Hyatt Hotels Corp (H) family trust reports sale of 12,000 Class B shares
Rhea-AI Filing Summary
KLP 2006-N3 Family Trust, a reporting person associated with Hyatt Hotels Corp, reported a sale of derivative securities linked to the company’s stock. On January 9, 2026, the trust reported a sale coded "S" of 12,000 shares of Class B Common Stock, at a weighted average price of $168.0135 per share. Following this transaction, the trust reported owning 959,068 derivative securities.
Each share of Class B Common Stock is convertible into one share of Class A Common Stock, either at the holder’s option or automatically upon most transfers. The trust notes it may be deemed part of a 10% owner group due to voting and transfer agreements, while disclaiming beneficial ownership beyond its pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock | 12,000 | $168.0135 | $2.02M |
Footnotes (1)
- 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. Represents the weighted average sale price. The highest price at which shares were sold was $168.19 and the lowest price at which shares were sold was $167.96. The reporting person undertakes to provide to Hyatt Hotels Corporation, any security holder of Hyatt Hotels Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
FAQ
What insider transaction did KLP 2006-N3 Family Trust report for Hyatt Hotels Corp (H)?
The KLP 2006-N3 Family Trust reported a sale coded "S" of 12,000 shares of Class B Common Stock of Hyatt Hotels Corp on January 9, 2026, at a weighted average price of $168.0135 per share.
What is the relationship between Hyatt’s Class B and Class A Common Stock in this filing?
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 generally converts automatically into one share of Class A upon transfer, subject to certain permitted transfers.
Why might KLP 2006-N3 Family Trust be considered a 10% owner of Hyatt Hotels Corp?
The remarks state the trust may be deemed part of a 10% owner group because it has agreed to certain voting agreements and limitations on transfers involving Hyatt’s Class A and Class B Common Stock.
Does KLP 2006-N3 Family Trust claim full beneficial ownership of the Hyatt securities reported?
No. The trust disclaims beneficial ownership of the securities reported on the Form 4, except to the extent of its pecuniary interest in those securities.
Who signed the Hyatt Hotels Corp (H) Form 4 for KLP 2006-N3 Family Trust?
The Form 4 was signed by /s/ Dietmar Bauer on January 9, 2026, as the signature of the reporting person.