Hyatt (H) officer David Udell settles 2,033 RSUs into Class A stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hyatt Hotels Corp officer David Udell acquired Class A Common Stock through the settlement of vested restricted stock units. On March 16, 2026, 2,033 Restricted Stock Units were exercised and converted into 2,033 shares of Class A Common Stock at an exercise price of $0.00 per share.
Following these derivative exercises, Udell directly held 17,996 shares of Hyatt Class A Common Stock. According to the footnote, each RSU represented the right to receive one share upon settlement, and these transactions reflect the delivery of shares upon vesting rather than any open‑market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,033 shares exercised/converted
Mixed
8 txns
Insider
Udell David
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 654 | $0.00 | -- |
| Exercise | Restricted Stock Units | 503 | $0.00 | -- |
| Exercise | Restricted Stock Units | 371 | $0.00 | -- |
| Exercise | Restricted Stock Units | 505 | $0.00 | -- |
| Exercise | Class A Common Stock | 654 | $0.00 | -- |
| Exercise | Class A Common Stock | 503 | $0.00 | -- |
| Exercise | Class A Common Stock | 371 | $0.00 | -- |
| Exercise | Class A Common Stock | 505 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock — 16,617 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did Hyatt (H) officer David Udell report in this Form 4?
David Udell reported the settlement of vested Restricted Stock Units into Class A Common Stock. On March 16, 2026, 2,033 RSUs converted into 2,033 shares at a zero exercise price, reflecting compensation vesting rather than market purchases or sales.
What do the Restricted Stock Unit (RSU) transactions mean for Hyatt (H)?
The RSU transactions indicate equity compensation vesting for a Hyatt officer, not new market activity. Each RSU converted one-for-one into Class A Common shares, aligning the officer’s compensation with shareholder interests without involving open-market buying or selling.