Institutional Holding: Ameriprise Discloses 5.97M TRIP Shares (5.1%)

Rhea-AI Filing Summary

Ameriprise Financial, Inc. reported holdings in Tripadvisor, Inc. common stock totaling 5,970,412 shares, representing 5.1% of the class. The filing shows zero sole voting or dispositive power and shared voting power of 5,462,282 with shared dispositive power of 5,970,412, and includes an explicit statement that Ameriprise disclaims beneficial ownership of the reported shares. The filing also certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer. In short, this is a material institutional position above the 5% threshold reported as passive, signaling notable ownership without an asserted intent to seek control.

Positive

• Institutional stake above 5%: Ameriprise reports 5,970,412 shares (5.1%), a material holding that increases institutional ownership visibility
• Passive holding certified: The filer certifies shares are held in the ordinary course and not to influence control, reducing immediate governance risk

Negative

• No sole voting or dispositive power reported, indicating Ameriprise does not claim direct control over votes
• Filer disclaims beneficial ownership, which may limit clarity on who ultimately directs investment decisions for these shares

Insights

Financial Analyst

TL;DR Ameriprise holds ~5.97M TRIP shares (5.1%) as a passive position; material size but no asserted control intent.

Ameriprise's position crosses the 5% reporting threshold, which is material for shareholder composition and index/institutional ownership reporting. The filing shows all dispositive power is shared and no sole voting or dispositive power is claimed, and the filer disclaims beneficial ownership. That combination suggests economic exposure through managed accounts or similar arrangements rather than an activist stake. Impact on valuation or governance is limited absent further disclosures or changes in voting intent.

Corporate Governance Expert

TL;DR A >5% passive disclosure by Ameriprise signals institutional interest but includes disclaimers and certifications against control intent.

The filing's explicit disclaimer of beneficial ownership and the Item 10 certification that holdings are in the ordinary course and not intended to influence control reduce the likelihood of immediate governance actions. The reported shared voting power of 5,462,282 is notable for vote tallying but, without sole voting authority or a stated intent to act in concert for control, this constitutes a monitoring-level stake. From a governance perspective, further filings or engagement notices would be required to indicate active influence.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Tripadvisor, Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

896945201

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 896945201

1

Names of Reporting Persons

Ameriprise Financial, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 5,462,282.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 5,970,412.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,970,412.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.1 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Tripadvisor, Inc
(b)	Address of issuer's principal executive offices: 400 1st Avenue, Needham, MA 02494
Item 2.
(a)	Name of person filing: Ameriprise Financial, Inc. ("AFI")
(b)	Address or principal business office or, if none, residence: 145 Ameriprise Financial Center, Minneapolis, MN 55474
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 896945201
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Incorporated by reference to Items (5)-(9) and (11) of the cover page pertaining to the reporting person. AFI disclaims beneficial ownership of any shares reported on this Schedule.
(b)	Percent of class: The information required by Item 4(b) is set forth in Rows (5)-(9) and (11) of the cover page for the Reporting Person hereto and is incorporated herein by reference for the Reporting Person.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for the Reporting Person hereto and is incorporated herein by reference for the Reporting Person.
	(ii) Shared power to vote or to direct the vote: The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for the Reporting Person hereto and is incorporated herein by reference for the Reporting Person.
	(iii) Sole power to dispose or to direct the disposition of: The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for the Reporting Person hereto and is incorporated herein by reference for the Reporting Person.
	(iv) Shared power to dispose or to direct the disposition of: The information required by Item 4(c) is set forth in Rows (5)-(9) and (11) of the cover page for the Reporting Person hereto and is incorporated herein by reference for the Reporting Person.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Ameriprise Financial, Inc.

Signature:	/s/ Michael G. Clarke
Name/Title:	Michael G. Clarke, Senior Vice President, North America Head of Operations & Investor Services
Date:	08/14/2025

Comments accompanying signature: Contact Information Charles Chiesa VP Fund Treasurer Global Operations and Investor Services Telephone: 617-385-9593

FAQ

How many Tripadvisor (TRIP) shares does Ameriprise report owning?

Ameriprise reports 5,970,412 shares of Tripadvisor common stock on this Schedule 13G.

What percentage of TRIP does Ameriprise's holding represent?

The filing states the position represents 5.1% of the class.

Does Ameriprise claim voting or dispositive control over these TRIP shares?

Ameriprise reports 0 sole voting power, 5,462,282 shared voting power, 0 sole dispositive power, and 5,970,412 shared dispositive power.

Does the filing indicate Ameriprise intends to influence Tripadvisor's control?

No. The filing contains a certification that the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control.

Does Ameriprise claim beneficial ownership of the reported shares?

The filing explicitly states that AFI disclaims beneficial ownership of any shares reported on this Schedule.