Hyatt Hotels (H) holder 1902 Capital files Form 3 for 9.47M Class B
Rhea-AI Filing Summary
1902 Capital, LLC filed an initial insider ownership report for Hyatt Hotels Corp. The filing shows beneficial ownership of 9,474,171 shares of Class B Common Stock, held directly. Each Class B share is convertible at any time, at the holder’s option, into one share of Class A Common Stock, and also converts automatically into Class A upon most transfers, subject to certain permitted transfers described in Hyatt’s Amended and Restated Certificate of Incorporation. The filing notes that 1902 Capital is part of a 10% owner group and disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Common Stock | -- | -- | -- |
Footnotes (1)
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FAQ
What does Hyatt Hotels Corp (H) Form 3 filed by 1902 Capital, LLC report?
The Form 3 reports that 1902 Capital, LLC beneficially owns 9,474,171 shares of Hyatt Hotels Corp Class B Common Stock, held directly.
Who is the reporting person in the Hyatt (H) insider ownership filing?
The reporting person is 1902 Capital, LLC, which is identified as a 10% owner with an additional status noted as “See Remarks.”
How is Hyatt Hotels Class B Common Stock treated in this Form 3?
Each share of Class B Common Stock is convertible at any time, at the option of the holder, into one share of Class A Common Stock. It also converts automatically into one Class A share upon most transfers, except certain permitted transfers.