Insider Filing: Don G.C. Trust Reports 15,386 Hyatt Shares Transfer

Rhea-AI Filing Summary

Don G.C. Trust #1 JNP reported a Section 16 transaction in Hyatt Hotels Corporation (H). On 08/13/2025 the reporting person recorded a transaction coded G for 15,386 shares. The filing shows Class B Common Stock convertible into Class A Common Stock and reports 15,386 shares of Class A Common Stock beneficially owned following the reported transaction. The transaction price is shown as $0, consistent with a non‑cash transfer. The trustee, Maroon Private Trust Company, LLC, has investment power over the shares and the reporting person is identified as a member of a 10% owner group while disclaiming ownership except for pecuniary interest.

Insights

Corporate Governance Expert

TL;DR: A non‑cash transfer of 15,386 shares was reported under trustee control; governance implications are routine and disclosure‑driven.

The Form 4 documents a transaction coded G, which typically denotes a gift or other non‑cash transfer, for 15,386 shares dated 08/13/2025. The filing clarifies the shares are Class B Common Stock convertible into Class A Common Stock and that Maroon Private Trust Company, LLC serves as trustee with investment power. The reporting person is noted as part of a 10% owner group but disclaims beneficial ownership beyond pecuniary interest. From a governance perspective, this is primarily a disclosure event reflecting internal reallocation under trust arrangements rather than an open‑market trade affecting liquidity or signaling material management intent.

Securities Analyst

TL;DR: Transaction size is small relative to Hyatt’s market capitalization and carries limited market impact.

The recorded change shows 15,386 shares moved under a transaction coded G with a zero price, and the filing indicates conversion mechanics between Class B and Class A shares. The trustee’s control over investment decisions is explicitly disclosed, and the reporting person’s membership in a 10% owner group is noted, which is relevant for aggregation rules. Given the absolute share count and the nature of the transfer, this Form 4 is unlikely to be material to valuation or trading volumes for Hyatt.

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^*

DON G.C. Trust #1 JNP

(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)
08/13/2025

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)	08/13/2025		G			15,386	(1)	(1)	Class A Common Stock	15,386	$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 beneficiary of the Reporting Person does 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	08/15/2025
	** 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.

FAQ

What did the Form 4 for Hyatt (H) report on 08/13/2025?

The Form 4 reported a transaction coded G for 15,386 shares, showing beneficial ownership of 15,386 Class A Common Stock following the transaction.

Does the filing show a cash purchase or sale of Hyatt shares?

No. The transaction price is shown as $0, indicating a non‑cash transfer (transaction code G).

Who holds investment power over the reported shares?

Maroon Private Trust Company, LLC serves as trustee and has investment power over the shares beneficially owned by the reporting person.

Is the reporting person part of a larger owner group in Hyatt?

Yes. The filing states the reporting person may be deemed a member of a 10% owner group and has agreed to certain voting agreements and transfer limitations.

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

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