Jacheet Marc 4
Research Summary
AI-generated summary
Hyatt EVP Jacheet Marc Receives 613 RSU Shares (222 Withheld)
What Happened
- Jacheet Marc, Executive Vice President, Group President — EAME at Hyatt Hotels Corp (H), had 613 Restricted Stock Units (RSUs) settle into 613 shares on 2026-03-16.
- To cover tax withholding, 222 of those shares were surrendered at $141.33 per share for a withholding of $31,375, leaving a net of 391 shares. Gross value of the 613 shares was about $86,635; net value retained roughly $55,260.
- This was an award settlement (not an open-market buy or sell).
Key Details
- Transaction date: 2026-03-16; Form 4 filed 2026-03-18 (timely filing).
- Transactions reported: conversion/settlement of RSUs (code M) and tax withholding (code F). One derivative conversion shows $0 exercise price (typical for RSU settlement).
- Shares received (gross): 613; shares withheld for taxes: 222 at $141.33 each = $31,375; net shares retained: 391.
- Shares owned after transaction: not specified in the filing.
- Footnote: Each RSU converts to one share at settlement; this filing documents the settlement of vested RSUs.
Context
- This is an award/settlement transaction (company compensation), not a market purchase or sale — tax-withholding via share surrender is common and does not necessarily indicate a view on the stock.
- Codes: M = exercise/conversion of derivative (here, RSU → shares), F = payment of exercise price or tax liability (withholding).