Director Carl Sparks granted 17,818 RSUs at TripAdvisor (TRIP)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sparks Carl reported acquisition or exercise transactions in this Form 4 filing.
TripAdvisor, Inc. director Carl Sparks reported receiving a grant of 17,818 shares of common stock underlying restricted stock units (RSUs). The award was made under the Tripadvisor, Inc. 2023 Stock and Annual Incentive Plan in connection with his election to the Board of Directors on June 29, 2026.
The RSUs were granted at no cash cost and will vest in full on June 29, 2027, meaning Sparks must remain in service until that date to receive the shares. Following this grant, he directly holds 17,818 shares, all from this RSU award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sparks Carl
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,818 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 17,818 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 17,818 shares
Grant price: $0.00 per share
Post-transaction holdings: 17,818 shares
+1 more
4 metrics
RSU grant size
17,818 shares
Restricted stock units granted June 29, 2026
Grant price
$0.00 per share
Equity award, no cash paid by insider
Post-transaction holdings
17,818 shares
Total common stock held directly after RSU grant
Vesting date
June 29, 2027
RSUs vest in full on this date
Key Terms
restricted stock units ("RSUs"), Tripadvisor, Inc. 2023 Stock and Annual Incentive Plan, Board of Directors
3 terms
restricted stock units ("RSUs") financial
"Represents shares underlying restricted stock units ("RSUs") granted under the Tripadvisor, Inc. 2023 Stock and Annual Incentive Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Tripadvisor, Inc. 2023 Stock and Annual Incentive Plan financial
"RSUs granted under the Tripadvisor, Inc. 2023 Stock and Annual Incentive Plan in connection with such individual's election"
Board of Directors financial
"granted ... in connection with such individual's election to the Company's Board of Directors on June 29, 2026"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What insider transaction did TripAdvisor (TRIP) report for Carl Sparks?
TripAdvisor reported that director Carl Sparks received a grant of 17,818 restricted stock units. These RSUs were awarded under the 2023 Stock and Annual Incentive Plan in connection with his election to the Board of Directors on June 29, 2026.
When do Carl Sparks’ TripAdvisor (TRIP) RSUs vest?
The 17,818 restricted stock units granted to Carl Sparks vest in full on June 29, 2027. Vesting requires continued service on TripAdvisor’s Board of Directors until that date before the underlying common shares are delivered to him.
Was Carl Sparks’ TripAdvisor (TRIP) equity grant an open-market purchase?
No, the filing shows Carl Sparks received a grant or award of 17,818 RSUs at no cash cost. This is a board compensation grant under TripAdvisor’s 2023 Stock and Annual Incentive Plan, not an open-market stock purchase transaction.
What plan governs Carl Sparks’ TripAdvisor (TRIP) RSU award?
The RSU grant to Carl Sparks was issued under the Tripadvisor, Inc. 2023 Stock and Annual Incentive Plan. This plan provides equity-based compensation, and his 17,818-unit award is tied to his election to the company’s Board of Directors on June 29, 2026.