Global Business Travel (NYSE: GBTG) officer reports tax-share withholding moves
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Global Business Travel Group, Inc. officer Eric J. Bock reported three Form 4 transactions involving Class A Common Stock on March 1, 2026. In total, 129,629 shares were disposed of at $5.47 per share as part of tax-withholding dispositions tied to the vesting of restricted stock units, rather than open-market sales. After these withholdings, Bock directly owned 1,996,372 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Bock Eric J.
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 30,839 | $5.47 | $169K |
| Tax Withholding | Class A Common Stock | 67,845 | $5.47 | $371K |
| Tax Withholding | Class A Common Stock | 30,945 | $5.47 | $169K |
Holdings After Transaction:
Class A Common Stock — 2,095,162 shares (Direct)
Footnotes (1)
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FAQ
What did Eric J. Bock report in his latest Form 4 for GBTG?
Eric J. Bock reported three tax-withholding dispositions of Global Business Travel Group Class A Common Stock on March 1, 2026, related to vesting restricted stock units. These were administrative share withholdings, not open-market purchases or sales.
Were Eric J. Bock’s GBTG transactions open-market sales or routine tax withholdings?
The transactions were routine tax withholdings, not open-market sales. The filing states the shares were withheld to cover Bock’s tax obligations triggered by vesting restricted stock units, which is a common administrative mechanism for equity compensation.
What is the significance of transaction code F in the GBTG Form 4?
Transaction code F indicates payment of tax liability or exercise price by delivering securities. In this Global Business Travel Group Form 4, it shows shares were withheld from Eric J. Bock’s equity awards to satisfy tax obligations tied to restricted stock unit vesting.