TripAdvisor (TRIP) TheFork CEO exercises RSUs, withholds 4,471 shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TripAdvisor, Inc. insider Almir Ambeskovic, CEO of TheFork, reported routine equity compensation activity. On May 15, 2026, he exercised Restricted Stock Units in several tranches, converting a total of 9,259 shares into TripAdvisor common stock. On May 18, 2026, 4,471 shares of common stock were disposed of at $9.74 per share to satisfy tax obligations, a tax-withholding disposition rather than an open-market sale. Following these transactions, he holds 42,396 shares of TripAdvisor common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,259 shares exercised/converted
Mixed
7 txns
Insider
Ambeskovic Almir
Role
CEO, TheFork
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,471 | $9.74 | $44K |
| Exercise | Restricted Stock Units | 2,810 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,734 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,715 | $0.00 | -- |
| Exercise | Common Stock | 2,810 | $10.93 | $31K |
| Exercise | Common Stock | 1,734 | $10.93 | $19K |
| Exercise | Common Stock | 4,715 | $10.93 | $52K |
Holdings After Transaction:
Common Stock — 42,396 shares (Direct, null);
Restricted Stock Units — 8,431 shares (Direct, null)
Footnotes (1)
Key Figures
RSU exercises: 9,259 shares
Tax-withholding shares: 4,471 shares
Tax-withholding price: $9.74 per share
+4 more
7 metrics
RSU exercises
9,259 shares
Total derivative exercises (M code) on May 15, 2026
Tax-withholding shares
4,471 shares
Shares delivered for tax liability on May 18, 2026
Tax-withholding price
$9.74 per share
Price for 4,471-share F-code disposition
Post-transaction holdings
42,396 shares
Direct common stock holdings after May 18, 2026
RSU tranche 1
4,715 shares
Restricted Stock Units exercised on May 15, 2026
RSU tranche 2
1,734 shares
Restricted Stock Units exercised on May 15, 2026
RSU tranche 3
2,810 shares
Restricted Stock Units exercised on May 15, 2026
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, Exercise or conversion of derivative security, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" with underlying TripAdvisor common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the F-code transaction"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for M-code entries"
Exercise or conversion of derivative security financial
"transaction_code_description for M-code transactions"
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description for the F-code transaction"
FAQ
What insider transactions did Almir Ambeskovic report for TripAdvisor (TRIP)?
Almir Ambeskovic reported RSU exercises and a tax-withholding share disposition. On May 15, 2026, he exercised multiple Restricted Stock Unit awards into common stock, and on May 18, 2026, 4,471 shares were disposed of to cover tax obligations rather than sold on the open market.
Were any of Almir Ambeskovic’s TripAdvisor (TRIP) transactions open-market sales?
The filing does not show any open-market purchases or sales. The only disposition, for 4,471 shares on May 18, 2026, is coded F, meaning shares were delivered to pay tax liabilities, a tax-withholding event rather than an ordinary sale into the market.
What prices are associated with Ambeskovic’s TripAdvisor (TRIP) Form 4 transactions?
The tax-withholding disposition occurred at $9.74 per share. The RSU-related non-derivative entries for May 15, 2026 show a transaction price of $10.93 per share, while the derivative RSU lines list a conversion or exercise price of $0.00 per share.
What do the Restricted Stock Unit (RSU) entries mean in the TripAdvisor (TRIP) Form 4?
The RSU entries show derivative securities converting into common stock. Each RSU line is coded M, described as an exercise or conversion of a derivative security, with underlying TripAdvisor common stock in equal share amounts, and includes exercise and expiration dates for those awards.