GBTG (GBTG) CTO John Thompson sells 109,020 shares in planned trade

Rhea-AI Filing Summary

Global Business Travel Group, Inc. Chief Technology Officer John David Thompson reported an open-market sale of Class A Common Stock. On March 4, 2026, he sold 109,020 shares at a weighted average price of $5.74 per share. After this planned sale, he directly owned 735,701 shares.

The transaction was executed under a Rule 10b5-1 trading plan that Thompson adopted on March 10, 2025. The sale price reflects multiple trades within a range from $5.61 to $5.81 per share.

Insights

Equity compensation and insider trading analyst

CTO executes pre-planned 10b5-1 stock sale, remains a sizable shareholder.

The Chief Technology Officer of Global Business Travel Group, Inc., John David Thompson, sold 109,020 shares of Class A Common Stock on March 4, 2026 at a weighted average price of $5.74 per share. Following the sale, he continued to hold 735,701 shares directly.

The filing states that the sale was made under a Rule 10b5-1 trading plan adopted on March 10, 2025. Such plans allow executives to schedule trades in advance, which can reduce concerns that a transaction reflects short-term views on the stock. The price range for these sales was $5.61 to $5.81 per share.

From an investor perspective, this is a routine insider sale with limited information about broader company performance. The net effect is a modest reduction in the CTO’s holdings, while he remains significantly invested through his remaining 735,701 shares.

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).

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 NY 10017

(City) (State) (Zip)

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/04/2026		S(1)		109,020	D	$5.74(2)	735,701	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. The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted 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 $5.61 to $5.81. 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-Fact	03/06/2026
	** 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.

FAQ

What insider transaction did GBTG Chief Technology Officer report on this Form 4?

GBTG’s Chief Technology Officer, John David Thompson, reported selling 109,020 shares of Class A Common Stock. The sale occurred on March 4, 2026 at a weighted average price of $5.74 per share, reducing but not eliminating his ownership stake in the company.

At what prices did John David Thompson’s GBTG share sales occur?

The reported GBTG share sales occurred at a weighted average price of $5.74 per share. According to the filing, individual trades were executed in a range from $5.61 to $5.81, with multiple transactions making up the total 109,020 shares sold.

How many Global Business Travel Group shares does the CTO still own after this sale?

After selling 109,020 shares, GBTG Chief Technology Officer John David Thompson directly owns 735,701 shares of Class A Common Stock. This figure reflects his position immediately following the March 4, 2026 open-market sale reported in the Form 4 filing.

Was the GBTG CTO’s stock sale made under a Rule 10b5-1 trading plan?

Yes. The filing states the sales were executed under a Rule 10b5-1 trading plan. That plan was adopted by John David Thompson on March 10, 2025, allowing prearranged sales independent of day-to-day news or short-term stock movements.

What does the transaction code “S” mean in the GBTG Form 4 filing?

In this GBTG Form 4, transaction code “S” indicates a sale transaction. The filing further describes it as an open-market sale of Class A Common Stock, with 109,020 shares sold at a weighted average price of $5.74 per share on March 4, 2026.

Who is the insider involved in the latest GBTG Form 4 transaction?

The insider is John David Thompson, Chief Technology Officer of Global Business Travel Group, Inc. He is listed as the reporting person on the Form 4 and executed an open-market sale of 109,020 shares of Class A Common Stock under a Rule 10b5-1 plan.