Sears Peter 4

4 · Hyatt Hotels Corp · Filed Mar 18, 2026

AI-generated summary of this filing

Updated Mar 18, 2026

Hyatt (H) EVP Peter Sears Receives 2,655 RSU Shares; 1,005 Withheld

What Happened

Peter Sears, Executive Vice President & Group President – Americas at Hyatt (H), had 2,655 restricted stock units (RSUs) settle into shares on 2026-03-16. To cover tax withholding, 1,005 of those shares were surrendered at $141.33 per share, generating approximately $142,037 in tax withholding. The net shares issued to him after withholding were 1,650.
The Form 4 shows the settlement/conversion of RSU derivatives (reporting code M) and the share disposals for tax withholding (reporting code F). Some derivative lines show $0 value reflecting conversion/cancellation of the RSU units on settlement.

Key Details

Transaction date: 2026-03-16; Form filed: 2026-03-18 (timely filing).
Gross shares settled: 2,655 RSUs converted to shares (710 + 637 + 572 + 736).
Shares withheld for taxes: 1,005 (193 + 261 + 241 + 310) at $141.33/share = $142,037 total withheld.
Net shares issued to insider: 1,650 shares (2,655 − 1,005).
Footnote: Each RSU equals the contingent right to one share on settlement; this filing represents settlement of vested RSUs.
This was a sell-to-cover/tax withholding transaction (routine), not an open-market sale or a purchase.
Shares owned after the transaction: not specified in the provided excerpt.

Context

This is a routine RSU vesting and tax-withholding event—common compensation-related activity. It does not indicate an open-market sale of shares for investment reasons. The “M” code reflects conversion/exercise of a derivative (here, RSUs settling into stock); the “F” code reflects shares surrendered to pay tax withholding.

Form 4

Period: 2026-03-16

See Remarks

Transactions

Exercise/Conversion
Class A Common Stock
[F1]
2026-03-16+710→ 8,581 total
Tax Payment
Class A Common Stock
2026-03-16$141.33/sh−193$27,277→ 8,388 total
Exercise/Conversion
Class A Common Stock
[F1]
2026-03-16+637→ 9,025 total
Tax Payment
Class A Common Stock
2026-03-16$141.33/sh−261$36,887→ 8,764 total
Exercise/Conversion
Class A Common Stock
[F1]
2026-03-16+572→ 9,336 total
Tax Payment
Class A Common Stock
2026-03-16$141.33/sh−241$34,061→ 9,095 total
Exercise/Conversion
Class A Common Stock
[F1]
2026-03-16+736→ 9,831 total
Tax Payment
Class A Common Stock
2026-03-16$141.33/sh−310$43,812→ 9,521 total
Exercise/Conversion
Restricted Stock Units
[F1]
2026-03-16−710→ 0 total
From: 2026-03-16Exp: 2026-03-16→ Class A Common Stock (710 underlying)
Exercise/Conversion
Restricted Stock Units
[F1]
2026-03-16−637→ 640 total
From: 2026-03-16Exp: 2026-03-16→ Class A Common Stock (637 underlying)
Exercise/Conversion
Restricted Stock Units
[F1]
2026-03-16−572→ 1,147 total
From: 2026-03-16Exp: 2026-03-16→ Class A Common Stock (572 underlying)
Exercise/Conversion
Restricted Stock Units
[F1]
2026-03-16−736→ 2,209 total
From: 2026-03-16Exp: 2026-03-16→ Class A Common Stock (736 underlying)

Footnotes (1)

[F1]Each Restricted Stock Unit ("RSU") represents the contingent right to receive, at settlement, one share of Class A Common Stock. This transaction represents the settlement of vested RSUs in shares of Class A Common Stock.

Signature

Margaret C. Egan, Attorney-in-fact|2026-03-18

1 file