VONDRASEK MARK R 4
Research Summary
AI-generated summary
Hyatt (H) EVP Mark Vondrasek Sells 6,500 Shares
What Happened
- Mark R. Vondrasek, Executive Vice President and Chief Commercial Officer of Hyatt Hotels Corp (H), reported a sale and grant. He sold 6,500 shares in an open-market sale on 2026-03-23 for a weighted average price of $147.18, generating about $956,670. On 2026-03-19 he was granted derivative awards: 4,468 restricted stock units (RSUs) and 9,944 stock appreciation rights (SARs), each reported with a $0 acquisition price (i.e., awards, not purchases).
Key Details
- Transactions: Sale (S) of 6,500 shares on 2026-03-23; Grants/Awards (A) of 4,468 RSUs and 9,944 SARs on 2026-03-19.
- Sale price: weighted average $147.18 per share; reported range $147.06–$147.37 (F1). Total proceeds ≈ $956,670.
- RSU/SAR terms: RSUs convert 1-for-1 into Class A shares at settlement (F2). RSUs and SARs vest in four substantially equal annual installments beginning March 16, 2027 (F3, F4). RSUs settle in stock upon vesting; earlier settlement possible on death, disability, or change of control.
- Shares owned after the transactions: not disclosed in this filing.
- Timeliness: Filing dated 2026-03-23; sale and grants were reported within the standard two-business-day Form 4 window (not marked late).
- Footnote: The sale price is a weighted average across multiple trades; the filer can provide per-trade prices on request (F1).
Context
- The grants are time-based equity awards (RSUs and SARs) that vest over four years; they represent future compensation rather than an immediate purchase of stock. The sale was an open-market disposal and does not, by itself, indicate insider sentiment. The filing lists Vondrasek’s role as Executive VP, Chief Commercial Officer.