GBTG (GBTG) CEO receives 862,132 time-based restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Global Business Travel Group, Inc. reported that its Chief Executive Officer, Paul G. Abbott, acquired 862,132 shares of Class A Common Stock through a grant of time-based restricted stock units. These units were awarded at no cash cost per share and are part of his equity compensation.
According to the filing, these restricted stock units will vest in three equal installments beginning on March 1, 2026. Following this grant, Abbott’s directly held Class A Common Stock, including this award, totals 4,013,120 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Abbott Paul G
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 862,132 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 4,013,120 shares (Direct)
Footnotes (1)
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FAQ
What did GBTG CEO Paul G. Abbott report in this Form 4?
Paul G. Abbott reported receiving a grant of 862,132 Class A Common Stock restricted stock units. The award is equity compensation, not an open-market purchase, and increases his directly held Class A Common Stock position to 4,013,120 shares after the transaction.
Is the GBTG Form 4 transaction a stock purchase or a grant?
The transaction is a grant of restricted stock units, not a cash stock purchase. Abbott received 862,132 time-based restricted stock units at a stated price of $0.00 per share as part of his compensation package, rather than buying shares in the market.
How do the CEO’s new restricted stock units at GBTG vest over time?
The 862,132 restricted stock units vest in three equal installments. Vesting begins on March 1, 2026, with subsequent installments on the following anniversaries, aligning the CEO’s equity compensation with a multi-year service and performance horizon at Global Business Travel Group.
What type of security was granted to the GBTG CEO in this filing?
The security is Class A Common Stock delivered via time-based restricted stock units. These units represent a right to receive shares in the future as they vest, rather than immediately tradable stock issued at the grant date.
Does the GBTG CEO pay cash for the 862,132 restricted stock units?
No cash was paid for the units; the per-share transaction price is reported as $0.00. The grant is equity-based compensation, meaning value is delivered in stock units that vest over time instead of an outright market purchase.