[Form 4] Hyatt Hotels Corp Insider Trading Activity

Rhea-AI Filing Summary

Jason Pritzker, a director and reported 10% owner of Hyatt Hotels Corporation (H), was issued 178 restricted stock units (RSUs) on 09/15/2025. Each RSU represents the contingent right to one share of Class A Common Stock and the RSUs are fully vested. The filing reports 31,544 shares of Class A Common Stock beneficially owned by the reporting person following the transaction. The RSUs have a reported price of $0 and will be settled in Class A Common Stock upon the termination of Mr. Pritzker's service as a director. The Form 4 was signed by Margaret C. Egan as attorney-in-fact on 09/16/2025.

Positive

• 178 RSUs fully vested under Hyatt's long-term incentive and director compensation plans
• RSUs settle in Class A Common Stock, aligning director compensation with shareholder equity
• No cash consideration required ($0 price) for these RSUs as disclosed in the filing

Negative

• None.

Insights

Financial Analyst

TL;DR: Modest insider compensation event: 178 vested RSUs increase reported ownership to 31,544 shares; no cash paid.

The transaction is compensation-related, not a market purchase or sale, and shows the issuance and vesting of 178 RSUs granted under Hyatt's long-term incentive and director compensation plans. Because the RSUs are fully vested and payable only upon director service termination, the economic impact is deferred. The reported ownership figure (31,544 shares) provides a snapshot of total exposure but does not indicate any immediate share issuance to the market. Impact to shareholders is likely immaterial in isolation.

Corporate Governance Expert

TL;DR: Routine director compensation disclosure; fully vested RSUs documented per company plans.

The Form 4 documents standard director compensation administered through Hyatt's Fifth Amended and Restated Long-Term Incentive Plan and the Non-Employee Director Compensation Program. The filing clarifies grant terms: RSUs are vested and settle in Class A Common Stock upon termination of director service. The involvement of an attorney-in-fact in signing is a common administrative practice. This filing raises no immediate governance concerns based on the disclosed facts.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pritzker Jason

(Last) (First) (Middle)

C/O HYATT HOTELS CORPORATION

150 NORTH RIVERSIDE PLAZA

(Street)

CHICAGO IL 60606

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Hyatt Hotels Corp [ H ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0(1)	09/15/2025		A		178		(2)	(2)	Class A Common Stock	178	$0	31,544	D

Explanation of Responses:

1. Each restricted stock unit represents the contingent right to receive one share of Class A Common Stock.

2. The restricted stock units issued under the Fifth Amended and Restated Hyatt Hotels Corporation Long-Term Incentive Plan, as amended, pursuant to the Hyatt Hotels Corporation Non-Employee Director Compensation Program and the Hyatt Hotels Corporation Deferred Compensation Plan for Directors, are fully vested. The restricted stock units will be settled in Class A Common Stock upon the termination of the Reporting Person's service as director.

Remarks:

	Margaret C. Egan, Attorney-in-fact	09/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Jason Pritzker report on the Form 4 for Hyatt (H)?

The issuance and vesting of 178 restricted stock units (RSUs) reported with a transaction date of 09/15/2025.

How many Hyatt (H) shares does the reporting person own after the transaction?

31,544 shares of Class A Common Stock are reported as beneficially owned following the transaction.

Are the RSUs immediately payable to Jason Pritzker?

No. The RSUs are fully vested but are to be settled in Class A Common Stock upon the termination of the reporting person’s service as director, per the filing.

Under which plans were the RSUs issued?

The Fifth Amended and Restated Hyatt Hotels Corporation Long-Term Incentive Plan, the Non-Employee Director Compensation Program, and the Deferred Compensation Plan for Directors, as stated in the filing.

Who signed the Form 4 and when was it signed?

Margaret C. Egan, Attorney-in-fact, signed the filing on 09/16/2025.