Hyatt executive granted 3,300 performance shares

Udell David reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Udell David reported acquisition or exercise transactions in this Form 4 filing.

Hyatt Hotels Corp executive David Udell received 3,300 shares of Class A common stock on May 20, 2026. These shares were issued upon the vesting of performance share units tied to specific performance goals under Hyatt’s Long-Term Incentive Plan. After this award, Udell directly holds 16,638 shares.

Insights

Equity compensation analyst

Routine performance-based share vesting increases the executive’s direct equity stake.

David Udell received 3,300 Hyatt Class A shares at $0.00 per share as a grant or award. The footnote explains these were issued when performance share units vested after specified performance goals were met under the company’s Long-Term Incentive Plan.

This is compensation-related, not an open-market purchase or sale, so it carries weaker signaling value about management’s view of the stock. Following the vesting, Udell’s direct holdings rise to 16,638 shares, modestly increasing his equity exposure to Hyatt Hotels Corp.

Insider Trade Summary

Grant/Award: 3,300 shares

Grant/Award 1 txn

Insider Udell David

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	3,300	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 16,638 shares (Direct)

Footnotes (1)

1. F1. 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").

Key Figures

Shares granted: 3,300 shares Grant price: $0.00 per share Shares after transaction: 16,638 shares +2 more

5 metrics

Shares granted 3,300 shares Class A Common Stock awarded May 20, 2026

Grant price $0.00 per share Equity award under Long-Term Incentive Plan

Shares after transaction 16,638 shares Direct holdings following the award

Transaction type Grant, award, or other acquisition Reported as code A, non-derivative

Transaction date May 20, 2026 Vesting and share issuance date

Key Terms

performance share units, Long-Term Incentive Plan, vesting

3 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.

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.

vesting financial

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

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Hyatt Hotels (H) executive David Udell report in this Form 4?

David Udell reported receiving 3,300 shares of Hyatt Class A common stock. The shares were issued when performance share units vested after achieving performance goals under Hyatt’s Long-Term Incentive Plan, increasing his direct holdings to 16,638 shares following the transaction.

Was David Udell’s Hyatt (H) transaction a market purchase or sale?

The transaction was not a market purchase or sale. It reflects a grant or award of 3,300 shares issued at $0.00 per share upon vesting of performance share units tied to performance goals, as part of Hyatt’s long-term incentive compensation program.

How many Hyatt (H) shares does David Udell hold after this award?

After the award, David Udell directly holds 16,638 shares of Hyatt Class A common stock. This total includes the 3,300 shares he received on May 20, 2026 when performance share units vested under the company’s Long-Term Incentive Plan.

What triggered the share issuance to David Udell at Hyatt (H)?

The share issuance was triggered by the vesting of performance share units. These units vested in connection with attaining defined performance goals described in an award agreement under Hyatt’s Fifth Amended and Restated Long-Term Incentive Plan, resulting in 3,300 shares being issued to Udell.

Does this Hyatt (H) Form 4 involve derivative securities or options?

This Form 4 does not report any derivative security transactions. It covers a single non-derivative event: issuance of 3,300 shares of Class A common stock to David Udell upon vesting of performance share units, with no remaining derivative positions listed in the filing data.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/22/2026 - 04:11 PM Learn about SEC filing dates

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^*

Udell David

(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		3,300(1)	A	$0	16,638	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 - ASPAC

	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)