Tripadvisor (NASDAQ: TRIP) CEO converts 27K RSUs, withholds shares
Rhea-AI Filing Summary
TripAdvisor, Inc. (TRIP) reported that CEO and President Matt Goldberg exercised previously granted Restricted Stock Units into common stock on 2026-08-14. Three RSU grants covering a total of 27,209 underlying common shares were converted, and a total of 13,157 common shares were delivered or withheld to cover payment of exercise price or tax liability. The filing’s Rule 10b5-1 checkbox was not marked as being pursuant to a trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 14,052 shares
Net Buy
9 txns
Insider
Goldberg Matt
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,324 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,699 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 17,186 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,324 | $10.97 | $91K |
| Exercise Price or Tax Liability | Common Stock | 4,025 | $10.97 | $44K |
| Exercise | Common Stock | 1,699 | $10.97 | $19K |
| Exercise Price or Tax Liability | Common Stock | 822 | $10.97 | $9K |
| Exercise | Common Stock | 17,186 | $10.97 | $189K |
| Exercise Price or Tax Liability | Common Stock | 8,310 | $10.97 | $91K |
Holdings After Transaction:
Restricted Stock Units — 235,398 shares (Direct);
Common Stock — 276,426 shares (Direct)
Key Figures
RSU exercises (underlying common shares): 27,209 shares
Shares delivered/withheld for exercise price or tax: 13,157 shares
RSU conversion price 1: $27.03 per share
+4 more
7 metrics
RSU exercises (underlying common shares)
27,209 shares
Total underlying common stock from three RSU exercises reported on 2026-08-14
Shares delivered/withheld for exercise price or tax
13,157 shares
Total common shares under code F for payment of exercise price or tax liability
RSU conversion price 1
$27.03 per share
Conversion or exercise price for 8,324 RSU-based common shares
RSU conversion price 2
$13.80 per share
Conversion or exercise price for 1,699 RSU-based common shares
RSU conversion price 3
$14.91 per share
Conversion or exercise price for 17,186 RSU-based common shares
Common stock transaction price
$10.97 per share
Price reported for common stock acquired and withheld on 2026-08-14
Derivative exercise count
3 transactions
Number of RSU derivative exercises (codes M) in the Form 4
Key Terms
Restricted Stock Units, derivative security, exercise price or tax liability, Rule 10b5-1
4 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 financial
"transaction_action: "exercise-price-or-tax-liability disposition""
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transactions did TRIP CEO Matt Goldberg report on 2026-08-14?
Matt Goldberg reported exercising 27,209 RSU-based common shares of TripAdvisor, Inc. on 2026-08-14. In connection with these exercises, 13,157 common shares were delivered or withheld to satisfy payment of exercise price or tax liability.
How many TripAdvisor (TRIP) RSU grants did the CEO convert to common stock?
The CEO converted three Restricted Stock Unit grants into TripAdvisor common stock. These grants covered 8,324, 1,699, and 17,186 underlying common shares, respectively, all exercised on 2026-08-14 as shown in the Form 4.
Were the TripAdvisor (TRIP) CEO’s transactions under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote stating the transactions were under a pre-arranged trading plan. The Form 4 therefore does not characterize these trades as made pursuant to Rule 10b5-1.
Did the TripAdvisor (TRIP) CEO report any open derivative positions after these RSU exercises?
The Form 4’s derivative summary shows no remaining derivative positions in this particular report. It lists three derivative transactions (RSU exercises) but does not display any ongoing derivative holdings in the derivative holdings section.
AI-generated analysis. How Rhea-AI works. Not financial advice.
