TV 2010 N-1 Trust trims Hyatt (NYSE: H) stake with 9,000-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TV 2010 N-1 Trust, a reporting holder of Hyatt Hotels Corp, reported open-market sales of Class B Common Stock. The trust sold 1,414 shares at a weighted average price of $173.0612 per share and 7,586 shares at a weighted average price of $172.5438, totaling 9,000 shares sold.
Each share of Class B Common Stock is convertible into one share of Class A Common Stock, and generally converts automatically into Class A upon transfer, subject to certain permitted transfer exceptions described in the company’s charter. After these transactions, the trust reports direct ownership of 11,415 shares of Class B Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,000 shares ($1,553,626)
Net Sell
2 txns
Insider
TV 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)
- 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
Total shares sold: 9,000 shares
First block sold: 1,414 shares at $173.0612
Second block sold: 7,586 shares at $172.5438
+3 more
6 metrics
Total shares sold
9,000 shares
Open-market sales of Hyatt Class B Common Stock
First block sold
1,414 shares at $173.0612
Weighted average price for one sale on Class B shares
Second block sold
7,586 shares at $172.5438
Weighted average price for another sale of Class B shares
Post-sale holdings
11,415 shares
Class B Common Stock held directly after transactions
Price range first block
$172.00–$172.99
Lowest and highest sale prices for 7,586-share transaction
Price range second block
$173.00–$173.20
Lowest and highest sale prices for 1,414-share transaction
Key Terms
Class B Common Stock, Class A Common Stock, convertible, weighted average sale price, +1 more
5 terms
Class B Common Stock financial
"security_title: "Class B Common Stock""
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
"underlying_security_title: "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.
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.
weighted average sale price financial
"Represents the weighted average sale price"
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.
FAQ
What insider activity did TV 2010 N-1 Trust report for Hyatt Hotels (H)?
TV 2010 N-1 Trust reported selling 9,000 shares of Hyatt Class B Common Stock in open-market transactions. The sales occurred in two blocks at weighted average prices around $173 per share, and the trust continues to hold a remaining direct position afterward.
What type of Hyatt (H) security did TV 2010 N-1 Trust sell?
The trust sold Hyatt Class B Common Stock, which the charter states is convertible into Class A Common Stock on a one-for-one basis. Class B shares generally convert automatically into Class A upon transfer, except for certain permitted transfers described in the company’s charter.
Were the Hyatt (H) insider sales by TV 2010 N-1 Trust open-market transactions?
Yes. Each transaction is coded as an open-market sale of a derivative security, with the Form 4 describing them as sales in the open market or private transactions. The reported per-share amounts are weighted average prices within specified high and low sale price ranges.
What price ranges applied to the Hyatt (H) insider sales by TV 2010 N-1 Trust?
For the 7,586-share sale, the highest price was $172.99 and the lowest was $172.00. For the 1,414-share sale, the highest price was $173.20 and the lowest was $173.00. The trust offers full breakdowns of shares sold at each price upon request.