Hyatt Hotels (H) insider records 3,518-share Class B to Class A change
Rhea-AI Filing Summary
Hyatt Hotels Corp insider reporting shows a change in holdings involving its dual-class shares. On 01/01/2026, the reporting person recorded a transaction coded "G" in derivative securities linked to Class B Common Stock, representing 3,518 underlying shares of Class A Common Stock at a conversion or exercise price of $0. Following this transaction, the number of these derivative securities beneficially owned is listed as 0 with direct ownership.
The notes explain that each share of Class B Common Stock is convertible at any time into one share of Class A Common Stock and will also convert automatically into one share of Class A Common Stock upon most transfers. The reporting person is described as a member of a 10% owner group, with Maroon Private Trust Company, LLC serving as trustee and holding investment power, while the beneficiaries do not have investment power. The reporting person disclaims beneficial ownership except to the extent of its pecuniary interest.
Positive
- None.
Negative
- None.
FAQ
What insider transaction was reported for Hyatt Hotels Corp (H)?
The filing reports a transaction dated 01/01/2026 involving derivative securities tied to 3,518 shares of Hyatt Hotels Corp Class A Common Stock, linked to Class B Common Stock with a conversion price of $0, leaving 0 of these derivative securities beneficially owned afterward.
Who is the reporting person in this Hyatt Hotels Corp (H) Form 4?
The reporting person is a member of a 10% owner group, with Maroon Private Trust Company, LLC serving as trustee and having investment power over the shares beneficially owned by the reporting person.
How are Hyatt Hotels Corp (H) Class B shares described in this filing?
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, and will also convert automatically into one share of Class A Common Stock upon most transfers, subject to certain permitted transfers.
What does the Form 4 say about the reporting person’s beneficial ownership for Hyatt (H)?
The reporting person states that it disclaims beneficial ownership of the securities reported, except to the extent of its pecuniary interest in them. The beneficiaries of the reporting person do not have investment power over the Class B shares.
What is the ownership form after the reported Hyatt Hotels (H) transaction?
After the reported transaction, the number of the relevant derivative securities beneficially owned is reported as 0, with the ownership form indicated as Direct (D) in the table.
Why is the reporting person considered part of a 10% owner group in Hyatt (H)?
The filing notes that the reporting person may be deemed part of a 10% owner group because it has agreed to certain voting agreements and limitations on transfers of Class A and Class B Common Stock.