Egan Margaret C. 4
Research Summary
AI-generated summary
Hyatt (H) EVP Margaret Egan Receives 4,389 RSU Shares
What Happened
Margaret C. Egan, Executive Vice President, General Counsel and Secretary of Hyatt Hotels Corp (H), had 4,389 restricted stock units (RSUs) vest and convert into 4,389 shares on March 16, 2026. To cover tax withholding, 1,850 shares were surrendered (disposed) at a withholding price of $141.33 per share for total tax withholding of $261,461. After withholding, Egan received a net 2,539 shares (4,389 gross − 1,850 withheld), worth roughly $358,837 at $141.33/share. This was a settlement of compensation RSUs (not an open-market purchase or voluntary sale).
Key Details
- Transaction date: 2026-03-16; Form 4 filed 2026-03-18 (timely).
- Gross shares settled: 4,389 RSUs converted to 4,389 shares.
- Shares withheld for taxes (code F): 1,850 shares at $141.33/share = $261,461.
- Net shares delivered: 2,539 shares (approx. $358,837 at $141.33).
- Footnote: RSUs represent contingent rights to receive one share at settlement; this filing reports the settlement of vested RSUs.
- Disposal code F indicates tax withholding (not an open-market sale). The filing excerpt does not list total shares owned after the transaction.
Context
This is routine equity-compensation settlement: vested RSUs converting to shares with a portion withheld to satisfy tax obligations. Such transactions reflect compensation mechanics rather than an intentional buy/sell signal by the insider.