STOCK TITAN

Global Business Travel Group (GBTG) director granted 23,429 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Global Business Travel Group, Inc. director Michael Gregory O'Hara reported an equity compensation grant and updated holdings. He received 23,429 restricted stock units of Class A common stock at $0.00 per unit as part of the non-employee director compensation program. These units convert one-for-one into common shares and will fully vest on the date of the company’s next annual stockholders' meeting. Following the grant, he directly holds 120,526 Class A shares. The filing also reports 19,964,270 Class A shares held indirectly through several investment entities associated with him, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider OHara Michael Gregory
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 23,429 $0.00 --
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 120,526 shares (Direct, null); Class A Common Stock — 19,964,270 shares (Indirect, See Footnotes)
Footnotes (1)
  1. Represents restricted stock units awarded as part of the Issuer's non-employee director compensation program. Units automatically convert to Issuer common stock upon vesting on a one-to-one basis. Award will fully vest on the date of the Issuer's next annual stockholders' meeting. Reflects securities held directly by PecosCo Limited Partnership, HMC Juweel Holdings, LP, Certares Sponsor Investor (Delaware) LLC and Clementine Holdings Ltd. Certares Sponsor Investor (Delaware) LLC is controlled by its largest common shareholder, Certares Travel Holdings, LP. Certares Management Limited is the General Partner of each PecosCo Limited Partnership, HMC Juweel Holdings, LP and Certares Travel Holdings, LP. Messrs. Michael Gregory O'Hara, Henry Briance and Spencer Marsden are the directors of Certares Management Limited and as such may be deemed to have voting and dispositive control of the securities held of record by PecosCo Limited Partnership, HMC Juweel Holdings, LP and Certares Travel Holdings, LP. Clementine Holdings Ltd. is ultimately owned by Mr. Michael Gregory O'Hara. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, the Reporting Person states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
RSUs granted 23,429 units Restricted stock units of Class A common stock granted at $0.00
Grant price $0.00 per unit Price per restricted stock unit under director compensation program
Direct holdings after grant 120,526 shares Class A common stock directly owned following the reported grant
Indirectly held shares 19,964,270 shares Class A common stock held via related investment entities
Transaction date May 13, 2026 Date of reported transactions and holdings update
restricted stock units financial
"Represents restricted stock units awarded as part of the Issuer's non-employee director compensation program."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
non-employee director compensation program financial
"Represents restricted stock units awarded as part of the Issuer's non-employee director compensation program."
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein."
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
dispositive control financial
"may be deemed to have voting and dispositive control of the securities held of record"
SEC Form 4
FORM 4UNITED 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*
OHara Michael Gregory

(Last)(First)(Middle)
C/O GLOBAL BUSINESS TRAVEL GROUP, INC.
666 THIRD AVENUE

(Street)
NEW YORK NEW YORK 10017

(City)(State)(Zip)

UNITED STATES

(Country)
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock05/13/2026A23,429(1)A$0.00120,526D
Class A Common Stock19,964,270ISee Footnotes(2)(3)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units awarded as part of the Issuer's non-employee director compensation program. Units automatically convert to Issuer common stock upon vesting on a one-to-one basis. Award will fully vest on the date of the Issuer's next annual stockholders' meeting.
2. Reflects securities held directly by PecosCo Limited Partnership, HMC Juweel Holdings, LP, Certares Sponsor Investor (Delaware) LLC and Clementine Holdings Ltd. Certares Sponsor Investor (Delaware) LLC is controlled by its largest common shareholder, Certares Travel Holdings, LP. Certares Management Limited is the General Partner of each PecosCo Limited Partnership, HMC Juweel Holdings, LP and Certares Travel Holdings, LP. Messrs. Michael Gregory O'Hara, Henry Briance and Spencer Marsden are the directors of Certares Management Limited and as such may be deemed to have voting and dispositive control of the securities held of record by PecosCo Limited Partnership, HMC Juweel Holdings, LP and Certares Travel Holdings, LP. Clementine Holdings Ltd. is ultimately owned by Mr. Michael Gregory O'Hara.
3. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, the Reporting Person states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
/s/ Jennifer Giampietro, as Attorney-in-Fact05/15/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Michael Gregory O'Hara report in this GBTG Form 4 filing?

Michael Gregory O'Hara reported an equity compensation grant and updated his share holdings. He received restricted stock units that will vest at the next annual stockholders' meeting and disclosed both direct and indirect ownership positions in Global Business Travel Group, Inc. Class A common stock.

How many restricted stock units did the GBTG director receive?

He received 23,429 restricted stock units of Class A common stock. These units were granted at $0.00 per unit under the non-employee director compensation program and will convert into an equal number of shares upon vesting at the next annual stockholders' meeting.

When do Michael Gregory O'Hara's GBTG restricted stock units vest?

The restricted stock units will fully vest on the date of Global Business Travel Group, Inc.'s next annual stockholders' meeting. At that time, each unit automatically converts into one share of the company’s Class A common stock, increasing his directly held share count.

How many GBTG shares does Michael Gregory O'Hara hold directly after this grant?

After the grant, he directly holds 120,526 shares of Global Business Travel Group, Inc. Class A common stock. This figure includes the impact of the new restricted stock unit award reported in the filing and reflects his updated direct ownership position.

What indirect GBTG holdings are associated with Michael Gregory O'Hara?

The filing reports 19,964,270 Class A shares held indirectly through entities including PecosCo Limited Partnership, HMC Juweel Holdings, LP, Certares Sponsor Investor (Delaware) LLC, and Clementine Holdings Ltd. O'Hara disclaims beneficial ownership except to the extent of his pecuniary interest.

Does Michael Gregory O'Hara claim full beneficial ownership of all reported GBTG shares?

No. He disclaims beneficial ownership of the indirectly held securities, except for his pecuniary interest. The filing states that including these securities should not be deemed an admission of beneficial ownership for Section 16 or any other purpose under the securities laws.