Form 4: Hyatt Executive Vondrasek Settles Restricted Stock Units

Mark R. Vondrasek, Executive Vice President and Chief Commercial Officer of Hyatt Hotels Corporation, settled vested Restricted Stock Units (RSUs) for Class A Common Stock on March 16, 2024.

Summary

• On March 16, 2024, Mark R. Vondrasek, an Executive Vice President and Chief Commercial Officer at Hyatt Hotels Corporation, engaged in multiple transactions involving Class A Common Stock.
• These transactions involved the settlement of vested Restricted Stock Units (RSUs) into shares of Class A Common Stock.
• Vondrasek acquired shares through the settlement of RSUs and simultaneously disposed of shares to cover tax obligations.
• The price per share for the disposition of shares to cover tax obligations was $153.6.
• After these transactions, Vondrasek directly owns varying amounts of Class A Common Stock and Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares, but the effect is likely negligible.

Key Dates