HOPLAMAZIAN MARK SAMUEL 4

What Happened
Mark Samuel Hoplamazian, Chairman, President and Chief Executive Officer of Hyatt Hotels Corporation (H), received two equity awards on 2026-03-19: 19,918 restricted stock units (RSUs) and 44,326 stock appreciation rights (SARs). Both awards are recorded as derivative acquisitions at $0.00 per unit (no cash paid). The filing shows these are compensation grants under Hyatt’s Long-Term Incentive Plan (LTIP).

Key Details

• Transaction date: 2026-03-19; Form 4 filed: 2026-03-23 (filed 4 days after the transaction; this appears to exceed the SEC’s usual 2-business-day Form 4 deadline).
• Awarded: 19,918 RSUs and 44,326 SARs; grant price reported $0.00 (compensation award).
• Vesting/settlement: RSUs vest and settle in Class A common stock in four substantially equal annual installments beginning March 16, 2027; SARs vest on the same four-year schedule per the LTIP. RSUs may settle earlier upon death, disability or a change of control. (See footnotes F1–F3.)
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Filing notes: awards are derivative (not open-market purchases or sales); no 10b5-1 plan, tax withholding, or immediate cashless sale indicated in the provided details.

Context
RSUs give the holder the right to receive shares upon vesting, while SARs provide value tied to stock price appreciation if and when exercised; both are common executive compensation tools rather than direct market purchases or sales. Because these are compensation grants, they reflect company pay practices and long-term incentives rather than an immediate buy/sell signal. The filing assigns no immediate cash value to the awards; their future value depends on Hyatt’s stock performance and the awards’ vesting/settlement events.