Egan Margaret C. 4
Research Summary
AI-generated summary
Hyatt (H) — Margaret Egan Receives RSU/SAR Awards
What Happened
- Margaret C. Egan, Executive Vice President, General Counsel and Secretary of Hyatt Hotels Corp (H), received two awards reported as derivative grants on March 19, 2026: 3,741 units and 8,325 units, for a total of 12,066 award units. The awards were granted at $0.00 (typical for compensation grants) and are reported as derivative instruments (restricted stock units and stock appreciation rights).
Key Details
- Transaction date: March 19, 2026; Form 4 filed March 23, 2026 (timely filing).
- Awards and counts: 3,741 units and 8,325 units — total 12,066 units; acquisition price reported $0.00 (grant).
- Instrument types (per filing footnotes): Restricted Stock Units (RSUs) and stock appreciation rights (SARs). Each RSU represents the contingent right to receive one share of Class A common stock upon settlement.
- Vesting: RSUs and SARs vest in four substantially equal annual installments beginning March 16, 2027; RSUs will be settled in Class A common stock when vested (subject to earlier settlement on death, disability, or change in control).
- Shares owned after transaction: Not specified in the filing.
- Transaction code: A = Award/Grant (not a purchase or sale).
Context
- These are compensation awards (not open-market purchases or sales). RSU grants and SARs are standard long-term incentive plan awards; their economic value is realized only as they vest and (for RSUs) are settled. Such grants are common executive compensation and do not by themselves indicate a buy/sell signal.