TripAdvisor awards director 17,818 restricted shares
CATES ANDREW F. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
CATES ANDREW F. reported acquisition or exercise transactions in this Form 4 filing.
TripAdvisor director Andrew F. Cates received a stock grant as board compensation. He was awarded 17,818 shares of TripAdvisor common stock at no cost, classified as restricted shares under the company’s 2023 Stock and Annual Incentive Plan. These restricted shares vest in full on June 29, 2027. Following the grant, Cates directly holds 33,704 TripAdvisor shares.
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Insights
Routine equity grant compensates a TripAdvisor director with time-vested shares.
Director Andrew F. Cates was granted 17,818 restricted shares of TripAdvisor, Inc. common stock at a stated price of $0.00 per share. The grant is tied to his election to the Board and comes under the 2023 Stock and Annual Incentive Plan, indicating standard board compensation rather than a market purchase.
The shares vest in full on June 29, 2027, creating a multi‑year incentive for alignment with shareholders. After this award, Cates directly owns 33,704 shares. There are no derivative holdings reported in this filing, and no open‑market buying or selling activity is disclosed.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,818 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted shares 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 on June 29, 2026. Such restricted shares vest in full on June 29, 2027.
Key Figures
Key Terms
2023 Stock and Annual Incentive Plan financial
Board of Directors financial
vesting financial
FAQ
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What insider transaction did TripAdvisor (TRIP) report for Andrew F. Cates?
Was the TripAdvisor (TRIP) Form 4 transaction an open-market buy or a grant?
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