STOCK TITAN

TripAdvisor (NASDAQ: TRIP) CBO converts 872 RSUs into common shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TripAdvisor, Inc. reported that Chief Business Officer Christiaan-Pepijn Rijvers exercised 872 Restricted Stock Units into an equal number of common shares on July 31, 2026. The derivative RSU position decreased to 7,847 units, while directly held common stock increased to 12,860 shares at a reported price of $14.19 per share.

Positive

  • None.

Negative

  • None.
Insider Rijvers Christiaan-Pepijn
Role Chief Business Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 872 $0.00 $0.00
Exercise Common Stock 872 $14.19 $12K
Holdings After Transaction: Restricted Stock Units — 7,847 shares (Direct); Common Stock — 12,860 shares (Direct)
RSUs converted 872 shares Restricted Stock Units exercised into common stock on 2026-07-31
Reported price per share $14.19 Price for 872 TripAdvisor common shares acquired in the M-coded transaction
Common stock holdings after transaction 12,860 shares Directly held TripAdvisor common stock following the July 31, 2026 exercise
RSU holdings after transaction 7,847 units Remaining Restricted Stock Units reported after exercising 872 units
Restricted Stock Units financial
"security_title lists Restricted Stock Units as the derivative equity award"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description says Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Rule 10b5-1 regulatory
"aff_10b5_one flag relates to Rule 10b5-1 trading plans"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did TripAdvisor (TRIP) disclose on July 31, 2026?

TripAdvisor disclosed that CBO Christiaan-Pepijn Rijvers exercised 872 Restricted Stock Units into 872 common shares on July 31, 2026. The transaction was coded as an exercise or conversion of a derivative security (code M) rather than an open-market purchase or sale.

How many TripAdvisor (TRIP) shares does Christiaan-Pepijn Rijvers hold after this Form 4?

After the reported transactions, Rijvers holds 12,860 shares of TripAdvisor common stock directly. He also reports a remaining position of 7,847 Restricted Stock Units, reflecting a combination of current share ownership and unconverted equity awards.

What price per share was reported for the TripAdvisor (TRIP) common stock in this Form 4?

The Form 4 reports a per-share price of $14.19 for the 872 TripAdvisor common shares acquired in the derivative exercise. This price applies only to the common stock row and not to the Restricted Stock Units, which carry a stated exercise price of $0.00.

Were the TripAdvisor (TRIP) insider transactions made under a Rule 10b5-1 trading plan?

The Rule 10b5-1 checkbox in the filing was not marked as plan-based. This means the transactions were not identified in the report as being executed under a pre-arranged Rule 10b5-1 trading plan for the insider.

What Restricted Stock Unit holdings remain for TripAdvisor (TRIP) executive Christiaan-Pepijn Rijvers?

Following the exercise of 872 RSUs, Rijvers reports owning 7,847 Restricted Stock Units. These RSUs are shown as a continuing derivative position, separate from his directly held 12,860 shares of TripAdvisor common stock after the transaction.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rijvers Christiaan-Pepijn

(Last)(First)(Middle)
400 1ST AVENUE
C/O TRIPADVISOR, INC.

(Street)
NEEDHAM MASSACHUSETTS 02494

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TripAdvisor, Inc. [ TRIP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Business Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/31/2026M872A$14.1912,860D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$007/31/2026M87205/01/202611/01/2028Common Stock872$07,847D
Explanation of Responses:
/s/ Linda C. Frazier, attorney in fact08/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)