TSPV P.G. Trust filed a Form 4 with the SEC on October 30, 2026, disclosing the sale of a combined 35,000 shares of Hyatt Hotels Corp Class B Common Stock on October 29, 2026, which converted to Class A Common Stock upon transfer.

Key Highlights

  • First transaction: 33,827 shares of Class B Common Stock were sold on October 29, 2026, at a weighted average price of $183.838 per share, with prices ranging from $183.44 to $184.39.
  • Second transaction: 1,173 shares of Class B Common Stock were sold on October 29, 2026, at a weighted average price of $184.626 per share, with prices ranging from $184.45 to $184.71.
  • Post-transaction ownership: Following the two sales, the reporting person directly beneficially owned 162,969 shares of Class A Common Stock.
  • Conversion mechanism: According to the filing, each share of Class B Common Stock converts automatically into one share of Class A Common Stock upon any transfer, subject to certain permitted transfer exceptions.
  • Reporting person status: TSPV P.G. Trust may be deemed a member of a 10% owner group due to voting agreements and transfer restrictions, according to the filing's remarks section.
  • Disclaimer: The reporting person "disclaims beneficial ownership of the securities reported herein except to the extent of the pecuniary interest therein," as stated in the filing.

TSPV P.G. Trust Discloses Two-Tranche Class B Share Sale at Hyatt Hotels Corp

According to the Form 4 filed on October 30, 2026, TSPV P.G. Trust, a Jackson, Wyoming-based entity, reported two separate dispositions of Hyatt Hotels Corp (NYSE:H) Class B Common Stock on October 29, 2026. The first tranche involved 33,827 shares sold at a weighted average price of $183.838, with individual sale prices spanning from $183.44 to $184.39. The second tranche covered 1,173 shares sold at a weighted average price of $184.626, with individual prices ranging from $184.45 to $184.71.

The filing notes that, per Hyatt Hotels Corp's Amended and Restated Certificate of Incorporation, each share of Class B Common Stock converts automatically into one share of Class A Common Stock upon transfer, unless the transfer qualifies as a permitted transfer under that document. As a result of the two transactions, the reported direct beneficial ownership of Class A Common Stock stood at 162,969 shares following the second sale, down from 164,142 shares after the first.

The filing was signed by Toni Burt as Authorized Signatory on behalf of 1953 Private Family Trust Company LLC on October 30, 2026. The remarks section of the filing states that TSPV P.G. Trust "may be deemed to be a member of a 10% owner group because the Reporting Person has agreed to certain voting agreements and limitations on transfers of shares of Class A Common Stock and Class B Common Stock." The reporting person undertakes to provide full information regarding the number of shares sold at each separate price to Hyatt Hotels Corporation, any security holder, or SEC staff upon request.

What Was Disclosed

TSPV P.G. Trust disclosed the sale of 35,000 total shares of Hyatt Hotels Corp Class B Common Stock on October 29, 2026, across two tranches at weighted average prices of $183.838 and $184.626, leaving direct beneficial ownership of 162,969 Class A shares.