Wolf Kinsey 4
Research Summary
AI-generated summary
Hyatt (H) SVP Wolf Kinsey Sells Shares, Receives RSUs
What Happened
Wolf Kinsey, Senior Vice President, Controller and Chief Accounting Officer of Hyatt Hotels Corp (H), sold a total of 800 shares in open-market transactions and received a grant of 1,212 restricted stock units (RSUs). On 2026-03-19 Kinsey sold 400 shares at $144.34 each for $57,736, and on 2026-03-23 sold another 400 shares at $147.28 each for $58,912 (total proceeds ≈ $116,648). On 2026-03-19 Kinsey was also granted 1,212 RSUs (reported as a derivative award with no immediate cash cost).
Key Details
- Transactions: Sale (S) and Award/Grant (A).
- Sale dates/prices/amounts: 3/19/2026 — 400 shares @ $144.34 = $57,736; 3/23/2026 — 400 shares @ $147.28 = $58,912.
- Award: 3/19/2026 — 1,212 RSUs granted (derivative award, $0 reported).
- Shares owned after transaction: Not specified in this filing.
- Footnotes: F1 — each RSU converts to one Class A common share at settlement; F2 — RSUs issued under Hyatt’s LTIP vest in four substantially equal annual installments beginning March 16, 2027, and will be settled in Class A common stock (subject to earlier settlement on death/disability or change of control).
- Filing: Form 4 filed 2026-03-23 for transactions dated 2026-03-19; this is three business days after the transaction date and appears later than the typical 2-business-day reporting window.
Context
The sales were open-market dispositions (routine insider sales are common and can reflect many reasons other than a view on the company). The RSU grant is a standard long-term incentive: it does not immediately deliver shares but gives the right to receive shares as the award vests over four years beginning March 16, 2027. The filing timing suggests the Form 4 was submitted after the usual 2-business-day deadline.