Bottarini Joan 4
Research Summary
AI-generated summary
Hyatt (H) CFO Joan Bottarini Receives Award; Tax Withholding
What Happened
Joan Bottarini, Executive Vice President and Chief Financial Officer of Hyatt Hotels Corporation, received 7,097 shares on March 4, 2026 upon the vesting of performance share units (PSUs). To cover tax withholding, 2,854 of those shares were disposed at $162.00 per share, for proceeds of $462,348. The filing shows an award (code A) and a tax withholding disposition (code F).
Key Details
- Transaction date: 2026-03-04; Filing date: 2026-03-06 (appears timely).
- Award: 7,097 shares issued upon PSU vesting (reported as $0 acquisition price).
- Tax withholding/disposition: 2,854 shares @ $162.00 each = $462,348 (code F).
- Footnote: Shares were issued upon vesting of PSUs granted May 17, 2023 under Hyatt’s Long-Term Incentive Plan (LTIP).
- Shares owned after the transaction: not specified in the Form 4 filing.
Context
This was a compensation-related issuance (vested performance shares) rather than an open-market buy or a voluntary sale. The sale/disposition here reflects tax withholding associated with the vesting event, which is routine for equity awards and does not by itself indicate the insider’s market view.