STOCK TITAN

[Form 4] Hyatt Hotels Corporation Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

NPDT Benjamin Trust, through Maroon Private Trust Company, LLC as trustee, reported a Section 16 Form 4 disclosing a transaction in Hyatt Hotels Corp (H). The earliest transaction date reported is 08/13/2025. The form shows a Transaction Code G involving 60,736 shares of Class B Common Stock that correspond to 60,736 shares of Class A Common Stock at a conversion price of $0. Following the reported transaction the filing lists 0 shares beneficially owned by the reporting person (direct ownership). The filing includes a company note that each Class B share is convertible into one Class A share and converts automatically on most transfers. Remarks state Maroon Private Trust Company, LLC has investment power as trustee and the reporting person may be part of a 10% owner group; the reporting person disclaims beneficial ownership except to the extent of pecuniary interest.

NPDT Benjamin Trust, tramite Maroon Private Trust Company, LLC in qualità di trustee, ha presentato un Modulo 4 ai sensi della Sezione 16 che dichiara una transazione in Hyatt Hotels Corp (H). La data più prossima della transazione riportata è il 13/08/2025. Il modulo indica un Codice Transazione G relativo a 60.736 azioni di Classe B, corrispondenti a 60.736 azioni di Classe A a un prezzo di conversione di $0. Dopo la transazione segnalata, la comunicazione elenca 0 azioni detenute a titolo beneficiario dalla persona che effettua la segnalazione (detenzione diretta). La nota della società specifica che ogni azione di Classe B è convertibile in un'azione di Classe A e che la conversione avviene automaticamente nella maggior parte dei trasferimenti. Le osservazioni indicano che Maroon Private Trust Company, LLC ha il potere di investimento come trustee e che la persona che segnala potrebbe far parte di un gruppo di proprietari del 10%; tale persona declina la titolarità beneficiaria salvo per l'interesse pecuniario spettante.

NPDT Benjamin Trust, a través de Maroon Private Trust Company, LLC como fideicomisario, presentó un Formulario 4 conforme a la Sección 16 notificando una operación en Hyatt Hotels Corp (H). La fecha más temprana de la operación informada es el 13/08/2025. El formulario muestra un Código de Transacción G por 60.736 acciones de Clase B, equivalentes a 60.736 acciones de Clase A a un precio de conversión de $0. Tras la operación notificada, la presentación indica que la persona informante posee 0 acciones en beneficio (tenencia directa). La nota de la empresa aclara que cada acción de Clase B es convertible en una acción de Clase A y se convierte automáticamente en la mayoría de las transferencias. En las observaciones se indica que Maroon Private Trust Company, LLC tiene el poder de inversión como fideicomisario y que la persona que informa podría formar parte de un grupo propietario del 10%; la persona declina la propiedad beneficiaria salvo en la medida de su interés pecuniario.

NPDT Benjamin Trust는 수탁자(trustee)로서 Maroon Private Trust Company, LLC를 통해 섹션 16의 양식 4를 제출하여 Hyatt Hotels Corp (H)에 대한 거래를 공시했습니다. 보고된 가장 이른 거래일은 2025-08-13입니다. 해당 양식에는 거래 코드 G클래스 B 보통주 60,736주가 기재되어 있으며, 이는 전환가액 $0클래스 A 보통주 60,736주에 해당합니다. 보고된 거래 이후 제출서류에는 보고인(직접 소유)이 보유하는 수혜적 소유 주식 0주로 기재되어 있습니다. 회사의 주석에는 각 클래스 B 주식이 클래스 A 주식으로 전환 가능하며 대부분의 양도 시 자동으로 전환된다는 내용이 포함되어 있습니다. 비고란에는 Maroon Private Trust Company, LLC가 수탁자로서 투자 권한을 보유하며 보고인은 10% 소유자 그룹의 일원일 수 있고, 보고인은 금전적 이익 범위를 제외하고는 수혜적 소유를 부인한다는 내용이 적혀 있습니다.

NPDT Benjamin Trust, par l'intermédiaire de Maroon Private Trust Company, LLC en qualité de trustee, a déposé un formulaire 4 au titre de la Section 16 divulguant une transaction portant sur Hyatt Hotels Corp (H). La première date de transaction indiquée est le 13/08/2025. Le formulaire mentionne un code de transaction G concernant 60 736 actions de catégorie B, correspondant à 60 736 actions de catégorie A à un prix de conversion de 0 $. Après la transaction déclarée, le dépôt indique que la personne déclarant possède 0 action à titre bénéficiaire (possession directe). La note de la société précise que chaque action de catégorie B est convertible en une action de catégorie A et se convertit automatiquement lors de la plupart des transferts. Les remarques indiquent que Maroon Private Trust Company, LLC détient le pouvoir d'investissement en tant que trustee et que la personne déclarante peut faire partie d'un groupe détenant 10 % ; la personne déclarante décline la propriété bénéficiaire sauf dans la mesure d'un intérêt pécuniaire.

NPDT Benjamin Trust hat über Maroon Private Trust Company, LLC als Trustee ein Section‑16‑Formular 4 eingereicht, das eine Transaktion in Hyatt Hotels Corp (H) offenlegt. Das früheste gemeldete Transaktionsdatum ist der 13.08.2025. Das Formular weist einen Transaktionscode G für 60.736 Aktien der Klasse B aus, die 60.736 Aktien der Klasse A entsprechen bei einem Umwandlungspreis von $0. Nach der gemeldeten Transaktion werden in der Meldung 0 Aktien im wirtschaftlichen Eigentum der meldenden Person (direkter Besitz) aufgeführt. Ein Hinweis des Unternehmens erklärt, dass jede Klasse‑B‑Aktie in eine Klasse‑A‑Aktie wandelbar ist und bei den meisten Übertragungen automatisch umgewandelt wird. In den Anmerkungen heißt es, dass Maroon Private Trust Company, LLC als Trustee die Anlagebefugnis besitzt und die meldende Person Teil einer 10‑%‑Eignergruppe sein könnte; die meldende Person weist eine wirtschaftliche Eigentümerschaft außer im Umfang eines pecuniären Interesses zurück.

Positive
  • Disclosure of transfer/conversion: The filing clearly reports the transfer of 60,736 Class B shares with corresponding Class A shares.
  • Trustee and control clarified: The filing states Maroon Private Trust Company, LLC has investment power as trustee, clarifying who controls the shares.
  • Conversion mechanics provided: The form includes the issuer's conversion rule that each Class B share converts into one Class A share, improving transparency.
Negative
  • None.

Insights

TL;DR: Routine insider disclosure of a transfer/conversion of Class B into Class A shares; governance notes clarify trustee control and group membership.

The Form 4 reports a Transaction Code G for 60,736 Class B shares on 08/13/2025, with underlying Class A shares noted and a $0 conversion price. The filing includes the issuer's conversion mechanics and clarifies that Maroon Private Trust Company, LLC serves as trustee with investment power while the reporting person disclaims ownership except for pecuniary interest. The statement about potential group membership and voting agreements is material to governance because it signals coordination on voting and transfer limits, but the filing itself reflects a single, non-economic transfer event rather than an operational or financial change for the issuer.

TL;DR: Transaction disclosed is a gift/transfer of 60,736 Class B shares converting to Class A equivalence; no remaining direct beneficial ownership reported.

The reported transaction (Code G) shows 60,736 Class B shares with 60,736 Class A shares underlying at a $0 price and lists 0 shares owned following the transaction (direct). This is a disclosure of insider movement of equity rather than an earnings or balance-sheet event. The trustee relationship and the 10% owner group disclosure are relevant to investors assessing potential voting blocs, but the Form 4 does not report any cash proceeds or change in company financials.

NPDT Benjamin Trust, tramite Maroon Private Trust Company, LLC in qualità di trustee, ha presentato un Modulo 4 ai sensi della Sezione 16 che dichiara una transazione in Hyatt Hotels Corp (H). La data più prossima della transazione riportata è il 13/08/2025. Il modulo indica un Codice Transazione G relativo a 60.736 azioni di Classe B, corrispondenti a 60.736 azioni di Classe A a un prezzo di conversione di $0. Dopo la transazione segnalata, la comunicazione elenca 0 azioni detenute a titolo beneficiario dalla persona che effettua la segnalazione (detenzione diretta). La nota della società specifica che ogni azione di Classe B è convertibile in un'azione di Classe A e che la conversione avviene automaticamente nella maggior parte dei trasferimenti. Le osservazioni indicano che Maroon Private Trust Company, LLC ha il potere di investimento come trustee e che la persona che segnala potrebbe far parte di un gruppo di proprietari del 10%; tale persona declina la titolarità beneficiaria salvo per l'interesse pecuniario spettante.

NPDT Benjamin Trust, a través de Maroon Private Trust Company, LLC como fideicomisario, presentó un Formulario 4 conforme a la Sección 16 notificando una operación en Hyatt Hotels Corp (H). La fecha más temprana de la operación informada es el 13/08/2025. El formulario muestra un Código de Transacción G por 60.736 acciones de Clase B, equivalentes a 60.736 acciones de Clase A a un precio de conversión de $0. Tras la operación notificada, la presentación indica que la persona informante posee 0 acciones en beneficio (tenencia directa). La nota de la empresa aclara que cada acción de Clase B es convertible en una acción de Clase A y se convierte automáticamente en la mayoría de las transferencias. En las observaciones se indica que Maroon Private Trust Company, LLC tiene el poder de inversión como fideicomisario y que la persona que informa podría formar parte de un grupo propietario del 10%; la persona declina la propiedad beneficiaria salvo en la medida de su interés pecuniario.

NPDT Benjamin Trust는 수탁자(trustee)로서 Maroon Private Trust Company, LLC를 통해 섹션 16의 양식 4를 제출하여 Hyatt Hotels Corp (H)에 대한 거래를 공시했습니다. 보고된 가장 이른 거래일은 2025-08-13입니다. 해당 양식에는 거래 코드 G클래스 B 보통주 60,736주가 기재되어 있으며, 이는 전환가액 $0클래스 A 보통주 60,736주에 해당합니다. 보고된 거래 이후 제출서류에는 보고인(직접 소유)이 보유하는 수혜적 소유 주식 0주로 기재되어 있습니다. 회사의 주석에는 각 클래스 B 주식이 클래스 A 주식으로 전환 가능하며 대부분의 양도 시 자동으로 전환된다는 내용이 포함되어 있습니다. 비고란에는 Maroon Private Trust Company, LLC가 수탁자로서 투자 권한을 보유하며 보고인은 10% 소유자 그룹의 일원일 수 있고, 보고인은 금전적 이익 범위를 제외하고는 수혜적 소유를 부인한다는 내용이 적혀 있습니다.

NPDT Benjamin Trust, par l'intermédiaire de Maroon Private Trust Company, LLC en qualité de trustee, a déposé un formulaire 4 au titre de la Section 16 divulguant une transaction portant sur Hyatt Hotels Corp (H). La première date de transaction indiquée est le 13/08/2025. Le formulaire mentionne un code de transaction G concernant 60 736 actions de catégorie B, correspondant à 60 736 actions de catégorie A à un prix de conversion de 0 $. Après la transaction déclarée, le dépôt indique que la personne déclarant possède 0 action à titre bénéficiaire (possession directe). La note de la société précise que chaque action de catégorie B est convertible en une action de catégorie A et se convertit automatiquement lors de la plupart des transferts. Les remarques indiquent que Maroon Private Trust Company, LLC détient le pouvoir d'investissement en tant que trustee et que la personne déclarante peut faire partie d'un groupe détenant 10 % ; la personne déclarante décline la propriété bénéficiaire sauf dans la mesure d'un intérêt pécuniaire.

NPDT Benjamin Trust hat über Maroon Private Trust Company, LLC als Trustee ein Section‑16‑Formular 4 eingereicht, das eine Transaktion in Hyatt Hotels Corp (H) offenlegt. Das früheste gemeldete Transaktionsdatum ist der 13.08.2025. Das Formular weist einen Transaktionscode G für 60.736 Aktien der Klasse B aus, die 60.736 Aktien der Klasse A entsprechen bei einem Umwandlungspreis von $0. Nach der gemeldeten Transaktion werden in der Meldung 0 Aktien im wirtschaftlichen Eigentum der meldenden Person (direkter Besitz) aufgeführt. Ein Hinweis des Unternehmens erklärt, dass jede Klasse‑B‑Aktie in eine Klasse‑A‑Aktie wandelbar ist und bei den meisten Übertragungen automatisch umgewandelt wird. In den Anmerkungen heißt es, dass Maroon Private Trust Company, LLC als Trustee die Anlagebefugnis besitzt und die meldende Person Teil einer 10‑%‑Eignergruppe sein könnte; die meldende Person weist eine wirtschaftliche Eigentümerschaft außer im Umfang eines pecuniären Interesses zurück.

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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
NPDT Benjamin 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)
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 60,736 (1) (1) Class A Common Stock 60,736 $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 transaction did NPDT Benjamin Trust report on Form 4 for Hyatt Hotels (H)?

The Form 4 reports a Transaction Code G on 08/13/2025 involving 60,736 Class B Common Stock (with 60,736 Class A shares underlying) at a $0 conversion/transfer price.

How many Hyatt (H) shares does the reporting person own after the transaction?

The filing lists 0 shares beneficially owned following the reported transaction (direct ownership).

Who controls the shares reported by NPDT Benjamin Trust?

Maroon Private Trust Company, LLC serves as trustee and has investment power over the shares; the reporting person disclaims beneficial ownership except for pecuniary interest.

What does Transaction Code G mean in this filing?

The form shows Transaction Code G associated with the 60,736-share transfer; the filing itself identifies the entry as a transfer/gift event but does not provide additional economic terms beyond the $0 price shown.

Does the Form 4 indicate any change to Hyatt's financials or operations?

No. The filing discloses an insider transfer of shares and governance details; it does not report revenue, earnings, or operational changes.
Hyatt Hotels

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