SEC FORM 4

SEC FORM 4 SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pritzker Thomas

(Last)

(First)

(Middle)

150 NORTH RIVERSIDE PLAZA, SUITE 3300

(Street)

CHICAGO,

60606

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Hyatt Hotels Corp [ H ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)	X	Other (specify below)
			See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	⁽¹⁾	01/01/2026		G		7,857,587		⁽¹⁾	⁽¹⁾	Class A Common Stock	7,857,587	$0	9,474,171⁽²⁾	I	See Footnote⁽³⁾
Class B Common Stock	⁽¹⁾							⁽¹⁾	⁽¹⁾	Class A Common Stock	50,963		50,963	D
Class B Common Stock	⁽¹⁾							⁽¹⁾	⁽¹⁾	Class A Common Stock	11,338,027		11,338,027	I	See Footnote⁽⁴⁾
Class B Common Stock	⁽¹⁾							⁽¹⁾	⁽¹⁾	Class A Common Stock	3,413		3,413	I	See Footnote⁽⁵⁾
Class B Common Stock	⁽¹⁾							⁽¹⁾	⁽¹⁾	Class A Common Stock	5,971		5,971	I	See Footnote⁽⁶⁾
Class B Common Stock	⁽¹⁾							⁽¹⁾	⁽¹⁾	Class A Common Stock	5,971		5,971	I	See Footnote⁽⁷⁾

Explanation of Responses:

1. As provided in the Issuer's Amended and Restated Certificate of Incorporation, each share of Class B Common Stock is convertible at any time, at the option of the holder, into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers described in the Issuer's Amended and Restated Certificate of Incorporation.

2. Includes 1,616,584 shares of Class B Common Stock previously reported as indirectly held by the Reporting Person that were transferred by certain trusts for which Maroon Private Trust Company, LLC serves as trustee on January 1, 2026.

3. Represents shares of Class B Common Stock held of record by 1902 Capital, LLC, a manager-managed limited liability company managed by a limited liability company controlled by the Reporting Person, and in such capacity, the Reporting Person may, for purposes hereof, be deemed to beneficially own such shares.

4. Represents shares of Class B Common Stock held of record by THHC, L.L.C. and previously reported as indirectly held by the Reporting Person. As of January 1, 2026, THHC, L.L.C. is a manager-managed limited liability company managed by a limited liability company controlled by the Reporting Person, and in such capacity, the Reporting Person may, for purposes hereof, be deemed to beneficially own such shares.

5. Represents shares of Class B Common Stock previously reported as indirectly held by the Reporting Person and held by JNP ECI Investments, LLC, a manager-managed limited liability company wholly owned by a trust for which Maroon Private Trust Company, LLC serves as trustee. Maroon Private Trust Company, LLC is a manager-managed limited liability company, the sole member of which is Maroon Trust. The Reporting Person is the trustee of Maroon Trust and in such capacity may, for the purposes hereof, be deemed to beneficially own the shares held by JNP ECI Investments, LLC.

6. Represents shares of Class B Common Stock previously reported as indirectly held by the Reporting Person and held by BTP ECI Investments, LLC, a manager-managed limited liability company wholly owned by a trust for which Maroon Private Trust Company, LLC serves as trustee. Maroon Private Trust Company, LLC is a manager-managed limited liability company, the sole member of which is Maroon Trust. The Reporting Person is the trustee of Maroon Trust and in such capacity may, for the purposes hereof, be deemed to beneficially own the shares held by BTP ECI Investments, LLC.

7. Represents shares of Class B Common Stock previously reported as indirectly held by the Reporting Person and held by DTP ECI Investments, LLC, a manager-managed limited liability company wholly owned by a trust for which Maroon Private Trust Company, LLC serves as trustee. Maroon Private Trust Company, LLC is a manager-managed limited liability company, the sole member of which is Maroon Trust. The Reporting Person is the trustee of Maroon Trust and in such capacity may, for the purposes hereof, be deemed to beneficially own the shares held by DTP ECI Investments, LLC.

Remarks:

Executive Chairman of Board of Directors. Member of 10% owner group. The Reporting Person may be deemed to be a member of a 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 disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.

	/s/ Thomas J. Pritzker	01/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

SEC Form 4 filed by Director Pritzker Thomas