[Form 4] Hyatt Hotels Corporation Insider Trading Activity
Rhea-AI Filing Summary
David T. Pritzker Family Trust reported a Section 16 insider filing for Hyatt Hotels Corporation (H) showing a transaction dated 08/13/2025. The Form 4 records 7,038 shares of Class B Common Stock resulting in 7,038 shares of Class A Common Stock with a reported price of $0. The filing indicates the trustee, Maroon Private Trust Company, LLC, has investment power over the shares and that the reporting person may be a member of a 10% owner group under certain voting and transfer agreements. The report was signed by the trustee president on 08/15/2025. The filing includes a conversion explanation: Class B shares are convertible into Class A shares and convert automatically on transfers except for permitted transfers.
Positive
- None.
Negative
- None.
Insights
TL;DR Routine insider transfer/conversion of 7,038 Class B shares into Class A shares disclosed; appears administrative and non-cash.
The Form 4 documents a non-derivative transaction dated 08/13/2025 where 7,038 Class B Common Stock shares resulted in 7,038 Class A Common Stock shares and a reported price of $0. The filing identifies Maroon Private Trust Company, LLC as trustee with investment power and states the reporting person may be part of a 10% owner group due to voting agreements. This filing provides transparency on ownership changes but contains no operational or financial performance data.
TL;DR Disclosure clarifies conversion mechanics and trustee control; highlights group status and voting/transfer limitations.
The statement explains that Class B shares convert to Class A upon transfer and that permitted transfers are excepted. It clearly assigns investment power to the trustee and includes a disclaimer of beneficial ownership except to the extent of pecuniary interest. The note about potential membership in a 10% owner group and existing voting agreements is governance-relevant for shareholder control considerations. No allegations of non-compliance or valuation issues are present in the filing.