Hyatt Hotels (H) 10% owner trust reports 13,749-share Class B to A conversion
Rhea-AI Filing Summary
Hyatt Hotels Corp reported an insider transaction by a trust that is a member of a 10% owner group. On 01/01/2026, 13,749 shares of Class B Common Stock were converted into 13,749 shares of Class A Common Stock at a conversion price of $0, leaving 0 derivative securities of this type beneficially owned directly after the transaction.
The company’s charter provides that each Class B share is convertible at any time, at the holder’s option, into one Class A share and will also convert automatically into one Class A share upon most transfers. Maroon Private Trust Company, LLC serves as trustee with investment power over the shares; the beneficiaries do not have investment power. The reporting person may be deemed part of a group under certain voting and transfer agreements and disclaims beneficial ownership except to the extent of its pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 13,749 | $0.00 | -- |
Footnotes (1)
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FAQ
What insider transaction involving Hyatt Hotels Corp (H) is reported here?
The report shows a trust that is a 10% owner group member converting 13,749 shares of Class B Common Stock into 13,749 shares of Class A Common Stock on 01/01/2026.
What is the conversion feature of Hyatt Hotels’ Class B Common Stock?
Each share of Class B Common Stock is convertible at any time, at the holder’s option, into one share of Class A Common Stock, and generally converts automatically into one Class A share upon any transfer, subject to certain permitted transfers.
Is the reporting person considered part of a 10% owner group of Hyatt Hotels (H)?
Yes. The remarks state the reporting person is a member of a 10% owner group, in part because it has agreed to certain voting agreements and limitations on transfers of Class A and Class B Common Stock.