Sears Peter 4
4 · Hyatt Hotels Corp · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Hyatt (H) EVP Peter Sears Receives RSU and SAR Award
What Happened
- Peter Sears, Executive Vice President and Group President – Americas at Hyatt Hotels Corp, was granted equity awards on March 19, 2026: 2,078 restricted stock units (RSUs) and 4,625 stock appreciation rights (SARs). Both awards are reported as derivative acquisitions at $0.00 (no cash purchase).
Key Details
- Transaction date: 2026-03-19; filing date: 2026-03-23 (Form 4 filed within the required two-business-day window).
- Grant details: 2,078 RSUs and 4,625 SARs; reported acquisition price $0.00; reported value at grant $0.
- Vesting: Both awards vest in four substantially equal annual installments beginning March 16, 2027 (per filing footnotes).
- RSU settlement: Each RSU converts to one share of Class A common stock upon settlement (footnote F1/F2).
- SARs: Vest over the same four-year schedule; SARs provide value tied to future stock appreciation (footnote F3).
- Shares owned after transaction: not specified in the excerpt of the filing.
- Transaction code: A = Award/Grant (derivative securities). Filing appears timely (not late).
Context
- RSUs represent a contingent right to receive company stock at settlement; they are not an immediate purchase or sale. SARs are derivative awards whose payout depends on future stock price appreciation and may be settled per plan terms.
- Equity awards to executives are common for incentive compensation and do not by themselves indicate near-term buying or selling of company stock.
Insider Transaction Report
Form 4
Sears Peter
See Remarks
Transactions
- Award
Restricted Stock Units
[F1][F2]2026-03-19+2,078→ 2,078 total→ Class A Common Stock (2,078 underlying) - Award
Stock Appreciation Rights
[F3]2026-03-19+4,625→ 4,625 totalExercise: $144.34Exp: 2036-03-19→ Class A Common Stock (4,625 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit ("RSU") represents the contingent right to receive, at settlement, one share of Class A Common Stock.
- [F2]The RSUs issued pursuant to the Fifth Amended and Restated Hyatt Hotels Corporation Long-Term Incentive Plan, as amended ("LTIP"), vest and become payable in four substantially equal annual installments beginning on March 16, 2027. The RSUs will be settled in Class A Common Stock upon vesting, subject to earlier settlement upon death or disability or a change of control of the Issuer.
- [F3]The stock appreciation rights issued pursuant to the LTIP vest in four substantially equal annual installments beginning on March 16, 2027.
Signature
Margaret C. Egan, Attorney-in-fact|2026-03-23