Sears Peter 4
4 · Hyatt Hotels Corp · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Hyatt (H) Exec VP Peter Sears Receives Award; 828 Shares Withheld
What Happened
Peter Sears, Executive Vice President and Group President — Americas at Hyatt Hotels Corporation, received 2,809 shares on March 4, 2026 upon vesting of performance share units (award). To satisfy tax withholding, 828 of those shares were surrendered/disposed at $162.00 per share, generating approximately $134,136. The award shares were reported as acquired at $0.00 (grant/vest).
Key Details
- Transaction dates: March 4, 2026 (reported on Form 4 filed March 6, 2026). Filing appears timely.
- Awards: 2,809 shares issued (code A, reported at $0.00).
- Tax withholding: 828 shares withheld/disposed (code F) at $162.00 per share for ~$134,136.
- Footnote: The shares were issued upon vesting of performance share units granted May 17, 2023 under Hyatt’s LTIP (per footnote F1).
- Shares owned after the transaction: not specified in the provided excerpt.
Context
This was a compensation-related issuance (vesting of performance shares), not an open‑market buy or a voluntary sale. The disposal of 828 shares was a routine tax withholding to cover the employee’s tax liability on the vested award, which is common and does not necessarily indicate the insider’s market view.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-03-04+2,809→ 8,699 total - Tax Payment
Class A Common Stock
2026-03-04$162.00/sh−828$134,136→ 7,871 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").