Lalvani Amar 4

What Happened

• Amar Lalvani, Executive Vice President, President & Creative Director – Lifestyle at Hyatt Hotels Corp (H), received derivative awards on March 19, 2026 totaling 22,343 units (6,927 and 15,416 in two grant lines). Each grant was reported at $0.00 on the Form 4 because these are long‑term incentive awards (not open‑market purchases or sales).
• The awards include restricted stock units (RSUs) that represent the right to receive one share of Class A common stock at settlement and stock appreciation rights (SARs) under Hyatt’s Long‑Term Incentive Plan (LTIP). These awards vest in four substantially equal annual installments beginning March 16, 2027 and will be settled in Class A common stock upon vesting (subject to earlier settlement on death, disability, or change in control).

Key Details

• Transaction date: 2026-03-19; Form 4 filed: 2026-03-23 (timely filing).
• Award amounts: 6,927 units and 15,416 units (total 22,343 units); reported price $0.00 (typical for grants/derivative awards).
• Instrument types: RSUs (contingent right to one share at settlement) and SARs (value tied to stock appreciation) under the LTIP — see footnotes F1–F3.
• Vesting: Four substantially equal annual installments starting 3/16/2027; settlement in Class A common stock upon vesting.
• Shares owned after transaction: Not disclosed in the provided filing.
• No signs of a sale or purchase of existing shares — these are compensation awards, not market transactions.

Context

• For retail investors: RSUs and SARs are compensation vehicles that do not represent immediately tradable shares. They signal company compensation decisions rather than direct insider buying or selling. Vesting over multiple years means any share issuance or dilution will be gradual and contingent on continued service (or certain other events).