[144] Trip.com Group Limited American SEC Filing

Rhea-AI Filing Summary

Trip.com Group (TCOM) insider sale notice: A holder associated with Trip.com Group Ltd acquired and intends to sell 70,000 ADS on 09/02/2025. The filing shows the shares were acquired the same day via an employee stock option exercise and payment was made by option cost. The broker listed is The Core Securities Co., Ltd., and the sale is to occur on NASDAQ. The aggregate market value of the securities to be sold is reported as $4,544,400.00, versus 653,270,717 ADS outstanding. The filer reports no securities sold in the past three months and affirms no undisclosed material adverse information.

Positive

• Full Rule 144 disclosure provided including acquisition date, nature of acquisition, broker, planned sale date, and aggregate market value
• No sales in past three months reported for the account, simplifying aggregation calculations under Rule 144

Negative

• Insider intends to sell ADS totaling $4,544,400, which investors may view as an insider monetizing shares

Insights

Securities Analyst

TL;DR Routine insider sale filing: 70,000 ADS from an employee option exercise, $4.54M aggregate value, to be sold on NASDAQ.

This Form 144 documents a proposed Rule 144 sale by an insider who exercised employee stock options and plans to sell the resulting 70,000 ADS the same day. The filing lists the broker and the aggregate market value, and indicates no prior sales in the past three months. For investors, this is a disclosure of insider liquidity rather than evidence of material change to operations, given the small size relative to outstanding ADS.

Corporate Governance Expert

TL;DR Compliance-focused filing: the notice meets Rule 144 disclosure requirements for an insider sale following option exercise.

The document provides required information: acquisition date, nature of acquisition (employee option exercise), payment method, broker, planned sale date, and aggregate market value. The signer affirms no undisclosed material adverse information. From a governance perspective, the filing is standard and shows adherence to disclosure obligations; it does not by itself indicate management or board-level changes.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
ADS(Common)	The Core Securities Co., Ltd. Suite C, 20/F., Standard Chartered Bank Building, 4-4A Des Voeux Road Central Central K3 999077	70000	4544400.00	653270717	09/02/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
ADS(Common)	09/02/2025	Employee Stock Option Exercise	Trip.com Group Ltd			70000	09/02/2025	Option Cost

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Trip.com Group's Form 144 filed for TCOM disclose?

The filing discloses a proposed sale of 70,000 ADS acquired by an employee stock option exercise on 09/02/2025, with aggregate market value of $4,544,400.00.

When will the 70,000 ADS be sold and on which exchange?

The notice states the approximate sale date is 09/02/2025 and the securities are to be sold on NASDAQ.

Who is the broker handling the sale in the Form 144?

The broker named in the filing is The Core Securities Co., Ltd. with the address provided in the notice.

How many Trip.com ADS are outstanding compared to the shares being sold?

The filing lists 653,270,717 ADS outstanding; the 70,000 ADS represent a very small fraction of outstanding shares.

Did the filer sell any Trip.com securities in the past three months?

The filing reports Nothing to Report for securities sold during the past three months by the person for whose account the securities are to be sold.