Hyatt Hotels Ownership Update

Ticker: H · Form: SC 13D/A · Filed: 2024-06-20T00:00:00.000Z

Sentiment: neutral

Topics: ownership-change, sec-filing, schedule-13d

Related Tickers: H

TL;DR

Pritzker group updates Hyatt stake filing - ownership changes afoot.

AI Summary

On June 20, 2024, UDQ Private Trust Company, LLC, as part of a group including GHHC, L.L.C. and Gigi Pritzker Pucker, filed an amendment (Amendment No. 26) to their Schedule 13D regarding Hyatt Hotels Corporation. This filing indicates a change in beneficial ownership of the company's Class A Common Stock.

Why It Matters

This filing signals potential shifts in control or significant investment stakes in Hyatt Hotels Corporation, which could influence the company's strategic direction and stock performance.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, introducing uncertainty.

Key Numbers

Key Players & Entities

FAQ

What specific changes in beneficial ownership are detailed in this Amendment No. 26?

The filing is an amendment to a Schedule 13D, indicating a change in beneficial ownership, but the specific details of the change (e.g., percentage increase/decrease, number of shares) are not provided in the header information.

Who are the members of the group filing this amendment?

The group members are identified as GHHC, L.L.C. and Gigi Pritzker Pucker.

What is the subject company of this filing?

The subject company is Hyatt Hotels Corporation.

When was this amendment filed?

This amendment was filed on June 20, 2024.

What type of securities are being reported on?

The filing pertains to the Class A Common Stock of Hyatt Hotels Corporation, with a par value of $0.01 per share.

From the Filing

0001193125-24-164566.txt : 20240620 0001193125-24-164566.hdr.sgml : 20240620 20240620171249 ACCESSION NUMBER: 0001193125-24-164566 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240620 DATE AS OF CHANGE: 20240620 GROUP MEMBERS: GHHC, L.L.C. GROUP MEMBERS: GIGI PRITZKER PUCKER SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Hyatt Hotels Corp CENTRAL INDEX KEY: 0001468174 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 201480589 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-85070 FILM NUMBER: 241057429 BUSINESS ADDRESS: STREET 1: 150 NORTH RIVERSIDE PLAZA STREET 2: 8TH FLOOR CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: (312) 750-1234 MAIL ADDRESS: STREET 1: 150 NORTH RIVERSIDE PLAZA STREET 2: 8TH FLOOR CITY: CHICAGO STATE: IL ZIP: 60606 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: UDQ Private Trust Company, LLC CENTRAL INDEX KEY: 0001652231 ORGANIZATION NAME: IRS NUMBER: 473851173 STATE OF INCORPORATION: SD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 350 SOUTH MAIN AVENUE STREET 2: SUITE 402 CITY: SIOUX FALLS STATE: SD ZIP: 57104 BUSINESS PHONE: 605-275-5890 MAIL ADDRESS: STREET 1: 350 SOUTH MAIN AVENUE STREET 2: SUITE 402 CITY: SIOUX FALLS STATE: SD ZIP: 57104 SC 13D/A 1 d796948dsc13da.htm SC 13D/A SC 13D/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13D [Rule 13d-101] INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO § 204.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13d-2(a) (Amendment No. 26) Hyatt Hotels Corporation (Name of Issuer) Class A Common Stock, $0.01 par value per share (Title of Class of Securities) 448579102 (CUSIP Number) Cathy A. Birkeland, Esq. Alexa M. Berlin, Esq. Latham & Watkins LLP 330 N. Wabash Avenue, Suite 2800 Chicago, Illinois 60611 (312) 876-7700 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 17, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐ (Continued on following pages) (Page 1 of 12 Pages) The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 448579102 13D Page 2 of 12 Pages  1.   Names of Reporting Persons  I.R.S. Identification Nos. of Above Persons (Entities Only)  UDQ Private Trust Company, LLC, solely as trustee of the trusts listed on Appendix A -1 and Appendix A-2 .  2.  Check the Appropriate Box if a Member of a Group  (a) ☒  (b) ☐  3.  SEC Use Only  4.  Source of Funds  OO  5.  Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐  6.  Citizenship or Place of Organization  United States NUMBER OF SHARES  BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH  7.   Sole Voting Power  0  8.  Shared Voting Power  17,554,636*  9.  Sole Dispositive Power  0 10.  Shared Dispositive Power  17,554,636* 11.   Aggregate Amount Beneficially Owned by Each Reporting Person  17,554,636* 12.  Check if the Aggregate Amount in Row (11) Excludes Certain Shares  ☒ 13.  Percent of Class Repr

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