Booking Holdings (BKNG) SVP granted 12,674 restricted stock units through 2029 vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sullivan Caroline reported acquisition or exercise transactions in this Form 4 filing.
Booking Holdings Inc. senior vice president, chief accounting officer and controller Caroline Sullivan received a grant of 12,674 shares of common stock in the form of restricted stock units at a price of $0.00 per share. Subject to continued service, these shares will vest in installments between the grant date and May 12, 2029. Following this award, she holds 12,674 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sullivan Caroline
Role
SVP, CAO & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,674 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,674 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 12,674 shares
Grant price: $0.00 per share
Post-transaction holdings: 12,674 shares
+1 more
4 metrics
RSU grant size
12,674 shares
Restricted stock unit award of common stock
Grant price
$0.00 per share
Compensation grant, not open-market purchase
Post-transaction holdings
12,674 shares
Direct ownership after the grant
Vesting end date
May 12, 2029
Final date for installment vesting of RSUs
Key Terms
restricted stock units, vest in installments, continued service, award agreement
4 terms
restricted stock units financial
"Represents a grant of restricted stock units."
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.
vest in installments financial
"the shares will vest in installments between the grant date and May 12, 2029"
continued service financial
"Subject to continued service, the shares will vest in installments"
award agreement financial
"events specified in the reporting person's restricted stock unit award agreement"
An award agreement is a legal contract that spells out the terms of a pay or equity grant—such as stock options, restricted shares, or cash bonuses—given to an employee, director or consultant. It describes what is being granted, any conditions for keeping it (for example, earning it over time or meeting performance targets), and what happens if the person leaves or breaks rules. Investors care because these agreements affect company costs, potential share dilution and how executives are motivated and rewarded.
FAQ
What insider transaction did Booking Holdings (BKNG) report for Caroline Sullivan?
Booking Holdings reported that SVP, CAO & Controller Caroline Sullivan received a grant of 12,674 restricted stock units. These units represent common stock awarded as compensation, not an open-market purchase, and were issued at a price of $0.00 per share according to the filing.
What is the vesting schedule for Caroline Sullivan’s BKNG restricted stock units?
The 12,674 restricted stock units granted to Caroline Sullivan will vest in installments between the grant date and May 12, 2029. Vesting is conditioned on her continued service and may accelerate earlier upon certain events specified in her restricted stock unit award agreement.