Global Business Travel Group (NYSE: GBTG) director receives 23,429 RSU equity award

Rhea-AI Filing Summary

Global Business Travel Group director Kathleen A. Winters received an equity award of 23,429 restricted stock units of Class A common stock. The units were granted at no cash cost to her as part of the company’s non-employee director compensation program.

The restricted stock units will convert into an equal number of common shares upon vesting and are scheduled to fully vest on the date of the company’s next annual stockholders’ meeting. After this grant, Winters directly holds 120,526 shares of the company’s stock, reflecting her total reported direct ownership.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Winters Kathleen A

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	23,429	$0.00	--

Holdings After Transaction: Class A Common Stock — 120,526 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 23,429 units Grant price: $0.00 per share Post-grant holdings: 120,526 shares +2 more

5 metrics

RSU grant size 23,429 units Restricted stock units of Class A Common Stock awarded to director

Grant price $0.00 per share Reported transaction price per share for RSU award

Post-grant holdings 120,526 shares Total Class A Common Stock directly owned after transaction

Vesting event Next annual stockholders’ meeting Date when RSU award will fully vest

Conversion ratio 1 unit : 1 share RSUs convert to common stock on a one-to-one basis upon vesting

Key Terms

restricted stock units, non-employee director compensation program, convert to Issuer common stock, annual stockholders' meeting

4 terms

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."

convert to Issuer common stock financial

"Units automatically convert to Issuer common stock upon vesting on a one-to-one basis."

annual stockholders' meeting financial

"Award will fully vest on the date of the Issuer's next annual stockholders' meeting."

Form 4 Insider Transactions: What Each Field Means →

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

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^*

Winters Kathleen A

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/13/2026		A		23,429(1)	A	$0.00	120,526	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. 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.

Remarks:

	Jennifer Giampietro, as Attorney-in-Fact	05/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Global Business Travel Group (GBTG) director Kathleen Winters report on this Form 4?

Kathleen Winters reported receiving 23,429 restricted stock units of Class A common stock as part of Global Business Travel Group’s non-employee director compensation program. These units convert into common shares upon vesting and increase her direct reported holdings to 120,526 shares.

How many Global Business Travel Group (GBTG) shares does Kathleen Winters hold after this grant?

After the award, Kathleen Winters is reported to directly own 120,526 shares of Global Business Travel Group Class A common stock. This figure includes the newly granted 23,429 restricted stock units that will convert into common shares upon vesting on a one-to-one basis.

What type of equity award did Global Business Travel Group (GBTG) grant to director Kathleen Winters?

Global Business Travel Group granted Kathleen Winters 23,429 restricted stock units of Class A common stock. These units were issued under the non-employee director compensation program and automatically convert into common stock when they vest, without requiring Winters to pay a purchase price.

When will Kathleen Winters’ Global Business Travel Group (GBTG) restricted stock units vest?

The restricted stock units awarded to Kathleen Winters will fully vest on the date of Global Business Travel Group’s next annual stockholders’ meeting. At vesting, each unit converts into one share of Class A common stock, turning the entire 23,429-unit award into tradable shares.

Did Kathleen Winters buy or sell Global Business Travel Group (GBTG) shares in this Form 4?

This Form 4 does not show an open-market buy or sell. It reports a grant of 23,429 restricted stock units to Kathleen Winters at a price of $0.00 per share, reflecting a compensation-related equity award rather than a discretionary purchase or sale in the market.