STOCK TITAN
  1. Home
  2. Sec-filings
  3. GBTG
  4. [Form 4] Global Business Travel Group, Inc. Insider Trading Activity

Global Business Travel Group (GBTG) director receives 23,429-share RSU grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Global Business Travel Group, Inc. director Raymond Joabar reported an award of 23,429 shares of Class A common stock on May 13, 2026. The award is in the form of restricted stock units granted as part of the non-employee director compensation program and carries no purchase price.

The restricted stock units convert into common stock on a one-to-one basis upon vesting and are scheduled to fully vest on the date of the company’s next annual stockholders’ meeting. Following this grant, Joabar directly holds 120,526 shares of Class A common stock.

Positive

  • None.

Negative

  • None.
Insider Joabar Raymond
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 23,429 $0.00 --
Holdings After Transaction: Class A Common Stock — 120,526 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 23,429 shares Restricted stock units awarded on May 13, 2026
Price per share $0.0000 per share Recorded grant price for RSU award
Post-transaction holdings 120,526 shares Class A common stock directly held after grant
Transaction code A Grant, award, or other acquisition of non-derivative security
Vesting event Next annual stockholders’ meeting Date on which RSU award fully vests
restricted stock units financial
"Represents restricted stock units awarded as part of the Issuer's non-employee director compensation program."
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.
non-employee director compensation program financial
"Represents restricted stock units awarded as part of the Issuer's non-employee director compensation program."
one-to-one basis financial
"Units automatically convert to Issuer common stock upon vesting on a one-to-one basis."
annual stockholders' meeting financial
"Award will fully vest on the date of the Issuer's next annual stockholders' meeting."
Form 4 Insider Transactions: What Each Field Means →
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).
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*
Joabar Raymond
(Last)(First)(Middle)
200 VESEY STREET
(Street)
NEW YORK NEW YORK 10285
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026		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 Stock05/13/2026A23,429(1)A$0.00120,526D
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. Represents restricted stock units awarded as part of the Issuer's non-employee director compensation program. Units automatically convert to Issuer common stock upon vesting on a one-to-one basis. Award will fully vest on the date of the Issuer's next annual stockholders' meeting.
Jennifer Giampietro, as Attorney-in-Fact05/15/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Global Business Travel Group (GBTG) report for Raymond Joabar?

Global Business Travel Group reported that director Raymond Joabar received 23,429 shares of Class A common stock as a restricted stock unit award. The grant is part of the company’s non-employee director compensation program and involves no cash purchase by the director.

How many Global Business Travel Group (GBTG) shares does Raymond Joabar hold after this Form 4?

After the reported award, Raymond Joabar directly holds 120,526 shares of Global Business Travel Group Class A common stock. This total reflects the addition of 23,429 restricted stock units that were granted on May 13, 2026, under the director compensation program.

What type of equity award did GBTG grant to director Raymond Joabar?

GBTG granted restricted stock units representing 23,429 shares of Class A common stock to director Raymond Joabar. These units are part of the non-employee director compensation program and will automatically convert into common stock on a one-to-one basis when they vest.

When will Raymond Joabar’s GBTG restricted stock units vest?

The restricted stock units awarded to Raymond Joabar will fully vest on the date of Global Business Travel Group’s next annual stockholders’ meeting. At that time, they will automatically convert into an equal number of Class A common shares for the director.

Did Raymond Joabar buy or sell GBTG stock in this Form 4 filing?

The Form 4 does not show an open-market buy or sell by Raymond Joabar. Instead, it reports an acquisition of 23,429 restricted stock units as a grant under the non-employee director compensation program, with no cash price per share recorded.