AI English summary of an SEC filing — figures as filed
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.
Key points
AI summaryMarriott 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.
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.
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.
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-writtenAnalysis 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.
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