Hyatt Hotels (NYSE: H) awards RSUs and stock appreciation rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hyatt Hotels Corp reported that director and officer Mark Samuel Hoplamazian received new equity awards as part of long-term incentive compensation. He was granted 19,918 Restricted Stock Units, each representing a right to one share of Class A common stock at settlement.
He also received 44,326 stock appreciation rights tied to Class A common stock with an exercise price of 144.3400 per share and expiration on March 19, 2036. Both the RSUs and stock appreciation rights vest in four substantially equal annual installments beginning on March 16, 2027, with RSUs settled in shares upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
HOPLAMAZIAN MARK SAMUEL
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 19,918 | $0.00 | -- |
| Grant/Award | Stock Appreciation Rights | 44,326 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 19,918 shares (Direct);
Stock Appreciation Rights — 44,326 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents the contingent right to receive, at settlement, one share of Class A Common Stock. The RSUs issued pursuant to the Fifth Amended and Restated Hyatt Hotels Corporation Long-Term Incentive Plan, as amended ("LTIP"), vest and become payable in four substantially equal annual installments beginning on March 16, 2027. The RSUs will be settled in Class A Common Stock upon vesting, subject to earlier settlement upon death or disability or a change of control of the Issuer. The stock appreciation rights issued pursuant to the LTIP vest in four substantially equal annual installments beginning on March 16, 2027.
FAQ
What equity awards did Mark Hoplamazian receive from Hyatt (H)?
Mark Hoplamazian received 19,918 Restricted Stock Units and 44,326 stock appreciation rights tied to Hyatt Class A common stock. These awards are part of long-term incentive compensation and provide future share-based value rather than immediate cash or open-market stock purchases.
How do the new Hyatt (H) Restricted Stock Units for Mark Hoplamazian vest?
The 19,918 Restricted Stock Units vest in four substantially equal annual installments starting March 16, 2027. Upon each vesting date, the RSUs are settled in shares of Class A common stock, subject to earlier settlement upon death, disability, or a change of control.
What are the key terms of Hyatt (H) stock appreciation rights granted to Hoplamazian?
The grant includes 44,326 stock appreciation rights with an exercise price of $144.34 per share and an expiration date of March 19, 2036. They vest in four substantially equal annual installments beginning March 16, 2027, providing value only if the stock trades above the exercise price.
Are Mark Hoplamazian’s Hyatt (H) equity awards open-market stock purchases?
No, these are compensation-related grants under Hyatt’s long-term incentive plan, not open-market stock purchases. They consist of Restricted Stock Units and stock appreciation rights awarded at no cash cost, vesting over time based on continued service and plan terms.