secwatch.observer — SEC 8-K summary
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Issuer:     Hyatt Hotels Corp (H)
CIK:        0001468174
Form:       8-K
Filed at:   2024-03-25T23:59:59+00:00
Accession:  0001193125-24-076615
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hyatt repurchases 704,229 Class B shares from Pritzker Traubert Foundation for $111.2M
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- Purchased 704,229 Class B shares at $157.9662/share, a $111.2M total cash consideration.
- Shares automatically converted to Class A common and will be retired, reducing share count.
- After repurchase, ~$773M remains under existing authorization; Class B outstanding drops to 56.0M.
- Transaction closed March 25, 2024, under open window period and existing repurchase program.
- All share certificates delivered with Medallion Guarantees; no brokerage fees incurred by either party.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468174/000119312524076615/0001193125-24-076615-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468174/000119312524076615/d813834d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-076615

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