TripAdvisor (TRIP) director Kathryn Blake gets 19,171-share grant, corrects ownership
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
BLAKE KATRYN reported acquisition or exercise transactions in this Form 4 filing.
TripAdvisor, Inc. director Kathryn Blake reported an amended Form 4 showing a stock-based compensation award and corrected ownership. She received a grant of 19,171 shares of common stock at no purchase price, increasing her direct holdings to 82,042 shares following the transaction. The amendment also explains that a prior Form 4 had inadvertently overstated her beneficially owned shares by 13,616, and the new figure in the post-transaction column reflects the corrected ownership amount.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BLAKE KATRYN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,171 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 82,042 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock grant size: 19,171 shares
Post-transaction holdings: 82,042 shares
Share overstatement correction: 13,616 shares
+1 more
4 metrics
Stock grant size
19,171 shares
Common stock award on June 18, 2025
Post-transaction holdings
82,042 shares
Shares beneficially owned following the transaction
Share overstatement correction
13,616 shares
Previously overstated beneficial ownership corrected in amendment
Price per granted share
$0.0000 per share
Indicates no cash paid for the stock grant
Key Terms
Grant, award, or other acquisition, beneficially owned, Form 4, Common Stock
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
beneficially owned financial
"incorrectly reported the amount of securities beneficially owned following reported transactions"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Form 4 regulatory
"Due to an inadvertent error, the Form 4 filed on June 20, 2025"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did TripAdvisor (TRIP) report for director Kathryn Blake?
TripAdvisor reported that director Kathryn Blake received a grant of 19,171 shares of common stock as a stock-based award. The shares were acquired at no purchase price, reflecting routine equity compensation rather than an open-market share purchase or sale.
Why was this TripAdvisor (TRIP) Form 4/A filed as an amendment?
The Form 4/A corrects an inadvertent error in a Form 4 filed June 20, 2025. That earlier filing overstated Blake’s beneficially owned shares by 13,616. The amended report updates the post-transaction ownership column to show the accurate number of shares held.