Hyatt Hotels Corp (H) insider reports 12,903-share Class B to Class A conversion
Rhea-AI Filing Summary
Hyatt Hotels Corp reported an insider transaction involving the conversion of Class B shares into Class A shares. On 01/01/2026, a reporting person converted 12,903 shares of Class B Common Stock into 12,903 shares of Class A Common Stock at a stated price of $0, and held 0 derivative securities afterward, reported as directly owned.
The filing explains that each share of Class B Common Stock is convertible at any time into one share of Class A Common Stock and that Class B generally converts automatically into Class A upon transfer, subject to certain permitted transfers. The reporting person is identified as a member of a 10% owner group, with Maroon Private Trust Company, LLC serving as trustee and holding investment power, while the beneficiaries do not have investment power. The reporting person disclaims beneficial ownership beyond its pecuniary interest.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Hyatt Hotels Corp (H) report in this Form 4?
The filing reports that on 01/01/2026 a reporting person converted 12,903 shares of Class B Common Stock into 12,903 shares of Class A Common Stock at a stated price of $0, with 0 derivative securities beneficially owned afterward.
How does the Class B to Class A share conversion work at Hyatt Hotels Corp (H)?
The document 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, and will also convert automatically into one share of Class A Common Stock upon most transfers, except for certain permitted transfers described in the Amended and Restated Certificate of Incorporation.
Who is the reporting person in this Hyatt Hotels Corp (H) Form 4 and what is their relationship to the issuer?
The reporting person is described as a member of a 10% owner group. Maroon Private Trust Company, LLC serves as trustee of the reporting person and has investment power over the shares, while the beneficiaries do not have investment power.
How many Hyatt Hotels Corp (H) derivative securities did the reporting person hold after the transaction?
After the reported transaction, the number of derivative securities beneficially owned by the reporting person is shown as 0, with ownership reported as Direct (D).
What does the Hyatt Hotels Corp (H) filing say about beneficial ownership by the reporting person?
The reporting person states that it disclaims beneficial ownership of the securities reported, except to the extent of its pecuniary interest, noting that the beneficiaries do not have investment power over the Class B shares held.
Where is the reporting person for Hyatt Hotels Corp (H) based according to the Form 4?
The address block lists C/O Maroon Private Trust Company, LLC, 350 South Main Avenue, Suite 401 as the street address associated with the reporting person.