Global Business Travel Group (GBTG) CTO logs tax-withholding share dispositions

Rhea-AI Filing Summary

Global Business Travel Group, Inc. Chief Technology Officer John David Thompson reported share dispositions tied to equity compensation on 2026-03-01. He delivered multiple blocks of Class A Common Stock at $5.47 per share to satisfy tax withholding obligations arising from the vesting of restricted stock units. After these tax-withholding dispositions, he continued to hold a substantial number of shares directly.

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^*

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)
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)		37,808	D	$5.47	903,878	D
Class A Common Stock	03/01/2026		F(1)		40,188	D	$5.47	863,690	D
Class A Common Stock	03/01/2026		F(1)		18,969	D	$5.47	844,721	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	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).
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 activity did GBTG CTO John David Thompson report on this Form 4?

John David Thompson reported several dispositions of Class A Common Stock. The transactions were coded as tax-withholding events, where shares were delivered to cover obligations tied to vesting restricted stock units rather than open-market sales.

Were John David Thompson’s GBTG stock transactions open-market sales?

The transactions were not open-market sales. They were tax-withholding dispositions, coded "F," meaning shares were delivered to satisfy tax liabilities related to the vesting of restricted stock units granted as equity compensation.

What type of GBTG security did the CTO dispose of in these transactions?

All reported transactions involved GBTG Class A Common Stock. These shares were delivered to meet tax withholding obligations associated with the vesting of restricted stock units rather than being sold in ordinary market trading.

How does the Form 4 describe the nature of GBTG CTO’s dispositions?

Each transaction is described as a "payment of exercise price or tax liability by delivering securities." A footnote clarifies the shares were specifically withheld to cover the reporting person’s tax obligations on vesting restricted stock units.

Does John David Thompson still hold GBTG shares after these tax-withholding events?

Yes. The Form 4 reports that he continued to hold Class A Common Stock directly after the tax-withholding dispositions. The remaining holdings reflect his ongoing equity stake following the vesting-related share deliveries.