TripAdvisor (TRIP) CEO Matt Goldberg granted time-based and performance RSU awards
Rhea-AI Filing Summary
Goldberg Matt reported acquisition or exercise transactions in this Form 4 filing.
TripAdvisor, Inc. reported that CEO and President Matt Goldberg received two equity awards in the form of restricted stock units tied to the company’s common stock. One award covers 202,169 time-based RSUs that begin vesting with 25% on February 15, 2027, with 6.25% vesting quarterly thereafter until fully vested on February 15, 2030. The second award covers 202,169 performance-based RSUs, where the actual number of units that vest will depend on performance against metrics set by the Compensation Committee for the period ending December 31, 2027. Any earned performance units are scheduled to vest and settle 50% on or about December 31, 2027 and the remaining 50% on December 31, 2028. Both awards are coded as grants, reflecting compensation rather than open-market purchases or sales.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 202,169 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units (Performance-Based) | 202,169 | $0.00 | $0.00 |
Footnotes (2)
- F1. Date at which first vesting occurs is indicated. 25% of the total number of RSUs vest on February 15, 2027, and 6.25% will vest quarterly thereafter. The award is fully vested on February 15, 2030.
- F2. The number of PSUs to vest and settle will be based on actual performance relative to the performance metrics, targets and weightings established by the Compensation Committee for the performance period ended December 31, 2027. The number of derivative securities set forth above is the target number of PSUs. The actual number of PSUs will vest and settle 50% on or about December 31, 2027 and the remaining 50% on December 31, 2028.
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