Insider at trivago (NASDAQ: TRVG) sells 11,000 ADS on market

Rhea-AI Filing Summary

trivago N.V. reported that its General Counsel, Mathias Hansen, completed an open-market sale of 11,000 American Depositary Shares (ADS) at $3.065 per ADS. After this transaction, he directly owned 14,396 ADS. One ADS represents five Class A Shares.

Insider Trade Summary

Net Seller: 11,000 shares ($33,715)

Net Sell 1 txn

Insider Hansen Mathias

Role General Counsel

Sold 11,000 shs ($34K)

Type	Security	Shares	Price	Value
Sale	American Depositary Shares	11,000	$3.065	$34K

Holdings After Transaction: American Depositary Shares — 14,396 shares (Direct, null)

Footnotes (1)

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Key Figures

ADS sold: 11,000 ADS Sale price per ADS: $3.065 per ADS Holdings after transaction: 14,396 ADS +1 more

4 metrics

ADS sold 11,000 ADS Open-market sale on 2026-05-12

Sale price per ADS $3.065 per ADS Open-market transaction

Holdings after transaction 14,396 ADS Direct ownership following sale

ADS to share ratio 1 ADS = 5 Class A Shares Footnote disclosure

Key Terms

American Depositary Shares, open-market sale, Class A Shares

3 terms

American Depositary Shares financial

"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.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Class A Shares financial

"One ADS represents five Class A Shares"

Class A shares are one of a company’s distinct types of stock that come with a specific set of rights—commonly different voting power, dividend treatment, or transfer rules—defined in the company’s charter. Investors care because those rights affect control, income and resale value; like holding a seat at a table that has different rules or stronger chips than other seats, owning Class A changes how much influence and return you can expect.

Form 4 Insider Transactions: What Each Field Means →

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^*

Hansen Mathias

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026

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)
			Code	V	Amount	(A) or (D)	Price
American Depositary Shares(1)	05/12/2026		S		11,000	D	$3.065	14,396	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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

Remarks:

	/s/ Mathias Hansen	05/14/2026
	** 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)

FAQ

What insider transaction did trivago (TRVG) disclose in this Form 4?

trivago disclosed that General Counsel Mathias Hansen executed an open-market sale of its American Depositary Shares. The filing reports one transaction involving American Depositary Shares, which represent underlying Class A Shares of trivago N.V.

How many trivago (TRVG) American Depositary Shares did Mathias Hansen sell?

Mathias Hansen sold 11,000 American Depositary Shares (ADS) of trivago N.V. in an open-market transaction. This sale is the only transaction reported in this Form 4 and is classified as a non-derivative security sale.

At what price were the trivago (TRVG) ADS sold in this insider trade?

The reported sale price was $3.065 per American Depositary Share. This reflects the per-ADS transaction price for the 11,000 ADS sold in the open market as disclosed in the Form 4 filing for General Counsel Mathias Hansen.

How many trivago (TRVG) ADS does Mathias Hansen hold after the sale?

Following the transaction, Mathias Hansen directly owned 14,396 American Depositary Shares of trivago N.V. This post-transaction balance is disclosed in the Form 4 as his total direct holdings after the reported open-market sale.

What does each trivago (TRVG) American Depositary Share represent?

Each trivago American Depositary Share (ADS) represents five Class A Shares of trivago N.V. This ADS-to-Class A Share ratio is specified in a footnote to the Form 4 filing describing the relationship between the ADS and the underlying equity.