Bottarini Joan 4

What Happened

• Joan Bottarini, Executive Vice President and Chief Financial Officer of Hyatt Hotels Corp., received 8,800 shares on 2026-05-20 upon vesting of performance share units granted under the company LTIP. Those shares were issued at $0.00 (award vesting).
• To satisfy tax withholding, 3,928 of the vested shares were withheld/disposed at an implied value of $173.19 per share, totaling $680,290. Net shares retained from this vesting: 4,872 shares (8,800 granted minus 3,928 withheld).
• This was an award/vesting transaction (not an open-market buy or sale); such withholdings for taxes are routine and do not necessarily signal insider sentiment.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-22 (timely).
• Award: 8,800 shares issued upon vesting of performance share units (original grant date May 21, 2025 under the Fifth Amended and Restated LTIP).
• Tax withholding: 3,928 shares withheld/disposed at $173.19/share = $680,290.
• Net shares retained from the vesting: 4,872 shares.
• Transaction codes: A = Award/Grant; F = tax withholding/payment of tax liability.

Context

• These shares came from vested performance-based awards, not an open-market purchase or voluntary sale. Withholding shares to cover taxes is a common administrative step after vesting and should be viewed as routine rather than a directional insider trade.