arne M's sale was done directly over 1 transaction on January 28, 2013. The share price for the transaction was $40 according to the regulatory filing detailing the trade.

If we look over the past 12 months, Sorenson Arne M has sold a total of 320,000 shares of Marriott International Inc /md/, proceeds from the sale totaled $12,800,000. Over the same time period, Sorenson Arne M has purchased no shares of Marriott International Inc /md/ stock. Sorenson Arne M has also performed other transactions including 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 4,864,705 shares of Marriott International Inc /md/ stock was sold by insiders, totaling $179,882,095. Over the same time 12 month time period, no shares of Marriott International Inc /md/ were purchased by company insiders.

To view the complete SEC Filing: Marriott International Inc /md/ Form 4 (Insider Trading) SEC Filing