GBTG CEO covers taxes with share withholding
Global Business Travel Group, Inc. Chief Executive Officer Paul G. Abbott reported a tax-related share disposition.
Rhea-AI Filing Summary
Global Business Travel Group, Inc. Chief Executive Officer Paul G. Abbott reported a tax-related share disposition. On March 1, 2026, he had Class A common stock withheld in multiple transactions totaling 457,164 shares at $5.47 per share to cover tax obligations tied to restricted stock unit vesting. After these withholdings, he directly owned 3,555,956 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 457,164 shares
Exercise Price or Tax Liability
3 txns
Insider
Abbott Paul G
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 171,892 | $5.47 | $940K |
| Exercise Price or Tax Liability | Class A Common Stock | 199,032 | $5.47 | $1.09M |
| Exercise Price or Tax Liability | Class A Common Stock | 86,240 | $5.47 | $472K |
Holdings After Transaction:
Class A Common Stock — 3,555,956 shares (Direct)
Footnotes (1)
- F1. Reflects shares withheld to cover the reporting person's tax withholding obligations in connection with the vesting of restricted stock units.
FAQ
What insider transaction did GBTG CEO Paul G. Abbott report?
Paul G. Abbott reported share withholdings to cover tax obligations. On March 1, 2026, 457,164 Class A shares were withheld at $5.47 per share in connection with the vesting of restricted stock units, according to the Form 4 data and accompanying footnote.
What does transaction code F mean in the GBTG CEO’s Form 4?
Transaction code F indicates shares used to pay an exercise price or tax liability. In this case, the code F entries reflect shares withheld to satisfy Paul G. Abbott’s tax withholding obligations related to the vesting of restricted stock units, per the provided footnote.
Does the GBTG CEO’s Form 4 suggest a change in his investment stance?
The Form 4 reflects tax-withholding share dispositions rather than elective selling. Shares were withheld automatically upon restricted stock unit vesting to cover tax obligations, while Paul G. Abbott continues to hold 3,555,956 Class A shares directly after these routine transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.