Global Business Travel (NYSE: GBTG) awards 92,371 restricted stock units to insider
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Global Business Travel Group, Inc. reported that officer John Edward Pelant acquired 92,371 shares of Class A Common Stock through a grant of time-based restricted stock units at a price of $0.00 per share. These restricted stock units will vest in three equal installments beginning on March 1, 2027, increasing his direct ownership as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pelant John Edward
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 92,371 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 92,371 shares (Direct)
Footnotes (1)
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FAQ
What did John Edward Pelant acquire in the latest GBTG Form 4 filing?
John Edward Pelant received a grant of 92,371 time-based restricted stock units of Global Business Travel Group Class A Common Stock. These units were awarded at $0.00 per share as equity compensation, rather than through an open-market purchase.
How will the 92,371 GBTG restricted stock units granted to Pelant vest?
The 92,371 restricted stock units granted to John Edward Pelant will vest in three equal installments. Vesting begins on March 1, 2027, meaning portions of the award convert into shares over time if service-based conditions are met.
Is the GBTG Form 4 transaction for John Edward Pelant a market purchase or a grant?
The transaction reported for John Edward Pelant is a grant or award acquisition, not a market purchase. He received 92,371 restricted stock units of Class A Common Stock at $0.00 per share as part of his compensation.
What is John Edward Pelant’s reported ownership after the GBTG restricted stock grant?
After the reported transaction, John Edward Pelant’s direct ownership shows 92,371 shares (through restricted stock units) of Global Business Travel Group Class A Common Stock. This figure reflects the awarded units, which will vest in stages beginning March 1, 2027.
What does the vesting schedule mean for GBTG’s 92,371 restricted stock units granted to Pelant?
The vesting schedule means Pelant’s 92,371 restricted stock units do not become fully owned shares immediately. Instead, they convert into shares in three equal parts starting on March 1, 2027, aligning his compensation with longer-term service.