GBTG CEO covers taxes with share withholding

Global Business Travel Group, Inc. Chief Executive Officer Paul G. Abbott reported a tax-related share disposition.

Accepted by SEC EDGAR 03/03/2026 - 05:08 PM EST Learn about SEC filing dates

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.

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)

Holdings Before and After: Class A Common Stock, 4,013,120 to 3,555,956 shares (Direct)

Footnotes (1)

1. F1. Reflects shares withheld to cover the reporting person's tax withholding obligations in connection with the vesting of restricted stock units.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

Was the GBTG CEO’s Form 4 transaction an open-market sale of shares?

No, the transaction was not an open-market sale. The filing shows code F transactions, and the footnote explains the shares were withheld to satisfy Paul G. Abbott’s tax withholding obligations upon restricted stock unit vesting, rather than discretionary selling in the market.

How many GBTG shares were involved in the CEO’s tax-withholding disposition?

A total of 457,164 Class A common shares were involved. The Form 4 lists three tax-withholding transactions of 171,892, 199,032, and 86,240 shares, each priced at $5.47, all tied to covering obligations from restricted stock unit vesting.

How many GBTG shares does Paul G. Abbott own after the reported transactions?

After the reported tax-withholding dispositions, Paul G. Abbott directly owns 3,555,956 Class A common shares. This post-transaction ownership figure is shown in the final line of the non-derivative transaction table in the Form 4 insider filing data.

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.

Form 4 Insider Transactions: What Each Field Means →

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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^*

Abbott Paul G

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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	03/01/2026		F(1)		171,892	D	$5.47	3,841,228	D
Class A Common Stock	03/01/2026		F(1)		199,032	D	$5.47	3,642,196	D
Class A Common Stock	03/01/2026		F(1)		86,240	D	$5.47	3,555,956	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. Reflects shares withheld to cover the reporting person's tax withholding obligations in connection with the vesting of restricted stock units.

Remarks:

	Jennifer Giampietro, as Attorney-in-Fact	03/03/2026
	** 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.
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