Udell David 4
4 · Hyatt Hotels Corp · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Hyatt (H) EVP David Udell Receives 2,217-Share Award
What Happened
David Udell, Executive Vice President and Group President – ASPAC at Hyatt Hotels Corporation, was issued 2,217 shares on March 4, 2026. The Form 4 reports these shares as acquired at $0.00 (total reported value $0); a footnote states the shares were issued upon vesting of performance share units granted May 17, 2023 under Hyatt’s Long-Term Incentive Plan (LTIP).
Key Details
- Transaction date and price: 2026-03-04 — 2,217 shares @ $0.00 (acquisition)
- Filing date: 2026-03-06 (filed within the usual Form 4 reporting window)
- Shares owned after transaction: Not disclosed in this Form 4
- Footnote: Shares issued upon vesting of performance share units granted 5/17/2023 under the Fifth Amended and Restated LTIP
- Transaction code: A = Award/Grant (vested performance shares)
Context
This was a compensation-related issuance (vested performance awards), not an open-market purchase or sale. Such vesting reflects achievement of pre-set performance goals and is a routine part of executive compensation; it should not be read as a direct buy/sell signal by the insider.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-03-04+2,217→ 15,963 total
Footnotes (1)
- [F1]Represents shares issued upon the vesting of performance share units in connection with the attainment of certain performance goals set forth in an award agreement. Such performance share units were granted to the reporting person on May 17, 2023 pursuant to the Fifth Amended and Restated Hyatt Hotels Corporation Long-Term Incentive Plan, as amended (the "LTIP").