Hyatt trust sells 35,573 shares after share conversion

JNP Parachute Mirror Trust K, a reporting holder of Hyatt Hotels Corp, reported an exercise-and-sell transaction involving the company’s dual‑class shares.

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Form Type

Rhea-AI Filing Summary

JNP Parachute Mirror Trust K, a reporting holder of Hyatt Hotels Corp, reported an exercise-and-sell transaction involving the company’s dual‑class shares. On April 17, 2026, the trust converted 35,573 shares of Class B Common Stock into the same number of Class A shares, then sold those 35,573 Class A shares in open‑market transactions at $167.75 per share. After these transactions, the trust reported 0 Class A shares directly held and 142,292 Class B shares remaining, with each Class B share convertible into one Class A share under the company’s Amended and Restated Certificate of Incorporation.

Insider Trade Summary

Exercise and Sale: 35,573 shares ($5.97M approx. pre-tax spread)

Exercise and Sale 3 txns

Insider JNP Parachute Mirror Trust K

Role Insider

Sold 35,573 shs ($5.97M)

Approx. gross sale proceeds $5.97M

Approx. exercise cost $0.00

Approx. pre-tax spread $5.97M

Type	Security	Shares	Price	Value
Conversion	Class B Common Stock	35,573	$0.00	$0.00
Conversion	Class A Common Stock	35,573	$0.00	$0.00
Sale	Class A Common Stock	35,573	$167.75	$5.97M

Holdings After Transaction: Class B Common Stock — 142,292 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

Shares sold: 35,573 shares Sale price: $167.75 per share Shares converted: 35,573 shares +2 more

5 metrics

Shares sold 35,573 shares Class A Common Stock sold on April 17, 2026

Sale price $167.75 per share Open-market sales of Class A Common Stock

Shares converted 35,573 shares Class B converted into Class A on April 17, 2026

Class A holdings after 0 shares Class A Common Stock directly held post-transaction

Class B holdings after 142,292 shares Class B Common Stock directly held post-transaction

Key Terms

Class A Common Stock, Class B Common Stock, derivative conversion, Amended and Restated Certificate of Incorporation, +1 more

5 terms

Class A Common Stock financial

"shares of Class A Common Stock in open-market transactions at $167.75 per share"

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

"shares of Class B Common Stock reported by the Reporting Person on Table II"

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""

Amended and Restated Certificate of Incorporation regulatory

"In accordance with the Issuer's Amended and Restated Certificate of Incorporation"

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.

open-market sale financial

"transaction_action": "open-market sale""

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.

FAQ

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What did JNP Parachute Mirror Trust K do in this Hyatt (H) Form 4 filing?

JNP Parachute Mirror Trust K converted 35,573 Hyatt Class B shares into 35,573 Class A shares, then sold all 35,573 Class A shares in open-market transactions on April 17, 2026 at $167.75 per share.

How many Hyatt (H) shares did the trust sell and at what price?

The trust sold 35,573 shares of Hyatt Class A Common Stock. These were open-market sales at a reported price of $167.75 per share, following a same‑day conversion of an equal number of Class B shares into Class A shares.

What happened to the Hyatt (H) Class B shares in this Form 4 transaction?

The trust reported converting 35,573 Hyatt Class B Common Stock shares into 35,573 Class A shares. This automatic conversion occurred in connection with the reported sale and follows the company’s Amended and Restated Certificate of Incorporation terms.

How many Hyatt (H) shares does JNP Parachute Mirror Trust K report holding after the transactions?

After the transactions, the trust reported holding 0 shares of Hyatt Class A Common Stock and 142,292 shares of Hyatt Class B Common Stock, with each Class B share convertible into one Class A share under the company’s charter.

How do Hyatt (H) Class B shares convert into Class A shares for this trust?

Each Hyatt Class B share is convertible into one Class A share at any time at the holder’s option. In addition, each Class B share converts automatically to one Class A share upon most transfers, except for certain permitted transfers defined in the Amended and Restated Certificate of Incorporation.

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Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 04/21/2026 - 05:21 PM EDT

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^*

JNP Parachute Mirror Trust K

(Last)

(First)

(Middle)

C/O ROBIN ROAD TRUST COMPANY LLC

511 UNION STREET, SUITE 735

(Street)

NASHVILLE

TENNESSEE

37219

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/17/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	04/17/2026		C⁽¹⁾		35,573	A	⁽¹⁾	35,573	D
Class A Common Stock	04/17/2026		S		35,573	D	$167.75	0	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	⁽¹⁾⁽²⁾	04/17/2026		C⁽¹⁾			35,573	⁽²⁾	⁽²⁾	Class A Common Stock	35,573	$0⁽²⁾	142,292	D

Explanation of Responses:

1. 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.

2. 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.

Remarks:

Member of 10% owner group. Robin Road Trust Company LLC serves as trustee of the Reporting Person and has investment power over the shares beneficially owned by the Reporting Person. The beneficiary of the Reporting Person does not have investment power over the shares of Class B Common Stock held by the Reporting Person. In addition, the Reporting Person may be deemed to be a member of a group because the Reporting Person has agreed to certain voting agreements and limitations on transfers of shares of Class A Common Stock and Class B Common Stock. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.

	/s/ Mary F. Falcon, President of Trustee	04/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR