What does one trivago (TRVG) American Depositary Share represent in underlying shares?

One American Depositary Share represents five Class A shares of trivago N.V. This ratio, disclosed in a footnote, links the ADS instruments traded by investors to the underlying ordinary equity of the company.

Director at trivago (NASDAQ: TRVG) receives 69,092 ADS stock options

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Breidenbach Joana Carena reported acquisition or exercise transactions in this Form 4 filing.

trivago N.V. director Joana Carena Breidenbach received a new stock option award covering 69,092 American Depositary Shares. The options have a strike price of €0.3000 per ADS and expire on May 15, 2033. Following this grant, she holds 69,092 options directly.

The award vests over time: 1/12th on August 15, 2026, with an additional 1/12th vesting quarterly on February 15, May 15, August 15, and November 15 until fully vested, subject to continued service. One ADS represents five Class A shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Breidenbach Joana Carena

Role null

Type	Security	Shares	Price	Value
Grant/Award	Stock Options	69,092	$0.00	--

Holdings After Transaction: Stock Options — 69,092 shares (Direct, null)

Footnotes (1)

Strike price is denominated in Euro currency. 1/12th vesting on August 15, 2026, and an additional 1/12th will vest quarterly on the vesting dates 15 February, 15 May, 15 August and 15 November thereafter until the award is fully vested, subject to continued service on such vesting date. One (1) American Depositary Share (ADS) represents five (5) Class A Shares.

Key Figures

Options granted: 69,092 options Strike price: €0.3000 per ADS Expiration date: May 15, 2033 +4 more

7 metrics

Options granted 69,092 options Stock option award on American Depositary Shares

Strike price €0.3000 per ADS Denominated in Euro currency

Expiration date May 15, 2033 Option term for the award

Post-grant option holdings 69,092 options Total options held directly after transaction

Initial vesting date August 15, 2026 1/12th of award vests on this date

Vesting schedule Quarterly 1/12th tranches On February 15, May 15, August 15, November 15

ADS to Class A ratio 1 ADS : 5 Class A shares Conversion ratio for underlying shares

Key Terms

Grant, award, or other acquisition, American Depositary Shares, Strike price, vesting, +1 more

5 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

American Depositary Shares financial

"underlying_security_title: American Depositary Shares"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

Strike price financial

"Strike price is denominated in Euro currency."

The strike price is the fixed price at which an option gives its holder the right to buy or sell an underlying stock. Think of it like a coupon that lets you transact at a pre-agreed price regardless of the market; for investors it determines whether an option will be profitable, influences potential gains or losses, and is a key factor in the option’s market value and risk profile.

vesting financial

"1/12th vesting on August 15, 2026, and an additional 1/12th will vest quarterly"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

ADS financial

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

Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.

Form 4 Insider Transactions: What Each Field Means →

05/19/2026 - 08:12 AM

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Breidenbach Joana Carena

(Last)

(First)

(Middle)

C/O TRIVAGO N.V.

KESSELSTRASSE 5-7

(Street)

DUSSELDORF

40221

(City)

(State)

(Zip)

GERMANY

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Options	$0.3⁽¹⁾	05/15/2026		A		69,092		⁽²⁾	05/15/2033	American Depositary Shares⁽³⁾	69,092	$0	69,092	D

Explanation of Responses:

1. Strike price is denominated in Euro currency.

2. 1/12th vesting on August 15, 2026, and an additional 1/12th will vest quarterly on the vesting dates 15 February, 15 May, 15 August and 15 November thereafter until the award is fully vested, subject to continued service on such vesting date.

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

Remarks:

	/s/ Olga Mizikova, as Attorney-in-Fact	05/19/2026
	** 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 4 (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 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did the trivago (TRVG) director report in this Form 4 filing?

The filing shows director Joana Carena Breidenbach received a grant of 69,092 stock options on American Depositary Shares, with a €0.3000 strike price and expiration on May 15, 2033, as part of her equity compensation package.

How many trivago (TRVG) options does Joana Carena Breidenbach hold after this grant?

After the transaction, Joana Carena Breidenbach holds 69,092 stock options directly. This entire position reflects the new award reported, as the filing does not list any remaining derivative positions beyond this grant in the derivative summary section.

What is the strike price and currency of the new trivago (TRVG) stock options?

The new stock options have a strike price of €0.3000 per American Depositary Share. A footnote clarifies that the strike price is denominated in Euro currency, which is relevant for understanding potential future exercise costs.

When do the newly granted trivago (TRVG) options start vesting for the director?

The options begin vesting on August 15, 2026, when 1/12th of the award vests. Additional 1/12th portions then vest quarterly on February 15, May 15, August 15, and November 15, subject to the director’s continued service on each vesting date.

Is the Form 4 transaction for trivago (TRVG) an open-market trade or a grant?

The transaction is a grant or award acquisition of stock options, not an open-market trade. It is coded as an “A” transaction and described as a grant, award, or other acquisition, indicating compensation rather than a market purchase or sale.