RSU award lifts TripAdvisor (TRIP) director holdings to 110,472
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Philips Jeremy reported acquisition or exercise transactions in this Form 4 filing.
TripAdvisor, Inc. director Jeremy Philips reported an equity award rather than an open-market trade. He received 17,818 shares of Common Stock underlying restricted stock units granted in connection with his election to the Board of Directors on June 29, 2026. These RSUs vest in full on June 29, 2027. Following the grant, he directly holds 110,472 shares of TripAdvisor common stock, including the awarded RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Philips Jeremy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,818 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 110,472 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 17,818 shares
Post-grant holdings: 110,472 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
RSU grant size
17,818 shares
Restricted stock units granted June 29, 2026
Post-grant holdings
110,472 shares
Total TripAdvisor common stock held directly after grant
Grant price per share
$0.00 per share
Compensation award, not an open-market purchase
RSU vesting date
June 29, 2027
Date on which RSUs vest in full
Key Terms
restricted stock units ("RSUs"), Tripadvisor, Inc. 2023 Stock and Annual Incentive Plan, Board of Directors, Form 4
4 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 under the Tripadvisor, Inc. 2023 Stock and Annual Incentive Plan in connection with such individual's election to the Company's Board of Directors"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did TripAdvisor (TRIP) director Jeremy Philips report?
Jeremy Philips reported receiving 17,818 TripAdvisor common shares underlying restricted stock units as a compensation grant. The award was tied to his election to the Board of Directors and carries no purchase price, reflecting standard equity-based director compensation rather than a market trade.
What are the key terms of Jeremy Philips’ TripAdvisor RSU award?
The award covers 17,818 restricted stock units that convert into common shares without a cash exercise price. They were granted under the TripAdvisor, Inc. 2023 Stock and Annual Incentive Plan and are scheduled to vest in full on June 29, 2027, if service conditions are met.
When do Jeremy Philips’ TripAdvisor restricted stock units vest?
Jeremy Philips’ 17,818 restricted stock units are scheduled to vest in full on June 29, 2027. Vesting means the RSUs convert into freely owned TripAdvisor common shares, assuming he continues to meet the service conditions associated with his role on the Board of Directors.