Tripadvisor exec exercises 15,309 RSUs to stock

TripAdvisor, Inc. (TRIP) reported that CFO & SVP Michael Noonan exercised previously granted Restricted Stock Units into common stock on August 14, 2026.

Rhea-AI Filing Summary

TripAdvisor, Inc. (TRIP) reported that CFO & SVP Michael Noonan exercised previously granted Restricted Stock Units into common stock on August 14, 2026. Three RSU awards covering 15,309 common shares were converted, and 7,402 shares of common stock were delivered or withheld to cover the exercise price or tax liability. The transactions are reported as direct ownership and do not reflect any open-market purchases or sales.

Insider Trade Summary

15,309 shares exercised/converted

Exercise 9 txns

Insider Noonan Michael

Role CFO & SVP

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	4,215	$0.00	$0.00
Exercise	Restricted Stock Units	3,758	$0.00	$0.00
Exercise	Restricted Stock Units	7,336	$0.00	$0.00
Exercise	Common Stock	4,215	$10.97	$46K
Exercise Price or Tax Liability	Common Stock	2,038	$10.97	$22K
Exercise	Common Stock	3,758	$10.97	$41K
Exercise Price or Tax Liability	Common Stock	1,817	$10.97	$20K
Exercise	Common Stock	7,336	$10.97	$80K
Exercise Price or Tax Liability	Common Stock	3,547	$10.97	$39K

Holdings After Transaction: Restricted Stock Units — 104,334 contracts (Direct); Common Stock — 147,217 shares (Direct)

Key Figures

Total RSU exercises: 15,309 shares Shares delivered/withheld for exercise price or taxes: 7,402 shares RSU lot 1: 4,215 units +3 more

6 metrics

Total RSU exercises 15,309 shares Underlying common shares from RSU exercises (transactionSummary.exerciseShares)

Shares delivered/withheld for exercise price or taxes 7,402 shares Common shares for payment of exercise price or tax liability (code F)

RSU lot 1 4,215 units Restricted Stock Units converting into 4,215 common shares at $0.0000 exercise price

RSU lot 2 3,758 units Restricted Stock Units converting into 3,758 common shares at $27.0300 per unit

RSU lot 3 7,336 units Restricted Stock Units converting into 7,336 common shares at $14.9100 per unit

Common stock transaction price $10.97 per share Price reported for common stock acquired and delivered/withheld on August 14, 2026

Key Terms

Restricted Stock Units, derivative security, Payment of exercise price or tax liability

3 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units""

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: "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.

Payment of exercise price or tax liability financial

"transaction_code_description: "Payment of exercise price or tax liability by delivering or withholding securities""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did TRIP executive Michael Noonan report on this Form 4?

Michael Noonan reported exercising Restricted Stock Units into TripAdvisor common stock on August 14, 2026. Three RSU grants were converted into 15,309 common shares, with some of the resulting shares delivered or withheld to cover exercise price or tax obligations.

How many TripAdvisor (TRIP) shares were acquired through RSU exercises?

The filing shows RSU exercises covering 15,309 underlying common shares. These came from three RSU awards of 4,215, 3,758, and 7,336 units, each converting on August 14, 2026, into an equal number of TripAdvisor common shares.

How many TripAdvisor (TRIP) shares were used to pay exercise price or taxes?

A total of 7,402 common shares were delivered or withheld to pay the exercise price or tax liability. These consisted of 2,038, 1,817, and 3,547 shares associated with the RSU conversions reported on August 14, 2026.

What were the key prices involved in Michael Noonan’s TRIP RSU transactions?

The RSU conversions reference exercise or conversion prices of $0.00, $27.03, and $14.91 per unit. Related common stock entries show a transaction price of $10.97 per share for both acquired shares and those delivered or withheld for exercise price or taxes.

Were Michael Noonan’s TRIP transactions market buys or sales of common stock?

The Form 4 reports derivative exercises and related share deliveries, not open-market trades. Code M entries reflect RSU exercises into common stock, and code F entries reflect shares delivered or withheld to pay exercise price or tax liability, rather than ordinary market purchases or sales.

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

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Available on EDGAR 08/18/2026 - 05:39 PM Accepted by SEC EDGAR 08/18/2026 - 05:38 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Noonan Michael

(Last) (First) (Middle)

C/O TRIPADVISOR, INC.

400 1ST AVENUE

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO & SVP

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/14/2026		M		4,215	A	$10.97	143,525	D
Common Stock	08/14/2026		F		2,038	D	$10.97	141,487	D
Common Stock	08/14/2026		M		3,758	A	$10.97	145,245	D
Common Stock	08/14/2026		F		1,817	D	$10.97	143,428	D
Common Stock	08/14/2026		M		7,336	A	$10.97	150,764	D
Common Stock	08/14/2026		F		3,547	D	$10.97	147,217	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0	08/14/2026		M			4,215	02/15/2024	02/15/2027	Common Stock	4,215	$0	8,432	D
Restricted Stock Units	$27.03	08/14/2026		M			3,758	02/15/2025	02/15/2028	Common Stock	3,758	$0	22,545	D
Restricted Stock Units	$14.91	08/14/2026		M			7,336	02/15/2026	02/15/2029	Common Stock	7,336	$0	73,357	D

Explanation of Responses:

	/s/ Linda C. Frazier, attorney in fact	08/18/2026
	** Signature of Reporting Person	Date
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)