Global Business Travel (GBTG) director granted 23,429 restricted stock units

Rhea-AI Filing Summary

Global Business Travel Group director Alexander Drummond received an equity grant of 23,429 Class A Common Stock equivalent units. These are restricted stock units awarded under the company’s non-employee director compensation program at a price of $0.00 per unit.

The award will fully vest on the date of the company’s next annual stockholders’ meeting and will automatically convert into common stock on a one-to-one basis at vesting. Following this grant, Drummond directly holds 79,284 Class A shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Drummond Alexander

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	23,429	$0.00	--

Holdings After Transaction: Class A Common Stock — 79,284 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 23,429 units Grant price: $0.00 per unit Holdings after grant: 79,284 shares

3 metrics

RSUs granted 23,429 units Restricted stock units awarded to director on May 13, 2026

Grant price $0.00 per unit Equity compensation under non-employee director program

Holdings after grant 79,284 shares Director’s direct Class A Common Stock holdings post-transaction

Key Terms

restricted stock units, non-employee director compensation program, vest

3 terms

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

"restricted stock units awarded as part of the Issuer's non-employee director compensation program."

vest financial

"Award will fully vest on the date of the Issuer's next annual stockholders' meeting."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 05/15/2026 - 04:09 PM Accepted by SEC EDGAR 05/15/2026 - 04:05 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Drummond Alexander

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/13/2026		A		23,429(1)	A	$0.00	79,284	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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.

Remarks:

	/s/ Jennifer Giampietro, as Attorney-in-Fact	05/15/2026
	** Signature of Reporting Person	Date
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 Global Business Travel Group (GBTG) director Alexander Drummond report on this Form 4?

Alexander Drummond reported receiving 23,429 restricted stock units of Global Business Travel Group as part of the non-employee director compensation program, increasing his direct holdings to 79,284 Class A shares after the grant.

Is the GBTG Form 4 transaction a market purchase or a compensation grant?

The transaction is a compensation grant, not a market purchase. Drummond received 23,429 restricted stock units at a price of $0.00 per unit under the company’s non-employee director compensation program, reflecting standard equity-based pay for directors.

When do Alexander Drummond’s 23,429 GBTG restricted stock units vest?

The 23,429 restricted stock units will fully vest on the date of Global Business Travel Group’s next annual stockholders’ meeting. At that time, the units automatically convert into an equal number of shares of the company’s Class A common stock.

How many Global Business Travel Group shares does Alexander Drummond own after this Form 4 transaction?

After the reported grant, Alexander Drummond directly holds 79,284 shares of Global Business Travel Group Class A Common Stock. This total includes the impact of the 23,429 restricted stock units awarded in the company’s non-employee director compensation program.

What are the terms of the restricted stock units granted to the GBTG director?

The restricted stock units are issued at $0.00 cost, convert into Global Business Travel Group common stock on a one-to-one basis upon vesting, and will fully vest on the date of the issuer’s next annual stockholders’ meeting, according to the footnote disclosure.