VONDRASEK MARK R 4

What Happened
Mark R. Vondrasek, Executive Vice President and Chief Commercial Officer of Hyatt Hotels Corporation, received 9,900 shares upon vesting of performance share units on May 20, 2026. To satisfy tax withholding, 4,414 of those shares were surrendered (disposed) at a reported value of $173.19 per share, totaling $764,461. Net shares issued to him after withholding were 5,486.

Key Details

• Transaction date: May 20, 2026 (reported on Form 4 filed May 22, 2026) — filing appears timely.
• Award: 9,900 shares issued (transaction code A — award/grant/acquisition).
• Withholding: 4,414 shares withheld/surrendered for tax liability (transaction code F) at $173.19/share = $764,461.
• Net shares received: 9,900 − 4,414 = 5,486 shares.
• Footnote: Shares issued upon vesting of performance share units granted May 21, 2025 under Hyatt’s LTIP.
• Shares owned after transaction: not specified in the provided filing.

Context

• This was not an open-market buy or sell: it was the vesting of long-term incentive (performance) shares with shares withheld to cover taxes — a routine administrative step rather than a directional trade signal.
• The F code indicates tax withholding; no option exercise or 10b5-1 plan is reported in this filing.