VONDRASEK MARK R 4
4 · Hyatt Hotels Corp · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Hyatt (H) EVP Mark Vondrasek Receives Award; Shares Withheld
What Happened
Mark R. Vondrasek, Executive Vice President & Chief Commercial Officer of Hyatt Hotels Corp., had performance share units vest on March 4, 2026. He was issued 5,175 and 9,005 shares (total 14,180 shares) as awards (priced $0.00). To satisfy tax withholding, 2,298 and 3,678 shares (total 5,976 shares) were surrendered/disposed at $162.00 per share, resulting in cash value of $372,276 and $595,836 respectively (total ~$968,112). Net shares retained from the vesting: 8,204 shares.
Key Details
- Transaction date(s): March 4, 2026; Form 4 filed March 6, 2026. No late filing indicated.
- Awards: 5,175 shares (grant tied to May 17, 2023 award) and 9,005 shares (grant tied to Dec 8, 2022 award) vested under Hyatt’s LTIP. Both acquisitions reported as Code A (award).
- Tax withholding (Code F): 2,298 and 3,678 shares withheld at $162.00/share to cover tax liabilities; total withheld value ≈ $968,112.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnotes: F1 and F2 indicate the vested shares were performance share units granted under the Fifth Amended and Restated Hyatt LTIP (dates above).
Context
These transactions reflect PSU vesting and routine tax-withholding (surrender of shares to cover taxes), not an open-market sale or a discretionary cash sale. Awards (A) are acquisitions via compensation; withholding (F) is a common mechanism to satisfy tax obligations and should not be interpreted as a directional trade signal.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-03-04+5,175→ 12,175 total - Tax Payment
Class A Common Stock
2026-03-04$162.00/sh−2,298$372,276→ 9,877 total - Award
Class A Common Stock
[F2]2026-03-04+9,005→ 18,882 total - Tax Payment
Class A Common Stock
2026-03-04$162.00/sh−3,678$595,836→ 15,204 total
Footnotes (2)
- [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").
- [F2]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 December 8, 2022 pursuant to the LTIP.