Sanders Dion C. 4

What Happened
Dion C. Sanders, a director of Hyatt Hotels Corporation, received an award of 1,119 restricted stock units (RSUs) on 2026-05-20. The Form 4 reports the acquisition as a derivative award at $0.00 (reported value $0). Each RSU represents the contingent right to one share of Class A Common Stock.

Key Details

• Transaction date: 2026-05-20 (Form 4 filed 2026-05-22, accession 0001680798-26-000013).
• Grant type/code: Award/Grant (code A); 1,119 RSUs granted at $0.00.
• Reported dollar amount: $0 on the Form 4 (RSU award, not an open-market purchase).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 – each RSU equals one share of Class A common stock. F2 – the RSUs were issued under Hyatt’s Long-Term Incentive Plan and are fully vested but will be settled in Class A common stock upon termination of the director’s service (deferred settlement).
• Filing timeliness: Filed two days after the transaction date; appears timely under standard Form 4 rules.

Context
This was a compensation award of RSUs to a non-employee director and not an open-market buy or sale. Although the units are fully vested, they are settled in stock only when the director’s service ends, so this is routine director compensation rather than an immediate purchase signal.