Hyatt Hotels insider updates 521,988-share Class B conversion
Hyatt Hotels Corp reported an insider transaction by a trust that is a member of a 10% owner group.
Rhea-AI Filing Summary
Hyatt Hotels Corp reported an insider transaction by a trust that is a member of a 10% owner group. On 01/01/2026, a derivative position in Class B Common Stock tied to 521,988 underlying shares of Class A Common Stock at an exercise price of $0 was updated, leaving 0 derivative securities directly owned after the transaction.
Under the company’s amended and restated certificate of incorporation, each share of Class B Common Stock is convertible at any time into one share of Class A Common Stock, and also converts automatically into Class A upon most transfers, except for certain permitted transfers. Maroon Private Trust Company, LLC serves as trustee and has investment power over the shares, while the beneficiaries do not; the reporting person disclaims beneficial ownership except to the extent of its pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 521,988 | $0.00 | $0.00 |
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
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