VONDRASEK MARK R 4

What Happened
Mark R. Vondrasek, Executive Vice President and Chief Commercial Officer of Hyatt Hotels Corp (H), had vested Restricted Stock Units (RSUs) settle into 5,177 shares of Class A common stock on March 16, 2026. To satisfy tax withholding, the company withheld 2,179 of those shares at $141.33 per share, totaling approximately $307,958. The filing shows the RSU conversion/settlement and the related tax-withholding disposition; the RSU footnote confirms each RSU equals one share at settlement.

Key Details

• Transaction date: 2026-03-16; Form 4 filed 2026-03-18 (no late filing indicated).
• RSUs settled into shares: 1,777 + 1,174 + 907 + 1,319 = 5,177 shares.
• Shares withheld for taxes (Disposition code F): 748 + 494 + 382 + 555 = 2,179 shares; withholding price shown $141.33; withholding cash value ≈ $307,958.
• Net shares delivered to insider after withholding: 5,177 − 2,179 = 2,998 shares.
• Footnote: Each RSU represents the contingent right to receive one share; this transaction is the settlement of vested RSUs.
• Filing codes: M = exercise/conversion of derivative (used here to record RSU settlement); F = shares withheld for tax obligations.
• Shares owned after the transaction: not specified in the filing.

Context
This is a compensation-related RSU settlement (not an open-market purchase or sale). Withholding of shares to cover taxes is routine and does not by itself indicate a buy/sell signal about the executive’s view of the stock. Purchases are generally more informative about insider sentiment; this transaction primarily reflects standard payroll-tax handling of vested equity.