Global Business Travel Group (GBTG) CFO granted 246,323 stock units

Rhea-AI Filing Summary

Global Business Travel Group, Inc. reported that Chief Financial Officer Karen A. Williams acquired 246,323 shares of Class A common stock as a grant of time-based restricted stock units at a price of $0.00 per share. These restricted stock units will vest in three equal installments beginning on March 1, 2027.

Following this award, Williams beneficially owns 689,047 shares of Class A common stock in direct ownership. This total includes shares acquired under the company’s Employee Stock Purchase Plan on February 13, 2026.

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^*

Williams Karen A

(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 Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

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	02/18/2026		A		246,323(1)	A	$0.00	689,047(2)	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 time-based restricted stock units that shall vest in three equal installments beginning on March 1, 2027.

2. Includes shares acquired under the company's Employee Stock Purchase Plan on February 13, 2026.

Remarks:

	Jennifer Giampietro, as Attorney-in-Fact	02/20/2026
	** 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 CFO Karen Williams report on this Form 4?

Karen A. Williams, CFO of Global Business Travel Group (GBTG), reported an acquisition of 246,323 shares of Class A common stock through a grant of time-based restricted stock units at $0.00 per share. This reflects an equity compensation award rather than an open‑market purchase.

How many GBTG shares does CFO Karen Williams own after this Form 4 transaction?

After the reported award, CFO Karen A. Williams beneficially owns 689,047 shares of Global Business Travel Group Class A common stock in direct ownership. This figure includes shares obtained through the company’s Employee Stock Purchase Plan on February 13, 2026, as noted in the footnotes.

What are the vesting terms of the 246,323 restricted stock units granted to GBTG’s CFO?

The 246,323 time-based restricted stock units granted to Global Business Travel Group’s CFO will vest in three equal installments beginning on March 1, 2027. This means the award is spread over multiple years, aligning continued service with the gradual delivery of shares to the executive.

Was cash paid for the 246,323 GBTG shares reported by the CFO on this Form 4?

No cash was paid for these shares. The 246,323 shares of Global Business Travel Group Class A common stock were acquired at $0.00 per share as a grant of time-based restricted stock units, which is typical for equity-based executive compensation awards rather than market purchases.

Does the GBTG Form 4 mention the Employee Stock Purchase Plan in relation to the CFO’s holdings?

Yes. A footnote states that the total 689,047 shares beneficially owned by CFO Karen A. Williams includes shares acquired under Global Business Travel Group’s Employee Stock Purchase Plan on February 13, 2026. The Form 4, however, does not break out that ESPP share count separately.