GBTG (GBTG) CFO has shares withheld to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Global Business Travel Group, Inc.’s Chief Financial Officer Karen A. Williams reported a routine tax-related share disposition. On the vesting of restricted stock units, 27,900 shares of Class A Common Stock were withheld to cover her tax withholding obligations, rather than sold on the open market.
After this tax-withholding transaction, Williams holds 568,257 shares of Class A Common Stock directly. This type of Form 4 entry reflects a compensation and tax event, not a discretionary purchase or sale of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Williams Karen A
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 27,900 | $9.39 | $262K |
Holdings After Transaction:
Class A Common Stock — 568,257 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 27,900 shares
Price per share: $9.39 per share
Shares held after transaction: 568,257 shares
+1 more
4 metrics
Shares withheld for taxes
27,900 shares
Tax-withholding disposition on restricted stock unit vesting
Price per share
$9.39 per share
Value applied to withheld Class A Common Stock
Shares held after transaction
568,257 shares
Direct holdings of Class A Common Stock after tax withholding
Tax-withholding share count
27,900 shares
Form 4 transactionSummary taxWithholdingShares
Key Terms
restricted stock units, tax withholding obligations, Class A Common Stock, tax-withholding disposition
4 terms
restricted stock units financial
"in connection with the vesting of restricted stock units"
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.
tax withholding obligations financial
"shares withheld to cover the reporting person's tax withholding obligations"
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did GBTG’s CFO Karen A. Williams report?
Karen A. Williams reported a tax-withholding disposition of 27,900 Class A Common Stock shares. These shares were withheld to satisfy tax obligations from restricted stock unit vesting, rather than sold in an open-market transaction.
Was the Global Business Travel Group (GBTG) CFO’s Form 4 a stock sale?
The Form 4 for GBTG’s CFO records shares withheld for taxes, not an open-market sale. 27,900 shares were retained by the company to cover tax withholding tied to restricted stock unit vesting.
What is the meaning of transaction code F in the GBTG Form 4 filing?
Transaction code F in the GBTG Form 4 indicates payment of a tax liability or exercise price by delivering securities. Here, it represents 27,900 shares withheld from the CFO to satisfy tax obligations on restricted stock unit vesting.