Insider Trading February 20, 2026

Hyatt CFO Sells $304,063 in Class A Shares; Transaction Conducted Under Pre-arranged Plan

Joan Bottarini executed a sale as Hyatt trades near its 52-week high amid mixed earnings and board leadership changes

By Leila Farooq H
Hyatt CFO Sells $304,063 in Class A Shares; Transaction Conducted Under Pre-arranged Plan
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Hyatt Hotels executive vice president and chief financial officer Joan Bottarini sold 1,825 Class A shares on February 19, 2026, for $166.61 per share, totaling $304,063. The sale was carried out under a Rule 10b5-1 plan adopted November 7, 2025. Hyatt's stock is trading close to its 52-week high after a year of strong gains, while recent analyst actions, quarterly results, and board leadership changes have drawn attention.

Key Points

  • Hyatt CFO Joan Bottarini sold 1,825 Class A shares on February 19, 2026, at $166.61 per share, totaling $304,063.
  • The sale was executed under a Rule 10b5-1 trading plan adopted on November 7, 2025; Bottarini now directly owns 12,880.935 shares.
  • Hyatt shares trade near a 52-week high after a 23% year-over-year gain; analysts have issued differing targets and ratings amid mixed Q4 2025 results and board leadership changes.

Hyatt Hotels Corp. reported that Executive Vice President and Chief Financial Officer Joan Bottarini sold 1,825 shares of its Class A common stock on February 19, 2026, at a per-share price of $166.61. The transaction totaled $304,063.

At the time of the trade, Hyatt's shares were trading at $171.84, a level near the company's 52-week high of $180.53. The stock has gained approximately 23% over the past year, placing current market levels toward the upper end of its recent trading range.

According to a Form 4 filing with the Securities and Exchange Commission, the sale was executed pursuant to a pre-arranged Rule 10b5-1 trading plan that Bottarini adopted on November 7, 2025. After completing the sale, Bottarini directly held 12,880.935 shares of Hyatt Hotels Corp.

InvestingPro analysis included in the filing notes that Hyatt currently appears overvalued versus its Fair Value. The filing references a Pro Research Report that offers more detailed valuation and financial analysis for Hyatt and more than 1,400 other U.S. equities for investors who wish to review deeper company metrics.


Recent company developments

  • Hyatt's fourth-quarter 2025 earnings presented a mixed picture, prompting Stifel to lift its price target on the stock to $170 while keeping a Hold rating.
  • Bernstein SocGen Group reiterated an Outperform rating with a $189 price target, pointing to strong growth prospects even as Hyatt trails peers Hilton and Marriott because of headwinds such as a weak U.S. dollar and weather-related impacts.
  • In a leadership shift, Thomas J. Pritzker announced his immediate retirement as Executive Chairman of Hyatt's Board of Directors, citing corporate stewardship and past associations with Jeffrey Epstein and Ghislaine Maxwell. Mark S. Hoplamazian, Hyatt's president and chief executive officer, has been named to succeed Pritzker as chairman.
  • Separately noted in filings, Hydro One declared a quarterly dividend of $0.3331 per share, payable March 31, 2026, to shareholders of record on March 11, 2026; that dividend is designated as an "eligible" dividend for Canadian income tax purposes.

These disclosures offer investors a consolidated view of recent insider activity, company valuation commentary, analyst position shifts, and corporate governance changes filed with regulators. The Form 4 filing documents the mechanics of the transaction, while related analyst notes and board announcements provide context on how the company is being evaluated by market participants and leadership is being reorganized.

Risks

  • Valuation risk - InvestingPro analysis indicates Hyatt appears overvalued relative to its Fair Value, which could affect investor returns.
  • Operational and market headwinds - Analyst commentary cites factors including a weak U.S. dollar and weather impacts that have contributed to Hyatt lagging peers such as Hilton and Marriott.
  • Corporate governance uncertainty - The immediate retirement of Executive Chairman Thomas J. Pritzker and the board leadership transition may introduce short-term uncertainty for stakeholders.

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