trivago (TRVG) director discloses options and RSU equity holdings

Rhea-AI Filing Summary

trivago N.V. director Thomas Johannes Tobias filed an initial ownership report showing multiple equity awards tied to American Depositary Shares. He holds stock options over 204,000 ADS at an exercise price of €0.30 and 612,000 ADS at €2.33, expiring on June 30, 2030, plus additional options over 683,333 ADS at €2.44 expiring on June 30, 2033. Performance stock options cover 136,000 and 408,000 ADS at exercise prices of €0.30 and €2.33, with a performance period ending on June 30, 2027. Restricted stock units cover 328,181 and 795,838 ADS with no exercise price, and RSUs are stated as having no expiration date. One ADS represents five Class A shares.

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^*

Thomas Johannes Tobias

(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)

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	(1)	06/30/2030	American Depositary Shares(2)	204,000	$0.3(3)	D
Stock Options	(1)	06/30/2030	American Depositary Shares(2)	612,000	$2.33	D
Performance Stock Options	06/30/2027	06/30/2030	American Depositary Shares(2)	136,000(4)	$0.3(3)	D
Performance Stock Options	06/30/2027	06/30/2030	American Depositary Shares(2)	408,000(4)	$2.33	D
Restricted Stock Units	06/30/2027	(5)	American Depositary Shares(2)	328,181	$0	D
Restricted Stock Units	(6)	(5)	American Depositary Shares(2)	795,838	$0	D
Stock Options	(6)	06/30/2033	American Depositary Shares(2)	683,333	$2.44(3)	D

Explanation of Responses:

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

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

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.

6. Vesting on June 30, 2028 and 2029 in equal instalments.

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 by Thomas Johannes Tobias show?

The Form 3 shows director Thomas Johannes Tobias’s existing equity awards in trivago. It lists stock options, performance stock options, and restricted stock units tied to American Depositary Shares, including exercise prices, expiration dates, and key performance-vesting details for these awards.

How many trivago (TRVG) ADS are covered by Thomas Johannes Tobias’s stock options?

Thomas Johannes Tobias holds stock options over 204,000 American Depositary Shares at €0.30, 612,000 ADS at €2.33, and 683,333 ADS at €2.44. These options have expiration dates in 2030 and 2033, providing long-dated potential exposure to trivago’s share price performance.

What performance stock options are disclosed for trivago (TRVG) director Thomas Johannes Tobias?

The filing lists performance stock options over 136,000 and 408,000 American Depositary Shares with exercise prices of €0.30 and €2.33. These awards vest based on a performance period from June 30, 2023 to June 30, 2027, with outcomes tied to adjusted share price thresholds on the measurement date.

What restricted stock units (RSUs) does Thomas Johannes Tobias hold in trivago (TRVG)?

He holds restricted stock units over 328,181 and 795,838 American Depositary Shares, both with a zero exercise price. The RSUs have no expiration date, and related footnotes describe vesting schedules extending to June 30, 2028 and June 30, 2029 in equal instalments.

How are trivago (TRVG) American Depositary Shares related to Class A shares in this Form 3?

The filing specifies that one American Depositary Share represents five Class A shares of trivago N.V. This ratio is important for understanding the economic interest represented by the director’s stock options and restricted stock units in the company’s underlying Class A equity.

Does the trivago (TRVG) Form 3 indicate any insider buying or selling activity?

The Form 3 is an initial ownership statement and lists existing holdings rather than new trades. The transactions are coded as holdings, with no buy or sell codes reported, describing the director’s current positions in options and restricted stock units, not recent market transactions.