Hyatt Hotels Corp (H) insider updates 546,020-share convertible position
Rhea-AI Filing Summary
Hyatt Hotels Corp insider ownership update: A reporting person who is a member of a 10% owner group reported a transaction dated 01/01/2026 involving 546,020 derivative securities tied to Hyatt Hotels Corp stock. These derivative securities relate to Class B Common Stock that is convertible at any time, at the option of the holder, into an equal number of Class A Common Stock shares, and that also converts automatically into Class A upon most transfers.
Following this transaction, the number of derivative securities beneficially owned by the reporting person is shown as 0, with ownership reported as direct. Maroon Private Trust Company, LLC serves as trustee for the reporting person and has investment power over the Class B shares; the beneficiaries do not have investment power. The reporting person may be deemed part of a group under certain voting agreements and transfer limitations and disclaims beneficial ownership except to the extent of its pecuniary interest.
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FAQ
What insider transaction did Hyatt Hotels Corp (H) report on 01/01/2026?
The report shows a transaction dated 01/01/2026 involving 546,020 derivative securities linked to Hyatt Hotels Corp stock. After this transaction, the number of derivative securities beneficially owned by the reporting person is listed as 0, with ownership form marked as direct.
How are Hyatt Hotels Corp Class B Common Stock and Class A Common Stock related?
The explanation states that 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, except for certain permitted transfers described in the issuer's Amended and Restated Certificate of Incorporation.
Who has investment power over the reported Hyatt Hotels Corp Class B shares?
Maroon Private Trust Company, LLC serves as trustee of the reporting person and has investment power over the shares of Class B Common Stock beneficially owned by the reporting person. The beneficiaries of the reporting person do not have investment power over these shares.
What is the reporting person’s relationship to Hyatt Hotels Corp (H)?
The filing indicates that the reporting person is part of a 10% owner group of Hyatt Hotels Corp. The remarks note that the reporting person may be deemed to be a member of a group because of certain voting agreements and limitations on transfers of shares of Class A and Class B Common Stock.
Does the reporting person fully acknowledge beneficial ownership of the Hyatt shares?
No. The remarks state that the reporting person disclaims beneficial ownership of the securities reported except to the extent of its pecuniary interest in those securities.
What role does Maroon Private Trust Company, LLC play in this Hyatt Hotels Corp filing?
Maroon Private Trust Company, LLC is identified as the trustee of the reporting person and holds investment power over the reported shares of Class B Common Stock. The signature line shows the form signed by "/s/ Derek Arend, President of Trustee" dated 01/02/2026.