HOPLAMAZIAN MARK SAMUEL 4
Research Summary
AI-generated summary
Hyatt CEO Mark Hoplamazian Receives Award; 16,504 Shares Withheld
What Happened
Mark S. Hoplamazian, Chairman, President and Chief Executive Officer of Hyatt Hotels Corp (H), was issued a total of 61,517 award-related shares on March 4, 2026. Of those, 36,970 shares were issued upon vesting of performance share units (PSUs) and 24,547 were recorded as restricted stock units (RSUs, a derivative award). To cover taxes, 16,504 shares were withheld (disposed) at an effective withholding price of $162.00 per share, totaling $2,673,648. No cash purchase was involved; these were award issuances and a routine tax-withholding disposition.
Key Details
- Transaction date: March 4, 2026; Form 4 filed March 6, 2026 (timely filing).
- Awards issued: 36,970 shares (PSUs vested) and 24,547 RSUs (derivative award).
- Tax withholding: 16,504 shares withheld at $162.00/share = $2,673,648 (code F).
- Transaction codes: A = award/grant, F = tax withholding (payment of tax liability).
- Shares owned after transaction: Not specified in this Form 4.
- Footnotes:
- F1 — 36,970 shares issued upon attainment of PSU performance goals (granted May 17, 2023 under Hyatt’s LTIP).
- F2 — 24,547 RSUs represent contingent rights to one share each; these RSUs were granted March 19, 2024 and vest on March 16, 2029 (settlement in shares upon vesting, subject to earlier settlement on death, disability or change of control).
Context
This filing reflects compensation-related awards and a routine share-withholding to satisfy tax liabilities, not an open-market sale or purchase. The RSUs are derivative awards that will convert to shares only upon vesting in 2029 (subject to the award terms). The withholding is common practice for executive equity awards and does not necessarily indicate a change in the insider’s view of the company.