Tripadvisor (NASDAQ: TRIP) exec converts 4,438 RSUs to stock
Rhea-AI Filing Summary
TripAdvisor, Inc. (TRIP) reported that Chief Accounting Officer Geoffrey Gouvalaris exercised multiple Restricted Stock Units into common stock on 2026-08-14. Three derivative transactions converted an aggregate of 4,438 Restricted Stock Units into an equal number of common shares through code M transactions. Corresponding non-derivative entries show acquisitions of 1,370, 867, and 2,201 common shares at a reported transaction price of $10.97 per share, with separate code F dispositions where a total of 1,304 common shares were delivered or withheld to satisfy exercise price or tax obligations. All positions are reported as held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,134 shares
Net Buy
9 txns
Insider
Gouvalaris Geoffrey
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,370 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 867 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,201 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,370 | $10.97 | $15K |
| Exercise Price or Tax Liability | Common Stock | 403 | $10.97 | $4K |
| Exercise | Common Stock | 867 | $10.97 | $10K |
| Exercise Price or Tax Liability | Common Stock | 255 | $10.97 | $3K |
| Exercise | Common Stock | 2,201 | $10.97 | $24K |
| Exercise Price or Tax Liability | Common Stock | 646 | $10.97 | $7K |
Holdings After Transaction:
Restricted Stock Units — 29,952 shares (Direct);
Common Stock — 108,518 shares (Direct)
Key Figures
RSUs exercised (total): 4,438 shares
Common shares acquired (1st leg): 1,370 shares
Common shares acquired (2nd leg): 867 shares
+5 more
8 metrics
RSUs exercised (total)
4,438 shares
Aggregate underlying shares in three code M derivative transactions on 2026-08-14
Common shares acquired (1st leg)
1,370 shares
Common stock received from RSU exercise at $10.97 per share
Common shares acquired (2nd leg)
867 shares
Common stock received from RSU exercise at $10.97 per share
Common shares acquired (3rd leg)
2,201 shares
Common stock received from RSU exercise at $10.97 per share
Shares withheld for exercise price or tax
1,304 shares
Total of three code F dispositions of common stock on 2026-08-14
Reported transaction price
$10.97 per share
Price used for non-derivative common stock entries on 2026-08-14
Conversion or exercise price (RSU leg 2)
$27.03 per share
Conversion or exercise price for 867 Restricted Stock Units into common stock
Conversion or exercise price (RSU leg 3)
$14.91 per share
Conversion or exercise price for 2,201 Restricted Stock Units into common stock
Key Terms
Restricted Stock Units, derivative security, exercise-price-or-tax-liability disposition
3 terms
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
exercise-price-or-tax-liability disposition financial
"transaction_action": "exercise-price-or-tax-liability disposition""
FAQ
What insider activity did TRIP executive Geoffrey Gouvalaris report on 2026-08-14?
Geoffrey Gouvalaris reported exercising 4,438 Restricted Stock Units into common stock and related share withholdings on 2026-08-14. The transactions involved both acquisitions of common shares and dispositions to cover exercise price or tax obligations.
How many Restricted Stock Units did the TripAdvisor (TRIP) insider exercise?
The insider exercised a total of 4,438 Restricted Stock Units into TripAdvisor common stock. These came from three derivative transactions covering 1,370, 867, and 2,201 units, each converting into an equal number of common shares on the same date.
At what price were TripAdvisor (TRIP) common stock transactions recorded in this Form 4?
The related common stock transactions were reported at $10.97 per share. This per-share amount applies to the non-derivative entries for both the acquisitions and the code F dispositions tied to the RSU exercises on 2026-08-14.
What does the code F disposition in the TRIP Form 4 filing represent?
The code F transactions represent 1,304 common shares delivered or withheld for payment of exercise price or tax liability. They are not open-market sales but administrative dispositions associated with the RSU exercises reported the same day.
Is the insider activity in this TripAdvisor (TRIP) Form 4 a net purchase or sale?
The filing reports both acquisitions and dispositions, including RSU exercises and code F withholdings. The structured summary characterizes the net buy/sell share impact as neutral, without indicating an overall market purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
