Form 4: ECI Trust Theodore Sells 6,276 Shares of Hyatt Hotels Corp (H)

ECI Trust Theodore, potentially a member of a 10% owner group, disposed of 6,276 shares of Hyatt Hotels Corp Class B Common Stock, convertible to Class A Common Stock, at a weighted average price of $152.0059 on April 15, 2024.

Summary

• On April 15, 2024, ECI Trust Theodore sold 6,276 shares of Hyatt Hotels Corp Class B Common Stock.
• The shares were sold at a weighted average price of $152.0059.
• The highest price at which shares were sold was $152.15, and the lowest price was $152.00.
• Following the transaction, the reporting person beneficially owns 103,492 shares of Class A Common Stock.
• The reporting person may be deemed a member of a 10% owner group due to voting agreements and transfer limitations.
• The reporting person disclaims beneficial ownership except to the extent of pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about a stock sale.

Management Comments

• The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of the pecuniary interest therein.

Industry Context

This Form 4 filing indicates a change in beneficial ownership of Hyatt Hotels Corp shares. Such filings are common and provide transparency into the transactions of company insiders and significant shareholders. The sale of shares by a potentially large shareholder could be monitored by the market for further activity.

Stakeholder Impact

• The sale of shares could potentially influence the market perception of Hyatt Hotels Corp, although the impact is likely to be minimal given the size of the transaction relative to the company's overall market capitalization.

Key Dates