Form 4: Hyatt Executive Peter Sears Reports Stock Transactions

Peter Sears, an Executive Vice President at Hyatt Hotels Corp, reported the acquisition of 534 shares and the disposal of 237 shares of Class A Common Stock on December 12, 2024.

Summary

• Peter Sears, an Executive Vice President at Hyatt Hotels Corp, filed a Form 4 detailing changes in his beneficial ownership of company stock.
• On December 12, 2024, Mr. Sears acquired 534 shares of Class A Common Stock through the settlement of vested Restricted Stock Units (RSUs).
• Also on December 12, 2024, Mr. Sears disposed of 237 shares of Class A Common Stock at a price of $159.53 per share.
• Following these transactions, Mr. Sears directly owns 5,365 shares of Class A Common Stock and 1,602 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a routine filing of stock transactions by an executive, and does not indicate any positive or negative sentiment.

Management Comments

• The document was signed by Margaret C. Egan, Attorney-in-fact for Peter Sears.

Industry Context

This is a routine filing related to executive stock transactions and is common for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, as mandated by the SEC.
• Similar filings are made by executives at other hotel chains such as Marriott International and Hilton Worldwide when they trade company stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and trading activity.

Key Dates

Keywords

Form 4, Hyatt Hotels Corp, Peter Sears, Class A Common Stock, Restricted Stock Units, Beneficial Ownership, Stock Transaction, Executive Vice President