Udell David 4

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.