TripAdvisor (TRIP) CFO updates Form 4/A on RSU tax share withholding
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
TripAdvisor, Inc. CFO and SVP Michael Noonan filed an amended insider report updating a prior Form 4. The amendment corrects the number of common shares withheld to cover tax obligations from restricted stock unit vesting to 3,776 shares at $12.43 per share. Following this tax-withholding disposition, he directly beneficially owns 102,276 TripAdvisor shares, reflecting an increase of 265 shares versus the originally reported amount.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Noonan Michael
Role
CFO & SVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,776 | $12.43 | $47K |
Holdings After Transaction:
Common Stock — 102,276 shares (Direct)
Footnotes (1)
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FAQ
What did TripAdvisor (TRIP) CFO Michael Noonan report in this Form 4/A?
Michael Noonan reported an amended insider transaction adjusting shares withheld for taxes. The filing corrects a previous Form 4 related to restricted stock unit vesting and updates his directly beneficially owned TripAdvisor common stock position to 102,276 shares after the tax-withholding disposition.
Why was Michael Noonan’s original TripAdvisor Form 4 amended?
The original Form 4 incorrectly reported that 4,041 shares were withheld for taxes. The amendment corrects this to 3,776 shares, increasing the number of shares acquired and beneficially owned by Michael Noonan by 265, as clarified in the footnote to the amended filing.
What type of insider transaction did Michael Noonan report for TripAdvisor (TRIP)?
The transaction is a tax-withholding disposition coded “F,” meaning shares were withheld to cover tax liabilities. It involves 3,776 shares of TripAdvisor common stock related to restricted stock unit vesting, rather than a voluntary open-market purchase or sale of shares by the executive.