DS 2010 N-1 Trust trims Hyatt Hotels (NYSE: H) Class B stake

Rhea-AI Filing Summary

DS 2010 N-1 Trust, a reporting holder of Hyatt Hotels Corp Class B Common Stock, reported open‑market sales totaling 9,000 shares on April 20, 2026. One sale covered 1,414 Class B shares at a weighted average price of $173.0612 per share, with prices ranging from $173.00 to $173.20, leaving 10,001 shares reported as held after that transaction. A second sale covered 7,586 Class B shares at a weighted average price of $172.5438, within a range of $172.00 to $172.99, with 11,415 shares reported as held after that transaction. Each Class B share is convertible into one Class A Common Stock share, and generally converts automatically into Class A upon transfer except for certain permitted transfers.

Insider Trade Summary

Net Seller: 9,000 shares ($1,553,626)

Net Sell 2 txns

Insider DS 2010 N-1 Trust

Role null

Sold 9,000 shs ($1.55M)

Type	Security	Shares	Price	Value
Sale	Class B Common Stock	7,586	$172.5438	$1.31M
Sale	Class B Common Stock	1,414	$173.0612	$245K

Holdings After Transaction: Class B Common Stock — 11,415 shares (Direct, null)

Footnotes (1)

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 these shares were sold was $172.99 and the lowest price at which these shares were sold was $172.00. 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 range set forth in footnote (2) to this Form 4. Represents the weighted average sale price. The highest price at which these shares were sold was $173.20 and the lowest price at which these shares were sold was $173.00. 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 range set forth in footnote (3) to this Form 4.

Key Figures

First sale size: 1,414 shares First sale average price: $173.0612 per share Second sale size: 7,586 shares +4 more

7 metrics

First sale size 1,414 shares Class B Common Stock sold April 20, 2026

First sale average price $173.0612 per share Weighted average for 1,414-share sale

Second sale size 7,586 shares Class B Common Stock sold April 20, 2026

Second sale average price $172.5438 per share Weighted average for 7,586-share sale

Total shares sold 9,000 shares Combined open-market sales reported in Form 4

Shares held after first sale 10,001 shares Post-transaction holdings for first entry

Shares held after second sale 11,415 shares Post-transaction holdings for second entry

Key Terms

Class B Common Stock, Class A Common Stock, weighted average sale price, convertible, +1 more

5 terms

Class B Common Stock financial

"each share of Class B Common Stock is convertible at any time"

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.

Class A Common Stock financial

"convertible at any time, at the option of the holder, into one share of Class A Common Stock"

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.

weighted average sale price financial

"Represents the weighted average sale price. The highest price at which these shares were sold"

convertible financial

"each share of Class B Common Stock is convertible at any time"

A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.

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.

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^*

DS 2010 N-1 Trust

(Last) (First) (Middle)

C/O KIREZE SIMMONS SCOTIA HOUSE

404 EAST BAY STREET, P.O.BOX N-3016

(Street)

NASSAU BAHAMAS

(City) (State) (Zip)

BAHAMAS

(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)
04/20/2026

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

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
Class B Common Stock	(1)	04/20/2026		S			7,586	(1)	(1)	Class A Common Stock	7,586	$172.5438(2)	11,415	D
Class B Common Stock	(1)	04/20/2026		S			1,414	(1)	(1)	Class A Common Stock	1,414	$173.0612(3)	10,001	D

Explanation of Responses:

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.

2. Represents the weighted average sale price. The highest price at which these shares were sold was $172.99 and the lowest price at which these shares were sold was $172.00. 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 range set forth in footnote (2) to this Form 4.

3. Represents the weighted average sale price. The highest price at which these shares were sold was $173.20 and the lowest price at which these shares were sold was $173.00. 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 range set forth in footnote (3) to this Form 4.

Remarks:

The Reporting Person may be deemed to be a member of a 10% owner 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 the pecuniary interest therein.

	/s/ Kireze Simmons, Authorized Signatory on behalf of The Bank of Nova Scotia Trust Company (Bahamas Limited)	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)

FAQ

What insider activity did DS 2010 N-1 Trust report for Hyatt Hotels (H)?

DS 2010 N-1 Trust reported selling a total of 9,000 Class B Common Stock shares of Hyatt Hotels on April 20, 2026. The sales occurred in two open‑market transactions at weighted average prices around $173 per share.

At what prices did DS 2010 N-1 Trust sell Hyatt (H) Class B shares?

The trust sold 1,414 shares at a weighted average price of $173.0612 and 7,586 shares at $172.5438. Individual trade prices ranged from $172.00 to $173.20 across the two transactions, according to the Form 4 disclosures.

How many Hyatt (H) shares did DS 2010 N-1 Trust hold after these Form 4 sales?

After the 1,414‑share sale, the Form 4 shows 10,001 shares reported as owned. After the separate 7,586‑share sale, it shows 11,415 shares reported as owned. These post‑transaction figures are listed separately for each transaction entry.

What type of Hyatt (H) security did DS 2010 N-1 Trust sell?

The transactions involved Class B Common Stock of Hyatt Hotels, which is convertible into Class A Common Stock on a one‑for‑one basis. Class B generally converts automatically into Class A upon transfer, except for certain permitted transfers described in the company’s charter.

Were DS 2010 N-1 Trust’s Hyatt (H) sales open‑market transactions?

Yes. Both Form 4 entries describe the transactions as open‑market sales of Class B Common Stock. The filing also notes that the reported prices are weighted averages across multiple individual trades within the disclosed price ranges.