JV 2010 N-1 Trust 4

What Happened
JV 2010 N-1 Trust reported selling a total of 9,000 shares of Hyatt Hotels Corp (H) on April 20, 2026, in two derivative-designated transactions. The filings show 7,586 shares sold at $172.54 for $1,308,917 and 1,414 shares sold at $173.06 for $244,709, for combined proceeds of approximately $1,553,626. These were reported as sales (code S), so this was a disposition (not a purchase).

Key Details

• Transaction dates: April 20, 2026; Form 4 filed April 21, 2026 (filed the next day).
• Prices and totals:
  • 7,586 shares @ $172.54 = $1,308,917 (footnote indicates weighted-average sale price with range $172.00–$172.99).
  • 1,414 shares @ $173.06 = $244,709 (footnote indicates weighted-average sale price with range $173.00–$173.20).
• Combined: 9,000 shares; ~ $1.55 million proceeds.
• Shares owned after transaction: Not specified in the provided extract of the filing.
• Notable footnotes/remarks:
  • F1: Class B common shares are convertible into Class A common shares per the company charter.
  • F2/F3: Weighted-average prices shown; the filer will provide a price-by-price breakdown on request.
  • Remark: The reporting person may be part of a 10% owner group due to voting agreements and disclaims beneficial ownership except for pecuniary interest.

Context

• The filing lists these as "Derivative" transactions. That indicates the securities sold were derivative in form (for example, related to convertible Class B shares or other derivative instruments) rather than a straightforward sale of previously held Class A shares; see footnote F1 for conversion rules.
• Sales are routine disclosures and do not by themselves indicate management sentiment about the company. Purchases are usually more informative as bullish signals; this filing reports dispositions.