Global Business Travel Group (GBTG) insider uses stock to cover tax

Rhea-AI Filing Summary

Global Business Travel Group, Inc. officer Evan Konwiser reported three Form 4 transactions involving Class A Common Stock on March 1, 2026. Each transaction is coded “F,” meaning shares were used for tax-withholding dispositions at a price of $5.47 per share. A footnote explains the shares were withheld to satisfy Konwiser’s tax obligations arising from the vesting of restricted stock units, rather than representing open-market sales.

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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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^*

Konwiser Evan

(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)
	See remarks

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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	03/01/2026		F(1)		20,560	D	$5.47	898,142	D
Class A Common Stock	03/01/2026		F(1)		23,806	D	$5.47	874,336	D
Class A Common Stock	03/01/2026		F(1)		15,473	D	$5.47	858,863	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:

Title: Chief Marketing and Strategy Officer

	Jennifer Giampietro, as Attorney-in-Fact	03/03/2026
	** 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).
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FAQ

What insider activity did Global Business Travel Group (GBTG) report on this Form 4?

The Form 4 reports that officer Evan Konwiser had three transactions in Class A Common Stock. All are coded “F,” indicating shares were disposed of to cover tax withholding obligations related to vesting restricted stock units, not discretionary open-market sales.

What does transaction code F mean for GBTG insider Evan Konwiser?

Transaction code F signifies payment of an exercise price or tax liability by delivering securities. For GBTG, Konwiser’s transactions reflect shares withheld to satisfy tax obligations connected to restricted stock unit vesting, according to the footnote, rather than voluntary selling of shares in the market.

How many GBTG Form 4 transactions involved tax-withholding dispositions?

The filing lists three non-derivative transactions in GBTG Class A Common Stock. Each is described as a tax-withholding disposition, with shares delivered at $5.47 per share to cover the reporting person’s tax obligations upon vesting of restricted stock units, as noted in the footnote.

Did GBTG officer Evan Konwiser’s Form 4 show open-market stock sales?

The transactions are not described as open-market sales. Instead, all three are coded F and labeled tax-withholding dispositions, where shares of GBTG Class A Common Stock were withheld to cover tax liabilities arising from restricted stock unit vesting, based on the filing’s explanatory footnote.

What price per share was used in the GBTG tax-withholding Form 4 entries?

Each of the three tax-withholding dispositions in GBTG Class A Common Stock used a transaction price of $5.47 per share. This price is applied to shares delivered to satisfy the reporting person’s tax obligations tied to the vesting of restricted stock units, as disclosed in the Form 4 data.