TripAdvisor (TRIP) director gets 19,171-share award as Form 4 error corrected
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
WIESENTHAL ROBERT S reported acquisition or exercise transactions in this Form 4 filing.
TripAdvisor, Inc. director Robert S. Wiesenthal reported an amended insider transaction reflecting an equity award. On June 18, 2025, he received 19,171 shares of Common Stock as a grant or award at no cash cost per share, increasing his direct holdings to 92,654 shares.
A footnote explains that a prior Form 4 inadvertently overstated his beneficial ownership by 13,616 shares, and the new figure disclosed in this amendment is intended to be the correct post-transaction amount.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WIESENTHAL ROBERT S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,171 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 92,654 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity award: 19,171 shares
Award price: $0.0000 per share
Holdings after transaction: 92,654 shares
+1 more
4 metrics
Equity award
19,171 shares
Common Stock grant on June 18, 2025
Award price
$0.0000 per share
Reported transaction price for the grant
Holdings after transaction
92,654 shares
Beneficially owned following reported transactions
Prior overstatement
13,616 shares
Amount by which holdings were previously overstated
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 incorrectly reported"
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 Robert S. Wiesenthal?
TripAdvisor director Robert S. Wiesenthal reported receiving 19,171 shares of Common Stock as an equity grant or award. The shares were acquired at no cash cost and increased his directly held position disclosed in the filing.
Why was this TripAdvisor (TRIP) Form 4/A filing amended?
The Form 4/A corrects an inadvertent error in a prior Form 4 that overstated Wiesenthal’s beneficially owned shares by 13,616. The amendment updates Column 5 to show the corrected number of shares he beneficially owns following the reported award.
Was the TripAdvisor (TRIP) insider transaction a market purchase or a grant?
The transaction was a grant or award of 19,171 TripAdvisor Common Stock shares, not an open-market purchase. The filing shows a price per share of $0.0000, which is typical for equity compensation awards rather than cash-funded share purchases.