Global Business Travel Group, Inc. SEC Filings

GBTG filed a Form 144 notice for a proposed sale of 400 common shares through Morgan Stanley Smith Barney on the NYSE, with an aggregate market value of $3,184.00. The approximate sale date is 11/10/2025.

The seller acquired these shares via restricted stock units on 03/01/2025. In the past three months, there was a separate sale of 4,239 shares on 08/15/2025 for $33,339.31 under a 10b5-1 plan for John David Thompson. Shares outstanding were 523,526,133.

Global Business Travel Group (GBTG) reported Q3 results and closed the acquisition of CWT. Revenue rose to $674 million from $597 million, driven by higher travel and services activity. Operating income was $12 million, but a $29 million restructuring charge and a $26 million loss on earnout liabilities contributed to a net loss of $62 million (basic and diluted EPS $-0.13).

Year-to-date, revenue reached $1.926 billion and net income was $28 million. The CWT deal totaled $607 million, including $408 million in shares (50,357,742 issued) and $196 million in cash; since closing, CWT contributed $57 million of revenue and a $36 million net loss. Cash from operations was $181 million for the nine months, with investing outflows of $201 million (including acquisitions) and financing outflows of $81 million. Cash and equivalents were $427 million and long‑term debt was $1.366 billion as of September 30, 2025. Shares outstanding were 525,945,634 as of September 30, 2025.

Global Business Travel Group, Inc. (GBTG) furnished an 8-K to announce its financial results for the quarter ended September 30, 2025. The results were released via a press release attached as Exhibit 99.1.

The submission is being furnished, not filed, and is therefore not subject to Section 18 liabilities of the Exchange Act, nor incorporated by reference into other filings unless expressly stated. The company’s Class A common stock trades on the NYSE under GBTG.

Global Business Travel Group, Inc. (GBTG) filed an Amendment No. 1 to its Form 8-K to provide the financial statements and pro forma information for its completed acquisition of CWT Holdings, LLC, as required by Items 9.01(a) and 9.01(b).

The filing adds: (i) audited CWT consolidated financials for the year ended December 31, 2024, (ii) unaudited CWT consolidated financials for the six months ended June 30, 2025, and (iii) unaudited pro forma condensed consolidated balance sheet as of June 30, 2025 and statements of operations for the six months ended June 30, 2025 and the year ended December 31, 2024. The pro forma information is described as illustrative and not necessarily indicative of future results.

Global Business Travel Group, Inc. (GBTG) filed an automatic shelf resale registration covering up to 50,757,742 shares of Class A common stock to be offered from time to time by selling stockholders. These shares were issued or are issuable in connection with the Mergers through which GBTG acquired CWT, and are being registered pursuant to a registration rights agreement with former CWT equityholders.

GBTG is not selling any shares under this prospectus and will not receive proceeds from sales by the selling stockholders. The shares may be sold in various ways, including through underwriters, broker-dealers, agents, or private transactions, at market or negotiated prices. The registration includes 400,000 Holdback Shares that may be released on June 2, 2026 pursuant to the merger agreement.

As context, Class A common stock outstanding was 524,280,180 shares as of October 28, 2025. GBTG’s Class A common stock trades on the NYSE under “GBTG”; the last reported price was $8.13 per share on October 28, 2025.

Qatar Investment Authority (QIA) reports beneficial ownership of 87,659,000 shares of Class A common stock of Global Business Travel Group, Inc., representing 16.6% of the outstanding Class A shares. The stake is held of record by QIA Retail Holding LLC, a wholly-owned QIA subsidiary, and QIA asserts sole voting and dispositive power over these shares. The filing states no purchases or sales in the past 60 days; the change in ownership percentage reflects a change in the total shares outstanding rather than recent trades. QIA lists its principal office in Doha and certifies no relevant legal proceedings in the past five years.

John Edward Pelant, identified as an officer and director of Global Business Travel Group, Inc. (GBTG) and holding the title Executive Vice President, Traveler Experience and U.S. Defense & Government, filed an initial Section 16 statement disclosing that he does not beneficially own any securities of the issuer. The filing indicates the report was made under the issuer's Section 16 reporting requirements and was submitted by an attorney-in-fact on behalf of the reporting person. No derivative or non-derivative holdings are listed, and an Exhibit 24 power of attorney is referenced.

Patricia Anne Huska, Chief People Officer of Global Business Travel Group, Inc. (GBTG), reported a disposition of 122,000 shares of Class A common stock on 09/10/2025 at a reported price of $7.93 per share. The filing shows she beneficially owns 1,260,925 shares after the transaction. The form notes these shares were repurchased by the issuer under a board-approved repurchase program, indicating the company executed the reduction rather than an open-market sale by the officer.

Insider transaction summary: Andrew George Crawley, an officer and director of Global Business Travel Group, Inc. (GBTG), reported a sale of 150,000 shares of Class A common stock on 09/05/2025 at a price of $8.11 per share. The filing states these shares were repurchased by the issuer under a board-approved repurchase program. After the reported transaction, Crawley beneficially owned 1,242,226 shares, which includes shares acquired through the company’s Employee Stock Purchase Plan on 08/14/2025. The Form 4 was signed by an attorney-in-fact on 09/09/2025.