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Marriott International logoMarriott International MAR

Marriott said the Marriott Retirement Savings Plan (RSP) is moving to a new plan recordkeeper and that all transactions in the RSP will be suspended during the blackout period to facilitate the transition.

8-KTemporary Suspension of Trading Under Registrant's Employee Benefit PlansFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Marriott said the Marriott Retirement Savings Plan (RSP) is moving to a new plan recordkeeper and that all transactions in the RSP will be suspended during the blackout period to facilitate the transition.

  2. The company said the blackout period is expected to begin at 4 p.m. Eastern time on September 25, 2024 and is expected to end by October 18, 2024.

  3. The company said that during the blackout period, RSP participants will be unable to change their investments or contribution rates or take a loan or distribution from their accounts, including for Common Stock held in the Company Stock Fund.

  4. The company said that during the blackout period, its directors and executive officers, subject to limited exceptions, will not be able to directly or indirectly buy, sell, acquire or transfer Common Stock (including derivatives) acquired in connection with their service or employment.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Suspension of Transactions Tied to RSP Recordkeeper Transition

Marriott said the Marriott Retirement Savings Plan (RSP) is moving to a new plan recordkeeper and that all transactions in the RSP will be suspended during the blackout period to facilitate the transition.

Source · Based on the filing body and exhibits

Expected Blackout Period Timing

The company said the blackout period is expected to begin at 4 p.m. Eastern time on September 25, 2024 and is expected to end by October 18, 2024.

Source · Based on the filing body and exhibits

Restrictions Applying to RSP Participants

The company said that during the blackout period, RSP participants will be unable to change their investments or contribution rates or take a loan or distribution from their accounts, including for Common Stock held in the Company Stock Fund.

Source · Based on the filing body and exhibits

Trading Prohibition for Directors and Executive Officers

The company said that during the blackout period, its directors and executive officers, subject to limited exceptions, will not be able to directly or indirectly buy, sell, acquire or transfer Common Stock (including derivatives) acquired in connection with their service or employment.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.