[Form 4] Global Business Travel Group, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Insider sale to satisfy tax withholding on vested RSUs: Global Business Travel Group, Inc. reported that John David Thompson, the company’s Chief Technology Officer and an officer/director, had 2,990 shares of Class A common stock disposed on 08/12/2025 at $7.71 per share. The filing states these shares were withheld to cover the reporting person’s tax withholding obligations arising from the vesting of restricted stock units. After the transaction Mr. Thompson beneficially owned 730,792 shares. The Form 4 was signed by an attorney-in-fact on 08/14/2025.

Insights

Financial Analyst

TL;DR: A routine tax-withholding disposition tied to RSU vesting; small share count relative to total holdings suggests limited market impact.

The Form 4 documents a disposition of 2,990 Class A shares at $7.71 executed 08/12/2025, described as withheld to satisfy tax obligations on vested restricted stock units. This is a non-market-driven sale by an insider to meet payroll tax liabilities rather than an investment decision or signaling event. The post-transaction beneficial ownership remains 730,792 shares, indicating the officer retains substantial holdings. For investors, this type of transaction is typically neutral for valuation or governance assumptions.

Corporate Governance Expert

TL;DR: Transaction appears procedurally standard; disclosure complies with Section 16 reporting requirements.

The filing identifies John David Thompson as CTO and reports a disposition coded F(1), which the explanation clarifies as shares withheld for tax withholding on RSU vesting. The Form 4 includes required details: transaction date, price, quantity, and resulting beneficial ownership. The signature by an attorney-in-fact and timely reporting indicate adherence to filing protocols. From a governance perspective, this is a routine administrative transaction with no evident change to board composition, control, or compensation policy disclosed in the form.

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

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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^*

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)
08/12/2025

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	08/12/2025		F(1)		2,990	D	$7.71	730,792	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	08/14/2025
	** 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 did John David Thompson report on Form 4 for GBTG?

The filing reports a disposition of 2,990 Class A shares on 08/12/2025 at $7.71 per share to satisfy tax withholding on vested RSUs.

How many GBTG shares did the reporting person own after the transaction?

The reporting person beneficially owned 730,792 shares following the reported transaction.

What was the reason given for the share disposition in the Form 4?

The explanation states the shares were withheld to cover tax withholding obligations in connection with the vesting of restricted stock units.

What is John David Thompson's role at Global Business Travel Group, Inc. (GBTG)?

He is identified as the company’s Chief Technology Officer and is reported as an officer/director on the Form 4.

When was the Form 4 signed and by whom?

The form was signed on 08/14/2025 by Jennifer Giampietro, acting as attorney-in-fact for the reporting person.