STOCK TITAN

CTO of Global Business Travel (NYSE: GBTG) sells 108,908 shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Global Business Travel Group, Inc. Chief Technology Officer John David Thompson reported an open-market sale of 108,908 shares of Class A Common Stock on May 4, 2026 at a weighted average price of $9.34 per share.

The shares were sold in multiple transactions at prices ranging from $9.30 to $9.37. After this sale, Thompson directly holds 626,793 shares of the company’s stock. The filing notes the sale was made under a pre-established Rule 10b5-1 trading plan adopted on March 10, 2025.

Positive

  • None.

Negative

  • None.
Insider Thompson John David
Role Chief Technology Officer
Sold 108,908 shs ($1.02M)
Type Security Shares Price Value
Sale Class A Common Stock 108,908 $9.34 $1.02M
Holdings After Transaction: Class A Common Stock — 626,793 shares (Direct, null)
Footnotes (1)
  1. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on March 10, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.30 to $9.37. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
Shares sold 108,908 shares Open-market sale on May 4, 2026
Weighted average sale price $9.34 per share Class A Common Stock sale
Price range $9.30–$9.37 per share Multiple transactions within range
Shares held after sale 626,793 shares Direct ownership post-transaction
Rule 10b5-1 plan date March 10, 2025 Trading plan establishment
Net shares sold 108,908 shares Net-sell direction in transaction summary
Rule 10b5-1 trading plan regulatory
"The sale was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class A Common Stock financial
"security title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
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*
Thompson John David

(Last)(First)(Middle)
C/O GLOBAL BUSINESS TRAVEL GROUP, INC.
666 THIRD AVENUE

(Street)
NEW YORK NEW YORK 10017

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Global Business Travel Group, Inc. [ GBTG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock05/04/2026S(1)108,908D$9.34(2)626,793D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on March 10, 2025.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.30 to $9.37. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
Remarks:
Jennifer Giampietro, as Attorney-in-Fact05/06/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did GBTG insider John David Thompson report in this Form 4?

John David Thompson, CTO of Global Business Travel Group, reported selling 108,908 shares of Class A Common Stock. The open-market sale occurred on May 4, 2026 at a weighted average price of $9.34 per share under a Rule 10b5-1 trading plan.

At what price did the GBTG CTO sell his Global Business Travel shares?

The CTO’s reported sale used a weighted average price of $9.34 per share. The filing explains the actual trades occurred in multiple transactions, with individual prices ranging from $9.30 to $9.37 for the Class A Common Stock sold.

How many Global Business Travel (GBTG) shares does the CTO still own?

After the reported transaction, John David Thompson directly holds 626,793 shares of Global Business Travel Group Class A Common Stock. This figure reflects his position following the May 4, 2026 open-market sale of 108,908 shares disclosed in the Form 4.

Was the GBTG CTO’s share sale part of a Rule 10b5-1 plan?

Yes. The Form 4 states the sale was executed under a Rule 10b5-1 trading plan. That plan was established by the reporting person on March 10, 2025, indicating the transactions were pre-scheduled rather than newly arranged at the time of sale.

What type of security did the GBTG insider sell in this filing?

The insider sold Class A Common Stock of Global Business Travel Group, Inc. The Form 4 identifies the transaction as a non-derivative open-market sale, covering 108,908 shares at a weighted average price of $9.34 per share on May 4, 2026.

How many GBTG shares were sold in total by the CTO on May 4, 2026?

The CTO sold a total of 108,908 shares of Global Business Travel Group Class A Common Stock. According to the Form 4, these were non-derivative, open-market transactions executed at prices between $9.30 and $9.37 per share, averaged at $9.34.