Hyatt Hotels (H) 10% owner group member reports Class B–Class A link

Rhea-AI Filing Summary

Hyatt Hotels Corp insider Maroon Private Trust Company, LLC, as trustee for a reporting person that is a member of a 10% owner group, reported a derivative securities transaction dated 01/01/2026. The filing shows a position in derivative securities tied to 14,473 shares of Class B Common Stock, which are convertible at any time into an equal number of Class A Common Stock shares and also convert automatically to Class A upon most transfers. Following the reported transaction, the number of derivative securities beneficially owned is listed as 0, with ownership marked as direct.

The trust has investment power over the shares, while the beneficiaries do not. The reporting person may be deemed part of a group due to certain voting agreements and transfer limitations involving both Class A and Class B Common Stock, and disclaims beneficial ownership except to the extent of its pecuniary interest.

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

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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^*

BENJAMIN T. PRITZKER DYNASTY TRUST

(Last) (First) (Middle)

C/O MAROON PRIVATE TRUST COMPANY, LLC

350 SOUTH MAIN AVENUE, SUITE 401

(Street)

SIOUX FALLS, SD 57104

(City) (State) (Zip)

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
	Officer (give title below)	X	Other (specify below)
			See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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

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
Class B Common Stock	(1)	01/01/2026		G			14,473	(1)	(1)	Class A Common Stock	14,473	$0	0	D

Explanation of Responses:

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.

Remarks:

Member of 10% owner group. Maroon Private Trust Company, LLC serves as trustee of the Reporting Person and has investment power over the shares beneficially owned by the Reporting Person. The beneficiaries of the Reporting Person do not have investment power over the shares of Class B Common Stock held by the Reporting Person. In addition, the Reporting Person may be deemed to be a member of a group because the Reporting Person has agreed to certain voting agreements and limitations on transfers of shares of Class A Common Stock and Class B Common Stock. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.

	/s/ Derek Arend, President of Trustee	01/02/2026
	** 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).
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FAQ

What insider activity at Hyatt Hotels Corp (H) is disclosed in this filing?

The filing reports a derivative securities transaction on 01/01/2026 by a reporting person that is a member of a 10% owner group, involving securities tied to Class B Common Stock of Hyatt Hotels Corp.

How many Hyatt Hotels Class B shares are referenced in this Form 4?

The derivative securities reported are tied to 14,473 shares of Class B Common Stock, with an equal number of underlying Class A Common Stock shares.

What are the conversion terms between Hyatt Hotels Class B and Class A shares?

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. Each Class B share also converts automatically into one Class A share upon any transfer, except for certain permitted transfers described in the company’s Amended and Restated Certificate of Incorporation.

Who controls the Hyatt Hotels shares reported in this insider filing?

Maroon Private Trust Company, LLC serves as trustee for the reporting person and has investment power over the shares. The beneficiaries of the reporting person do not have investment power over the Class B Common Stock held.

What is the ownership status after the reported Hyatt Hotels transaction?

After the reported transaction, the number of derivative securities beneficially owned is shown as 0, with the ownership form indicated as direct (D).

Why might the reporting person be considered part of a group in Hyatt Hotels stock?

The reporting person may be deemed to be a member of a group because it has agreed to certain voting agreements and limitations on transfers of Hyatt Hotels Class A Common Stock and Class B Common Stock.

Does the reporting person claim full beneficial ownership of the Hyatt shares?

No. The reporting person disclaims beneficial ownership of the securities reported, except to the extent of its pecuniary interest in them.