Global Business Travel Group, Inc. filings document the public-company record for Amex GBT, including operating results, capital structure, material agreements, and governance matters. Form 8-K reports cover quarterly and annual financial results, share repurchase authorization disclosures, and amendments to the company’s senior secured credit agreement.
Proxy materials describe board and shareholder voting matters, executive compensation, equity awards, and governance practices. The filings also identify the company’s Class A common stock trading on the New York Stock Exchange under GBTG and provide formal disclosure around credit facilities, financial-condition updates, exhibits, and related risk and control considerations.
Global Business Travel Group, Inc. Chief Technology Officer John David Thompson reported an open-market sale of 108,908 shares of Class A Common Stock on May 4, 2026 at a weighted average price of $9.34 per share.
The shares were sold in multiple transactions at prices ranging from $9.30 to $9.37. After this sale, Thompson directly holds 626,793 shares of the company’s stock. The filing notes the sale was made under a pre-established Rule 10b5-1 trading plan adopted on March 10, 2025.
BlackRock Portfolio Management LLC filed a Schedule 13D reporting beneficial ownership of 39,188,066 shares of Global Business Travel Group, Inc. Class A common stock, representing 7.5% of the class as of March 17, 2026. The Reporting Business Units acquired these shares for investment purposes for approximately $226.2 million.
The filing highlights a Merger Agreement under which Global Business Travel Group is to be acquired by Long Lake Management Holdings Inc., with each outstanding Class A share to be converted into the right to receive $9.50 in cash, subject to stated conditions. BR Investors Juweel, L.P., an advisory client, agreed in a Voting and Support Agreement to vote 38,973,092 shares in favor of the merger and against competing acquisition proposals, and to restrict transfers subject to limited exceptions.
The filing also notes short positions on 2,027,221 shares and cash-settled swap exposure on 1,500,922 shares, giving certain accounts economic exposure opposite to share ownership while disclaiming beneficial ownership of those shares.
Expedia Group, Inc. filed Amendment No. 3 to its Schedule 13D on Global Business Travel Group, Inc., updating its reported ownership and related agreements. Expedia reports beneficial ownership of 74,849,607 shares of Class A common stock, representing 14.3% of the class, based on 523,999,668 shares outstanding as of March 5, 2026.
Expedia has sole voting and dispositive power over these shares, held of record by Expedia HoldCo. The amendment also references a new Voting and Support Agreement dated May 2, 2026 among Global Business Travel Group, Gaia Purchaser, Gaia Merger Sub and EG Corporate Travel Holdings LLC. Expedia notes it may be deemed part of a Section 13(d) “group” with QIA and Amex HoldCo under an Amended and Restated Shareholders Agreement, but expressly disclaims such group membership.
Morgan Stanley Smith Barney LLC reported Form 144 notice listing proposed sales of Common Stock by John David Thompson. The filing lists 108,908 shares linked to Restricted Stock Units dated 03/01/2025 and a separate 10b5-1 sale record showing 109,020 shares on 03/04/2026, with proceeds recorded as $625,251.50. The transactions are presented as sale notices under the applicable resale process.
Morgan Stanley Smith Barney LLC reported Form 144 notice listing proposed sales of Common Stock by John David Thompson. The filing lists 108,908 shares linked to Restricted Stock Units dated 03/01/2025 and a separate 10b5-1 sale record showing 109,020 shares on 03/04/2026, with proceeds recorded as $625,251.50. The transactions are presented as sale notices under the applicable resale process.
Qatar Investment Authority amended its Schedule 13D on Global Business Travel Group to reflect a new Voting and Support Agreement connected to a planned cash acquisition. The company agreed to be acquired under a Merger Agreement in which each Class A share will be converted into the right to receive $9.50 in cash.
Qatar Investment Authority, through wholly owned subsidiary QIA Retail Holding LLC, has sole voting and dispositive power over 87,659,000 Class A shares, representing 16.7% of the company’s outstanding Class A stock as of March 17, 2026. QIA Retail agreed to vote these shares in favor of the Merger Agreement and related proposals and against competing transactions or actions that could delay or prevent the merger.
The Voting and Support Agreement restricts transfers or other arrangements affecting these shares, with limited permitted affiliate transfers that must join the agreement. QIA Retail’s voting obligations end upon termination of the Merger Agreement, completion of the merger, certain adverse amendments, written consent of the parties, or on November 1, 2026 (or February 1, 2027 if the merger termination date is extended).
Qatar Investment Authority amended its Schedule 13D on Global Business Travel Group to reflect a new Voting and Support Agreement connected to a planned cash acquisition. The company agreed to be acquired under a Merger Agreement in which each Class A share will be converted into the right to receive $9.50 in cash.
Qatar Investment Authority, through wholly owned subsidiary QIA Retail Holding LLC, has sole voting and dispositive power over 87,659,000 Class A shares, representing 16.7% of the company’s outstanding Class A stock as of March 17, 2026. QIA Retail agreed to vote these shares in favor of the Merger Agreement and related proposals and against competing transactions or actions that could delay or prevent the merger.
The Voting and Support Agreement restricts transfers or other arrangements affecting these shares, with limited permitted affiliate transfers that must join the agreement. QIA Retail’s voting obligations end upon termination of the Merger Agreement, completion of the merger, certain adverse amendments, written consent of the parties, or on November 1, 2026 (or February 1, 2027 if the merger termination date is extended).
American Express Company filed an amended Schedule 13D reporting beneficial ownership of 157,786,199 shares of Global Business Travel Group, Inc. Class A common stock, representing 30.1% of the class based on 523,342,918 shares outstanding as of March 17, 2026.
On May 2, 2026, an AmEx affiliate, Amex HoldCo., entered into a Voting and Support Agreement with the issuer, Gaia Purchaser, Inc. and Gaia Merger Sub, Inc. tied to an Agreement and Plan of Merger. Amex HoldCo. agreed to vote its current and future Stockholder Securities in favor of the merger-related transactions, refrain from transferring these securities with limited exceptions, and comply with restrictions aligned to the merger’s non-solicitation provisions.
The Voting and Support Agreement will end upon closing of the merger transactions, termination of the Merger Agreement, or other specified events. Subject to closing, the existing Shareholders Agreement will be terminated with certain provisions surviving, and the reporting person expects to dispose of its Stockholder Securities in the merger, which remains subject to regulatory approval and customary closing conditions.
American Express Company filed an amended Schedule 13D reporting beneficial ownership of 157,786,199 shares of Global Business Travel Group, Inc. Class A common stock, representing 30.1% of the class based on 523,342,918 shares outstanding as of March 17, 2026.
On May 2, 2026, an AmEx affiliate, Amex HoldCo., entered into a Voting and Support Agreement with the issuer, Gaia Purchaser, Inc. and Gaia Merger Sub, Inc. tied to an Agreement and Plan of Merger. Amex HoldCo. agreed to vote its current and future Stockholder Securities in favor of the merger-related transactions, refrain from transferring these securities with limited exceptions, and comply with restrictions aligned to the merger’s non-solicitation provisions.
The Voting and Support Agreement will end upon closing of the merger transactions, termination of the Merger Agreement, or other specified events. Subject to closing, the existing Shareholders Agreement will be terminated with certain provisions surviving, and the reporting person expects to dispose of its Stockholder Securities in the merger, which remains subject to regulatory approval and customary closing conditions.
Global Business Travel Group, Inc. (Amex GBT) has agreed to be acquired by Long Lake Management in an all-cash deal. Long Lake will pay $9.50 per share, valuing the transaction at approximately $6.3 billion. The price represents a 60.2% premium to Amex GBT’s May 1, 2026 closing share price and a 65.1% premium to its 30‑day volume‑weighted average price.
Under the merger agreement, a Long Lake subsidiary will merge into Amex GBT, which will become a wholly owned subsidiary and go private after closing, targeted for the second half of 2026, subject to stockholder approval, antitrust and other regulatory clearances, and customary closing conditions. Most equity awards, including in‑the‑money options, RSUs and PSUs, will convert into cash based on the $9.50 Per Share Price.
American Express, Expedia, Qatar Investment Authority and BlackRock have signed voting agreements covering about 69% of outstanding shares, supporting the deal. The agreement includes a $200 million Company Termination Fee and a $270 million Parent Termination Fee. Financing will come from equity provided by Long Lake and Koch Equity Development and $2.5 billion of committed debt financing.
Global Business Travel Group, Inc. (Amex GBT) has agreed to be acquired by Long Lake Management in an all-cash deal. Long Lake will pay $9.50 per share, valuing the transaction at approximately $6.3 billion. The price represents a 60.2% premium to Amex GBT’s May 1, 2026 closing share price and a 65.1% premium to its 30‑day volume‑weighted average price.
Under the merger agreement, a Long Lake subsidiary will merge into Amex GBT, which will become a wholly owned subsidiary and go private after closing, targeted for the second half of 2026, subject to stockholder approval, antitrust and other regulatory clearances, and customary closing conditions. Most equity awards, including in‑the‑money options, RSUs and PSUs, will convert into cash based on the $9.50 Per Share Price.
American Express, Expedia, Qatar Investment Authority and BlackRock have signed voting agreements covering about 69% of outstanding shares, supporting the deal. The agreement includes a $200 million Company Termination Fee and a $270 million Parent Termination Fee. Financing will come from equity provided by Long Lake and Koch Equity Development and $2.5 billion of committed debt financing.
Global Business Travel Group, Inc. reported mixed Q1 2026 results. Revenue rose to $840 million from $621 million, but net income declined to $54 million from $75 million as total operating expenses increased to $837 million.
Adjusted EBITDA edged up to $150 million from $141 million, while Free Cash Flow swung to a $52 million outflow from a $26 million inflow, reflecting working capital and capital spending. Net Debt was $1.075 billion, with Net Debt / LTM Adjusted EBITDA of 2.0x.
The Company noted a proposed acquisition by Long Lake Management and, in light of this Merger, will not host an earnings call and is suspending future earnings calls and financial guidance.
Global Business Travel Group, Inc. reported mixed Q1 2026 results. Revenue rose to $840 million from $621 million, but net income declined to $54 million from $75 million as total operating expenses increased to $837 million.
Adjusted EBITDA edged up to $150 million from $141 million, while Free Cash Flow swung to a $52 million outflow from a $26 million inflow, reflecting working capital and capital spending. Net Debt was $1.075 billion, with Net Debt / LTM Adjusted EBITDA of 2.0x.
The Company noted a proposed acquisition by Long Lake Management and, in light of this Merger, will not host an earnings call and is suspending future earnings calls and financial guidance.
Global Business Travel Group, Inc. (GBTG) is holding its 2026 annual stockholders’ meeting virtually on May 13, 2026 at 10:30 a.m. Eastern Time. Stockholders of record as of March 17, 2026, when 523,342,918 Class A shares were outstanding, may vote online, by phone or by mail.
Key items include electing three Class I directors, ratifying KPMG LLP as independent auditor for 2026, an advisory “say-on-pay” vote on named executive officer compensation, and approving an amendment to the 2022 Equity Incentive Plan. The proxy also highlights 2025 performance, including 12% revenue growth to $2.72 billion, Adjusted EBITDA of $532 million and the CWT acquisition with $155 million in identified synergies.