Global Business Travel (GBTG) CFO reports 7,500-share sale in buyback at $7.78

Rhea-AI Filing Summary

Global Business Travel Group, Inc. Chief Financial Officer reported a sale of company stock in an insider trading report. On 12/01/2025, the reporting person disposed of 7,500 shares of Class A common stock at a price of $7.78 per share. The explanation notes that these shares were repurchased by the issuer under a share repurchase program approved by the board of directors, meaning the company was the buyer. Following this transaction, the reporting person beneficially owned 602,940 shares of Class A common stock, which includes shares acquired through the company's Employee Stock Purchase Plan on August 14, 2025.

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
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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)
12/01/2025

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	12/01/2025		D		7,500(1)	D	$7.78	602,940(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. These shares were repurchased by the Issuer pursuant to a repurchase program approved by the Issuer's Board of Directors.

2. Includes shares acquired under the company's Employee Stock Purchase Plan on August 14, 2025.

Remarks:

	Jennifer Giampietro, as Attorney-in-Fact	12/03/2025
	** 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 Global Business Travel Group (GBTG) disclose?

The filing shows the Chief Financial Officer disposed of 7,500 shares of Class A common stock on 12/01/2025 at a price of $7.78 per share.

Who is the reporting person in the GBTG Form 4 and what is their role?

The reporting person is an officer of Global Business Travel Group, Inc., serving as the company’s Chief Financial Officer.

How many Global Business Travel Group (GBTG) shares does the insider own after this transaction?

After the reported transaction, the insider beneficially owned 602,940 shares of Global Business Travel Group Class A common stock.

How were the 7,500 GBTG shares disposed of according to the filing?

The filing explains that the 7,500 shares were repurchased by the issuer under a share repurchase program approved by Global Business Travel Group’s board of directors.

What additional GBTG shares are included in the insider’s reported holdings?

The reported 602,940 shares beneficially owned include shares acquired through the company’s Employee Stock Purchase Plan on August 14, 2025.

Is the GBTG Form 4 filed by an individual or a group of reporting persons?

The form is indicated as being filed by one reporting person, not by more than one reporting person.