trivago (TRVG) director details options and stock units in Form 3

Rhea-AI Filing Summary

trivago N.V. director Andrej Gregor Lehnert reported his initial equity holdings, mainly in options and share-based awards linked to American Depositary Shares (ADSs). One ADS represents five Class A shares. He holds stock options over 204,000 ADSs at a €0.30-equivalent strike price and 612,000 ADSs at a €2.33-equivalent strike price, both expiring on June 30, 2030. He also holds performance stock options over 136,000 ADSs at €0.30 and performance stock units over 408,000 ADSs at €2.33, with a performance period from June 30, 2023 to June 30, 2027 and vesting measured on June 30, 2027. In addition, he has 328,181 restricted stock units with no expiration date and directly owns 950 ADSs.

Insider Trade Summary

6 transactions reported

Mixed 6 txns

Insider Lehnert Andrej Gregor

Role Director

Type	Security	Shares	Price	Value
holding	Stock Options	--	--	--
holding	Stock Options	--	--	--
holding	Performance Stock Options	--	--	--
holding	Performance Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	American Depositary Shares	--	--	--

Holdings After Transaction: Stock Options — 204,000 shares (Direct); Performance Stock Options — 136,000 shares (Direct); Performance Stock Units — 408,000 shares (Direct); Restricted Stock Units — 328,181 shares (Direct); American Depositary Shares — 950 shares (Direct)

Footnotes (1)

1. One (1) American Depositary Share (ADS) represents five (5) Class A Shares. Vesting on June 30, 2024, 2025 and 2026 in equal instalments. Strike price is denominated in Euro currency. As modified on 4/1/2024, this performance-based award vests in full on 6/30/2027 (the measurement date) after a 6/30/2023-6/30/2027 performance period. Earned shares equal 25%-100% of target based on the adjusted share price on 6/30/2027, defined as the higher of the 6- or 12-month VWAP ending that date (adjusted for stock splits/dividends and similar actions) plus the aggregate value of dividends/distributions during the period. Threshold and maximum correspond to adjusted share prices of < $0.97 and > $3.93, respectively. RSUs do not have an Expiration Date.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Lehnert Andrej Gregor

(Last) (First) (Middle)

C/O TRIVAGO N.V.

KESSELSTRASSE 5-7

(Street)

DUSSELDORF 40221

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
trivago N.V. [ TRVG ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
American Depositary Shares(1)	950	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	(2)	06/30/2030	American Depositary Shares(1)	204,000	$0.3(3)	D
Stock Options	(2)	06/30/2030	American Depositary Shares(1)	612,000	$2.33	D
Performance Stock Options	06/30/2027	06/30/2030	American Depositary Shares(1)	136,000(4)	$0.3(3)	D
Performance Stock Units	06/30/2027	06/30/2030	American Depositary Shares(1)	408,000(4)	$2.33	D
Restricted Stock Units	06/30/2027	(5)	American Depositary Shares(1)	328,181	$0	D

Explanation of Responses:

1. One (1) American Depositary Share (ADS) represents five (5) Class A Shares.

2. Vesting on June 30, 2024, 2025 and 2026 in equal instalments.

3. Strike price is denominated in Euro currency.

4. As modified on 4/1/2024, this performance-based award vests in full on 6/30/2027 (the measurement date) after a 6/30/2023-6/30/2027 performance period. Earned shares equal 25%-100% of target based on the adjusted share price on 6/30/2027, defined as the higher of the 6- or 12-month VWAP ending that date (adjusted for stock splits/dividends and similar actions) plus the aggregate value of dividends/distributions during the period. Threshold and maximum correspond to adjusted share prices of < $0.97 and > $3.93, respectively.

5. RSUs do not have an Expiration Date.

Remarks:

Exhibit 24 power of attorney filed herewith.

	/s/ Mathias Hansen, as Attorney-in-Fact	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the trivago (TRVG) Form 3 filing for Andrej Gregor Lehnert show?

The Form 3 shows director Andrej Gregor Lehnert’s initial equity holdings in trivago. It details his stock options, performance-based awards, restricted stock units, and 950 directly owned American Depositary Shares, giving investors transparency into his compensation-linked exposure to the company’s stock.

How many trivago (TRVG) options does Andrej Gregor Lehnert hold according to the Form 3?

He holds stock options over 204,000 ADSs with a €0.30-equivalent strike price and 612,000 ADSs with a €2.33-equivalent strike price. Both sets of options are scheduled to expire on June 30, 2030, aligning his potential upside with trivago’s longer-term performance.

What performance-based awards are disclosed for Andrej Gregor Lehnert in TRVG’s Form 3?

The filing lists performance stock options over 136,000 ADSs at €0.30 and performance stock units over 408,000 ADSs at €2.33. These awards vest based on share-price performance over June 30, 2023 to June 30, 2027, with the final measurement and vesting date on June 30, 2027.

How many trivago (TRVG) restricted stock units does Andrej Gregor Lehnert hold?

He holds 328,181 restricted stock units tied to trivago American Depositary Shares. The filing notes these RSUs do not have an expiration date, indicating they are intended to convert into shares upon meeting specified vesting conditions rather than expiring unused over time.

What is the ADS to share ratio in the trivago (TRVG) Form 3 disclosure?

The filing states that one trivago American Depositary Share represents five Class A shares. This ratio helps investors translate the reported ADS-based option and unit holdings into the equivalent number of underlying Class A shares for a clearer view of potential ownership.

Does the trivago (TRVG) Form 3 show any insider buying or selling by Andrej Gregor Lehnert?

No transactions are reported; the entries are categorized as holdings. The Form 3 serves as an initial statement of beneficial ownership, listing Lehnert’s existing options, units, and 950 ADSs without indicating recent purchases or sales of trivago securities.