ACPS P.G. Trust 4
Research Summary
AI-generated summary
Hyatt (H) ACPS P.G. Trust Sells 27,000 Shares
What Happened
- ACPS P.G. Trust (reporting person) sold a total of 27,000 shares of Hyatt Hotels Corp (H) in derivative transactions on 2026-06-02. The filing shows two dispositions: 26,821 shares at $186.93 totaling $5,013,650 and 179 shares at $188.83 totaling $33,800, for an aggregate proceeds of about $5,047,450. The Form 4 was filed on 2026-06-03.
Key Details
- Transaction date: 2026-06-02; filing date: 2026-06-03 (appears timely).
- Sale type/code: S = Sale (open market or private sale); transactions are reported as derivative dispositions.
- Prices reported: $186.93 (26,821 shares) and $188.83 (179 shares). Footnote reports a weighted-average sale price and notes highest/lowest within a range (highest $188.87; lowest $188.71) and offers to provide per-price breakdown on request.
- Shares owned after transaction: not specified in the excerpt of the filing provided.
- Footnote context: F1 explains Class B common stock is convertible into Class A common stock (conversion on transfer or at holder’s option). Remarks state the reporting person may be part of a 10% owner group and disclaims beneficial ownership except for pecuniary interest.
Context
- These were sales (dispositions) of derivative-based shares rather than purchases — sales are often routine and do not by themselves signal insider confidence. The filing does not indicate a 10b5-1 plan or tax-withholding disposition in the excerpt. Because the reporting person may be part of a 10% owner group (per remarks), this is institutional/ownership-group activity rather than a named executive's trade.