secwatch.observer — SEC 8-K summary
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Issuer:     Hyatt Hotels Corp (H)
CIK:        0001468174
Form:       8-K
Filed at:   2022-12-09T23:59:59+00:00
Accession:  0001193125-22-301831
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hyatt director Pamela Nicholson resigns; 2023-2025 PSUs granted to CCO Vondrasek
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- Pamela M. Nicholson resigned from the Board on Dec 6, 2022; no disagreement with the company.
- Board size reduced from 12 to 11 members on Dec 8, 2022.
- Mark R. Vondrasek (CCO) granted 18,011 target PSUs for 2023-2025 performance period.
- PSU vesting contingent on Direct Distribution Channel growth, Loyalty Room Night Penetration growth, and EBITDA threshold.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468174/000119312522301831/0001193125-22-301831-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468174/000119312522301831/d408470d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-301831

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer