Hyatt Hotels insider 1902 Capital reports 9.47M Class B shares
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.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Common Stock | -- | -- | -- |
Footnotes (1)
- F1. As provided in the Issuer's Amended and Restated Certificate of Incorporation, 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. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers described in the Issuer's Amended and Restated Certificate of Incorporation.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.