Hyatt (H) executive Peter Sears receives 4,400-share grant with tax withholding

Rhea-AI Filing Summary

Hyatt Hotels Corp officer Peter Sears reported routine equity compensation activity. He received 4,400 shares of Class A Common Stock as a grant tied to performance share units under the company’s long-term incentive plan, and 1,953 shares were disposed of to cover tax obligations at $173.19 per share. After these transactions, he directly holds 13,921 shares.

Insights

Equity compensation analyst

Routine equity grant with tax withholding; no open-market trading.

Peter Sears received 4,400 shares of Hyatt Hotels Corp Class A Common Stock as a grant associated with vested performance share units under the company’s long-term incentive plan. The grant price is shown as $0.0000, consistent with stock-based compensation.

A separate disposition of 1,953 shares at $173.19 per share is coded as a tax-withholding event, not an open-market sale. Following these transactions, Sears directly holds 13,921 shares, indicating a continuing equity stake. Overall, this filing reflects standard executive compensation mechanics rather than directional trading.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Sears Peter

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	4,400	$0.00	--
Tax Withholding	Class A Common Stock	1,953	$173.19	$338K

Holdings After Transaction: Class A Common Stock — 13,921 shares (Direct, null)

Footnotes (1)

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Key Figures

Tax-withholding shares: 1,953 shares Equity grant: 4,400 shares Grant price: $0.0000 per share +2 more

5 metrics

Tax-withholding shares 1,953 shares Shares disposed to cover tax liability at $173.19 per share

Equity grant 4,400 shares Shares granted upon vesting of performance share units

Grant price $0.0000 per share Recorded price for granted shares of Class A Common Stock

Post-transaction holdings 13,921 shares Directly held Hyatt Class A shares after reported transactions

Tax price reference $173.19 per share Per-share value used for 1,953-share tax-withholding disposition

Key Terms

performance share units, tax-withholding disposition, grant/award acquisition, Long-Term Incentive Plan

4 terms

performance share units financial

"Represents shares issued upon the vesting of performance share units in connection with the attainment of certain performance goals"

Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition","transaction_code_description": "Payment of exercise price or tax liability by delivering securities"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

grant/award acquisition financial

"transaction_action": "grant/award acquisition","transaction_code_description": "Grant, award, or other acquisition"

Long-Term Incentive Plan financial

"pursuant to the Fifth Amended and Restated Hyatt Hotels Corporation Long-Term Incentive Plan, as amended (the "LTIP")"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

Form 4 Insider Transactions: What Each Field Means →

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^*

Sears Peter

(Last) (First) (Middle)

C/O HYATT HOTELS CORPORATION

150 NORTH RIVERSIDE PLAZA

(Street)

CHICAGO ILLINOIS 60606

(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
X	Officer (give title below)		Other (specify below)
	See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/20/2026		A		4,400(1)	A	$0	13,921	D
Class A Common Stock	05/20/2026		F		1,953	D	$173.19	11,968	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares issued upon the vesting of performance share units in connection with the attainment of certain performance goals set forth in an award agreement. Such performance share units were granted to the reporting person on May 21, 2025 pursuant to the Fifth Amended and Restated Hyatt Hotels Corporation Long-Term Incentive Plan, as amended (the "LTIP").

Remarks:

Executive Vice President, Group President - Americas

	Margaret C. Egan, Attorney-in-fact	05/22/2026
	** 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)

FAQ

What did Hyatt (H) executive Peter Sears report in this Form 4 filing?

Peter Sears reported a routine equity compensation event. He received 4,400 Hyatt Class A shares from vested performance share units and had 1,953 shares withheld to cover taxes, ending with 13,921 directly held shares.

Did Peter Sears buy or sell Hyatt (H) shares on the open market?

The filing does not show any open-market buying or selling. It reports a stock grant of 4,400 shares and a 1,953-share tax-withholding disposition, which is an administrative transaction to cover taxes, not a discretionary market trade.

How many Hyatt (H) shares does Peter Sears hold after these transactions?

After the reported transactions, Peter Sears directly holds 13,921 shares of Hyatt Class A Common Stock. This reflects the 4,400-share grant and the 1,953-share tax-withholding disposition recorded on the same transaction date.

What is the nature of the 4,400 Hyatt (H) shares granted to Peter Sears?

The 4,400 shares were issued upon vesting of performance share units tied to specific performance goals under Hyatt’s Fifth Amended and Restated Long-Term Incentive Plan, indicating compensation based on achieving defined company performance targets.

What does the 1,953-share tax-withholding disposition in Hyatt (H) mean?

The 1,953-share disposition is coded as a tax-withholding event. Shares were delivered to satisfy tax obligations related to the equity award, using a price of $173.19 per share, rather than being sold in the open market at the executive’s discretion.