TripAdvisor (TRIP) CEO exercises RSUs, lifts direct stake to 239,998 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TripAdvisor, Inc. CEO and President Matt Goldberg exercised restricted stock units into common shares in a routine compensation-related transaction. He converted 16,115 restricted stock units into 16,115 shares of common stock. Of these, 7,792 shares were withheld at a price of $10.66 per share to cover tax obligations, rather than being sold on the open market. After these transactions, he directly owns 239,998 shares of TripAdvisor common stock, a net increase of 8,323 shares from this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
16,115 shares exercised/converted
Mixed
3 txns
Insider
Goldberg Matt
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 16,115 | $0.00 | -- |
| Exercise | Common Stock | 16,115 | $10.66 | $172K |
| Tax Withholding | Common Stock | 7,792 | $10.66 | $83K |
Holdings After Transaction:
Restricted Stock Units — 16,117 shares (Direct);
Common Stock — 247,790 shares (Direct)
Footnotes (1)
Key Figures
RSUs exercised: 16,115 units
Shares withheld for taxes: 7,792 shares at $10.66
Net shares gained: 8,323 shares
+2 more
5 metrics
RSUs exercised
16,115 units
Restricted Stock Units converted to common stock on 2026-04-01
Shares withheld for taxes
7,792 shares at $10.66
Tax-withholding disposition on 2026-04-01
Net shares gained
8,323 shares
Difference between RSUs exercised and shares withheld
Shares held after transactions
239,998 shares
Direct TripAdvisor common stock ownership after 2026-04-01
Implied share value
$10.66 per share
Price used for tax-withholding disposition
Key Terms
Restricted Stock Units, derivative security, tax-withholding disposition, Form 4
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.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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 did TripAdvisor (TRIP) CEO Matt Goldberg report in this Form 4?
Matt Goldberg reported exercising 16,115 restricted stock units into common stock and a related tax withholding. The transaction is compensation-related, not an open-market trade, and results in a higher direct share ownership position for the CEO after settlement.
What does the tax-withholding transaction mean in the TripAdvisor (TRIP) Form 4?
The tax-withholding disposition shows 7,792 shares withheld at $10.66 per share to pay taxes on the equity award. This is a mechanical step common in stock-based compensation and does not represent a discretionary sale decision by the executive.