TripAdvisor (TRIP) awards 17,818 RSUs to new board member
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bisesto Laura reported acquisition or exercise transactions in this Form 4 filing.
TripAdvisor, Inc. director Laura Bisesto received an equity grant tied to her board service. She was awarded 17,818 shares of Common Stock underlying restricted stock units (RSUs) at a stated price of $0.00 per share, reflecting a compensation grant rather than a market purchase.
The RSUs were granted under the Tripadvisor, Inc. 2023 Stock and Annual Incentive Plan in connection with her election to the Board of Directors on June 29, 2026. These RSUs vest in full on June 29, 2027, meaning she must remain in service until that date to receive the shares. Following this award, Bisesto beneficially owns 17,818 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bisesto Laura
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
RSUs granted: 17,818 shares
Grant price: $0.00 per share
Post-transaction holdings: 17,818 shares
+2 more
5 metrics
RSUs granted
17,818 shares
Restricted stock units granted June 29, 2026
Grant price
$0.00 per share
Stated transaction price for RSU award
Post-transaction holdings
17,818 shares
Total TripAdvisor shares beneficially owned after grant
Vesting date
June 29, 2027
RSUs vest in full on this date
Transaction type
Grant/award acquisition
Form 4 code A, non-derivative common stock
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
"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 did TripAdvisor (TRIP) director Laura Bisesto report in this Form 4?
Laura Bisesto reported receiving a grant of 17,818 restricted stock units of TripAdvisor common stock as director compensation. The award was made under the Tripadvisor, Inc. 2023 Stock and Annual Incentive Plan in connection with her election to the company’s Board of Directors.
When do Laura Bisesto’s TripAdvisor (TRIP) RSUs vest?
The restricted stock units granted to Laura Bisesto vest in full on June 29, 2027. She generally must continue serving as a director through that date for the RSUs to convert into TripAdvisor common shares that she can own outright.
What is Laura Bisesto’s TripAdvisor (TRIP) holding after this Form 4 transaction?
After the reported transaction, Laura Bisesto beneficially owns 17,818 TripAdvisor shares, all tied to the new RSU award. The filing shows these as directly held, reflecting her total reported position following the grant recorded on June 29, 2026.
Under which plan were Laura Bisesto’s TripAdvisor (TRIP) RSUs granted?
The RSUs were granted under the Tripadvisor, Inc. 2023 Stock and Annual Incentive Plan. This plan provides equity-based compensation, such as restricted stock units, to directors and other eligible participants as part of their overall remuneration package.