STOCK TITAN

GBTG (GBTG) CFO has shares withheld to cover RSU tax obligations

Filing Impact
(High)
Filing Sentiment
(Neutral)
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 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)
  1. [object Object]
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
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.
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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*
Williams Karen 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
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 Stock07/01/2026F(1)27,900D$9.39568,257D
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. 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-Fact07/02/2026
** 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 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.

How many GBTG shares does CFO Karen A. Williams hold after this transaction?

Following the tax-withholding transaction, Karen A. Williams directly holds 568,257 shares of GBTG Class A Common Stock. This figure reflects her position after 27,900 shares were withheld to satisfy tax obligations on vested restricted stock units.

What price per share was used in the GBTG CFO’s tax-withholding transaction?

The tax-withholding disposition used a price of $9.39 per share for GBTG Class A Common Stock. This per-share value applies to the 27,900 shares withheld in connection with the vesting of restricted stock units.

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.