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Hyatt Hotels Corp·4

Mar 6, 4:57 PM ET

Sears Peter 4

Research Summary

AI-generated summary

Updated

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.