Global Business Travel director granted 23,429 RSUs
Global Business Travel Group, Inc. director Ugo Arzani received a grant of 23,429 restricted stock units of Class A common stock at no cost.
Accepted by SEC EDGAR
Learn about SEC filing dates
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Global Business Travel Group, Inc. director Ugo Arzani received a grant of 23,429 restricted stock units of Class A common stock at no cost. These RSUs convert into common shares on a one-to-one basis and will fully vest on the date of the next annual stockholders' meeting. Following this grant, Arzani directly holds 59,917 shares.
Insider Trade Summary
Grant/Award: 23,429 shares
Grant/Award
1 txn
Insider
Arzani Ugo
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 23,429 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 59,917 shares (Direct)
Holdings Before and After:
Class A Common Stock, 36,488 to 59,917 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
RSUs granted: 23,429 units
Grant price: $0.0000 per share
Holdings after grant: 59,917 shares
+1 more
4 metrics
RSUs granted
23,429 units
Restricted stock units awarded to director Ugo Arzani
Grant price
$0.0000 per share
Reported transaction price per share for RSU award
Holdings after grant
59,917 shares
Total Class A common shares directly held after transaction
Vesting condition
Next annual stockholders' meeting
RSUs fully vest on the date of the next annual meeting
Key Terms
restricted stock units, non-employee director compensation program, vest, 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."
vest financial
"Award will fully vest on the date of the Issuer's next annual stockholders' meeting."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual stockholders' meeting financial
"Award will fully vest on the date of the Issuer's next annual stockholders' meeting."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GBTG director Ugo Arzani report?
Ugo Arzani reported receiving 23,429 restricted stock units of Global Business Travel Group Class A common stock. The units were granted at no cost as part of the non-employee director compensation program and increase his direct holdings to 59,917 shares after the award.
What type of equity did GBTG grant to director Ugo Arzani?
Global Business Travel Group granted Ugo Arzani 23,429 restricted stock units, a form of share-based compensation. Each unit represents the right to receive one share of Class A common stock upon vesting, aligning director compensation with shareholder interests over time.
When will Ugo Arzani’s 23,429 GBTG restricted stock units vest?
The 23,429 restricted stock units awarded to Ugo Arzani will fully vest on the date of Global Business Travel Group’s next annual stockholders' meeting. At that time, the units automatically convert into an equal number of Class A common shares on a one-to-one basis.
Is Ugo Arzani’s GBTG equity grant part of a compensation program?
Yes. The 23,429 restricted stock units granted to Ugo Arzani are awarded under Global Business Travel Group’s non-employee director compensation program. Such programs typically provide equity to outside directors to compensate their service and further align their interests with shareholders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
