Rajeev Menon - 18 Feb 2026 Form 4 Insider Report for MARRIOTT INTERNATIONAL INC /MD/ (MAR)

Role: President, APEC
Signature: Andrew P.C. Wright, Attorney-in-Fact
Issuer symbol: MAR
Transactions as of: 18 Feb 2026
Net transactions value: -$5,293,276
Form type: 4
Filing time: 19 Feb 2026, 20:13:56 UTC
Previous filing: 18 Feb 2026
Next filing: 20 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Menon Rajeev	President, APEC	7750 WISCONSIN AVENUE, BETHESDA	Andrew P.C. Wright, Attorney-in-Fact	19 Feb 2026	0001968275

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MAR	Class A Common Stock	Options Exercise	$886,330	+4,992	+40%	$177.55	17,325	18 Feb 2026	Direct
transaction	MAR	Class A Common Stock	Options Exercise	$548,923	+2,298	+13%	$238.87	19,623	18 Feb 2026	Direct
transaction	MAR	Class A Common Stock	Options Exercise	$355,657	+1,240	+6.3%	$286.82	20,863	18 Feb 2026	Direct
transaction	MAR	Class A Common Stock	Tax liability	$355,890	-1,002	-4.8%	$355.18	19,861	18 Feb 2026	Direct	F1
transaction	MAR	Class A Common Stock	Tax liability	$549,230	-1,548	-7.8%	$354.80	18,313	18 Feb 2026	Direct	F2
transaction	MAR	Class A Common Stock	Tax liability	$886,400	-2,488	-14%	$356.27	15,825	18 Feb 2026	Direct	F3
transaction	MAR	Class A Common Stock	Sale	$2,258,412	-6,333	-40%	$356.61	9,492	18 Feb 2026	Direct
holding	MAR	Class A Common - Restricted Stock Units						2,456	18 Feb 2026	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MAR	Stock Appreciation Rights	Options Exercise	$440,423	-1,240	-33%	$355.18	2,480	18 Feb 2026	Class A Common Stock	1,240	$286.82	Direct	F4
transaction	MAR	Stock Appreciation Rights	Options Exercise	$815,330	-2,298	-67%	$354.80	1,149	18 Feb 2026	Class A Common Stock	2,298	$238.87	Direct	F5
transaction	MAR	Stock Appreciation Rights	Options Exercise	$1,778,500	-4,992	-100%	$356.27	0	18 Feb 2026	Class A Common Stock	4,992	$177.55	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person received a net of 238 shares of common stock upon the exercise of 1,240 Stock Appreciation Rights ("SARs"). A total of 1,002 shares of common stock underlying such SARs were withheld in payment of the exercise price.
F2	The Reporting Person received a net of 750 shares of common stock upon the exercise of 2,298 Stock Appreciation Rights ("SARs"). A total of 1,548 shares of common stock underlying such SARs were withheld in payment of the exercise price.
F3	The Reporting Person received a net of 2,504 shares of common stock upon the exercise of 4,992 Stock Appreciation Rights ("SARs"). A total of 2,488 shares of common stock underlying such SARs were withheld in payment of the exercise price.
F4	Stock Appreciation Rights granted on 2/14/2025 that vest in three equal installments beginning on February 15, 2026 and thereafter on the anniversary of that date.
F5	Stock Appreciation Rights granted on 2/15/2024 that vest in three equal installments beginning on February 15, 2025 and thereafter on the anniversary of that date.
F6	Stock Appreciation Rights granted on 2/16/2023 that vest in three equal installments beginning on February 15, 2024 and thereafter on the anniversary of that date.