HOPLAMAZIAN MARK SAMUEL 4
Research Summary
AI-generated summary
Hyatt (H) CEO Mark Hoplamazian Receives RSUs, Withholds Shares for Taxes
What Happened
Mark S. Hoplamazian, Chairman, President and Chief Executive Officer of Hyatt Hotels Corp., settled 21,060 vested Restricted Stock Units (RSUs) into Class A common shares on March 16, 2026. To cover the tax withholding obligation, 8,907 of those shares were withheld/sold at $141.33 per share for total proceeds of $1,258,826. The net shares delivered to Hoplamazian after tax withholding were 12,153. The RSU settlement is recorded as exercise/conversion of derivatives (code M) with tax withholding reported under code F.
Key Details
- Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (appears timely).
- RSUs settled: 21,060 shares (4 separate settlements: 6,246; 5,594; 3,978; 5,242).
- Shares withheld/sold for taxes: 8,907 shares at $141.33 each; total proceeds $1,258,826.
- Net shares added to insider’s holdings: 12,153 (21,060 settled minus 8,907 withheld).
- Footnote: Each RSU equals the contingent right to receive one share of Class A common stock upon settlement.
- Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = payment of exercise price or tax liability (share withholding).
- File remarks list Hoplamazian’s role: Chairman, President and Chief Executive Officer.
- Shares owned after transaction: not specified in the provided filing details.
Context
This was an RSU settlement with “sell-to-cover” tax withholding, a standard way companies satisfy withholding obligations when awards vest. It is not an open-market purchase or a voluntary open-market sale by the insider; purchases usually convey a stronger bullish signal for retail investors.