Udell David 4
4 · Hyatt Hotels Corp · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Hyatt (H) EVP David Udell Receives Award of 3,300 Shares
What Happened
David Udell, Executive Vice President and Group President — ASPAC of Hyatt Hotels Corporation, was issued 3,300 shares on May 20, 2026 as the result of vested performance share units. The Form 4 lists the transaction as an award/acquisition (code A) with a reported price of $0.00 (i.e., shares issued on vesting rather than a market purchase). The underlying PSUs were originally granted on May 21, 2025 under Hyatt’s Fifth Amended and Restated Long-Term Incentive Plan (LTIP) and vested upon attainment of specified performance goals.
Key Details
- Transaction date: 2026-05-20; Form 4 filed: 2026-05-22 (timely filing)
- Transaction type/code: Award/Grant (A)
- Shares issued: 3,300; reported price per share: $0.00 (award issuance)
- Footnote: Shares represent PSUs granted 5/21/2025 under the LTIP that vested when performance goals were met
- Shares owned after transaction: not specified on the filing
- No sale or open‑market purchase reported — this is compensation, not investment activity
Context
Performance share unit vestings are a common form of long‑term executive compensation and reflect contractually earned equity rather than a purchase or sale decision. Such awards can dilute existing shareholders slightly but do not necessarily signal management buying or selling intent.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-05-20+3,300→ 16,638 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 21, 2025 pursuant to the Fifth Amended and Restated Hyatt Hotels Corporation Long-Term Incentive Plan, as amended (the "LTIP").