Udell David 4

What Happened David Udell, Executive Vice President, Group President – ASPAC at Hyatt Hotels Corp (H), was granted a total of 5,724 derivative awards on March 19, 2026: 1,774 units and 3,950 units reported as awards (transaction code A) at $0.00 per unit (no cash paid). These awards consist of restricted stock units (RSUs) and stock appreciation rights (SARs) issued under Hyatt’s Long-Term Incentive Plan and will vest in installments beginning March 16, 2027. No immediate shares or cash were exchanged at grant.

Key Details

• Transaction date: 2026-03-19; filing date: 2026-03-23 (timely within required reporting window).
• Awards: 1,774 units and 3,950 units (total 5,724); reported price $0.00 (grant).
• Shares owned after transaction: not specified in the filing.
• Footnotes:
  • RSUs represent the right to receive one share of Class A common stock at settlement.
  • RSUs and SARs vest in four substantially equal annual installments beginning March 16, 2027; RSUs settle in Class A common stock and may be settled earlier upon death, disability, or change of control.
• Role per filing: Executive Vice President, Group President - ASPAC.

Context RSUs are contingent rights to receive stock in the future; SARs pay the economic gain in stock based on appreciation. These are compensation grants (not purchases or sales) and do not create an immediate market transaction or cash inflow. Grants are common executive compensation and should be interpreted as long-term incentive awards rather than an immediate bullish or bearish trading signal.