Here are the Form 4 insider transactions from Trip.com Group Limited (TCOM) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow TCOM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TCOM filings page.
Trip.com Group Ltd director-related entity enters prepaid variable forward on ADSs. Smart Charm Limited, a British Virgin Islands company wholly owned and controlled by Liang Jianzhang’s spouse, entered into a prepaid variable forward contract on September 3, 2025 with an unaffiliated buyer.
The contract obligates Smart Charm Limited to deliver to the buyer up to an aggregate of 1,000,000 American depositary shares (ADSs), or at its election an equivalent amount of cash based on the ADS market price, on three settlement dates in September 2028. Smart Charm Limited pledged 1,000,000 ADSs to secure this obligation, retaining voting rights but owing the buyer certain dividend economics during the pledge.
Settlement amounts depend on the ADS volume‑weighted average price relative to specified floor and cap levels, using stated formulas. The filing classifies this as an “other” derivative restructuring transaction, not an open‑market purchase or sale.