[Form 4] Hyatt Hotels Corp Insider Trading Activity
JNP 2010-PG Trust, a reporting holder of Hyatt Hotels Corp, converted and sold a block of shares tied to its Class B holdings.
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Form Type
4
Rhea-AI Filing Summary
JNP 2010-PG Trust, a reporting holder of Hyatt Hotels Corp, converted and sold a block of shares tied to its Class B holdings. On April 17, 2026, the trust converted 213,434 shares of Class B Common Stock into 213,434 shares of Class A Common Stock and then executed an open-market sale of 213,434 Class A shares at $167.75 per share.
After these transactions, the trust reported 0 Class A shares and 853,736 shares of Class B Common Stock remaining. Each Class B share is convertible into one Class A share, and Class B shares generally convert automatically into Class A upon transfer, subject to certain permitted transfer exceptions.
Insider Trade Summary
Exercise and Sale: 213,434 shares ($35.80M approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
JNP 2010-PG Trust
Role
Insider
Sold
213,434 shs ($35.80M)
Approx. gross sale proceeds
$35.80M
Approx. exercise cost
$0.00
Approx. pre-tax spread
$35.80M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 213,434 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 213,434 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 213,434 | $167.75 | $35.80M |
Holdings After Transaction:
Class B Common Stock — 853,736 contracts (Direct);
Class A Common Stock — 0 shares (Direct)
Footnotes (2)
- F1. In accordance with the Issuer's Amended and Restated Certificate of Incorporation, the shares of Class B Common Stock reported by the Reporting Person on Table II of this Form 4 automatically converted into shares of Class A Common Stock in connection with the sale reported by the Reporting Person in Table I of this Form 4.
- F2. 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.
Key Figures
Class A shares sold: 213,434 shares
Sale price per share: $167.75
Shares converted Class B to Class A: 213,434 shares
+3 more
6 metrics
Class A shares sold
213,434 shares
Open-market sale on April 17, 2026
Sale price per share
$167.75
Price for Class A shares sold
Shares converted Class B to Class A
213,434 shares
One-for-one conversion prior to sale
Class A shares after transactions
0 shares
Holdings of JNP 2010-PG Trust post-transaction
Remaining Class B holdings
853,736 shares
Class B Common Stock after partial conversion
Net share change
-213,434 shares
Net buy/sell effect from reported transactions
Key Terms
Class A Common Stock, Class B Common Stock, derivative conversion, open-market sale, +1 more
5 terms
Class A Common Stock financial
"security_title: "Class A Common Stock" for sale and conversion entries"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B Common Stock financial
"security_title: "Class B Common Stock" reported as convertible into Class A"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
derivative conversion financial
"transaction_action: "derivative conversion" describing Class B to Class A change"
open-market sale financial
"transaction_action: "open-market sale" for the Class A share disposition"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Amended and Restated Certificate of Incorporation regulatory
"footnote describing conversion terms under the issuer's charter"
A company’s amended and restated certificate of incorporation is an updated version of its foundational legal charter that replaces the older document and folds in all changes into one clear copy; it spells out corporate structure, classes of stock, shareholder rights and key governance rules. Investors care because it can change who controls the company, how votes are counted, what claims shareholders have on assets or dividends, and can introduce or remove protections against takeovers—like updating a house title after a major renovation to show who owns what and under what rules.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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