Thursday, January 2, 2020

Marriott execs, family members sell millions in stock to close out 2019

Marriott International Inc. (NASDAQ: MAR) CEO Arne Sorenson and other company executives spent December selling millions in stock after the hospitality giant’s share price rose consistently since October. Sorenson, who underwent surgery to treat his pancreatic cancer in November, sold 47,824 shares of stock at $142.26 a share, raking in more than $6.8 million, according to a Dec. 12 U.S. Securities and Exchange Commission filing. Executive Chairman and Chairman of the Board Bill Marriott brought…



from https://www.bizjournals.com/baltimore/news/2020/01/02/marriott-execs-family-members-sell-millions-in.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/190022559362

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