Form 4: JASON N. PRITZKER FAMILY TRUST converts 7,499 Hyatt shares

Rhea-AI Filing Summary

Reporting person: JASON N. PRITZKER FAMILY TRUST, managed by Maroon Private Trust Company, LLC, filed a Form 4 disclosing a conversion transaction in Hyatt Hotels Corp (H). On 08/13/2025, 7,499 shares of Class B Common Stock were converted into 7,499 shares of Class A Common Stock under a G transaction code (routine conversion under an established plan). The conversion price is reported as $0 because Class B shares convert into Class A on a one-for-one basis per the company’s charter. After the transaction, the Reporting Person beneficially owns 7,499 shares of Class A Common Stock and 0 Class B shares. The trustee has investment power; the Reporting Person disclaims ownership except to the extent of pecuniary interest and is a member of a 10% owner group per the remarks.

Insights

Securities Analyst

TL;DR Routine one-for-one conversion of Class B to Class A shares by a trust; small, non-price-impacting ownership change.

The Form 4 reports a conversion of 7,499 Class B shares into 7,499 Class A shares under the issuer’s charter conversion provisions. The G code indicates a transaction made under a previously established plan or automatic corporate mechanism rather than an open-market trade. The filing clarifies that Maroon Private Trust Company, LLC serves as trustee with investment power and that the Reporting Person may be part of a 10% owner group. There is no cash consideration and no change in aggregate economic interest disclosed beyond the share-class reclassification.

Corporate Governance Expert

TL;DR Corporate charter conversion executed; governance disclosures show trustee control and group affiliation, but transaction appears routine and non-material.

The conversion follows the Issuer’s Amended and Restated Certificate of Incorporation, whereby each Class B share converts into one Class A share on transfer or at holder option. The remarks emphasize trustee-managed investment power and a disclaimer of beneficial ownership beyond pecuniary interest, plus membership in a 10% owner group due to voting agreements. These governance notes are standard for trust-held founder shares and clarify voting and transfer restrictions for investors reviewing insider positions.

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^*

JASON N. PRITZKER FAMILY 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			7,499	(1)	(1)	Class A Common Stock	7,499	$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 the JASON N. PRITZKER FAMILY TRUST report on Form 4 for H?

The trust reported a conversion of 7,499 Class B Common Stock into 7,499 Class A Common Stock on 08/13/2025 (transaction code G), with a reported price of $0 reflecting a one-for-one charter conversion.

How many Class B and Class A shares does the Reporting Person own after the Form 4 transaction?

After the reported transaction the Reporting Person beneficially owns 0 Class B shares and 7,499 Class A shares.

Who has investment power over the shares reported on the Form 4?

Maroon Private Trust Company, LLC serves as trustee and has investment power over the shares beneficially owned by the Reporting Person, per the filing remarks.

Does the Reporting Person claim full beneficial ownership of the reported shares?

The Reporting Person disclaims beneficial ownership except to the extent of its pecuniary interest and notes potential group membership due to voting agreements and transfer limitations.

What does transaction code 'G' indicate on this Form 4?

Transaction code G indicates the transaction was made pursuant to a contract, instruction or written plan (routine conversion/plan-based action), as reported on the Form 4.