trivago director exercises options and sells ADSs

Q: What did trivago N.V. (TRVG) director Joana Breidenbach report on this Form 4?

Joana Breidenbach reported option exercises and related sales of trivago N.V. ADSs. She exercised stock options into 37,733 ADSs on August 7 and 10, 2026, and then sold the same number of ADSs in market transactions.

Q: How many trivago (TRVG) ADSs did Joana Breidenbach sell and at what prices?

She sold a total of 37,733 ADSs of trivago N.V. These were sold in two blocks: 2,733 ADSs at $5.7411 per ADS and 35,000 ADSs at $5.1605 per ADS, both reported as sales in open-market or private transactions.

Q: What option exercise terms were disclosed in the trivago (TRVG) Form 4?

The stock options were exercised into American Depositary Shares at a conversion or exercise price of 0.3000 per unit, with the strike price denominated in Euro currency. The exercised options related to grants expiring between 2028-07-22 and 2031-05-22.

Q: How do trivago (TRVG) ADSs relate to the company’s Class A shares in this filing?

The filing states that one American Depositary Share (ADS) represents five Class A Shares of trivago N.V. All reported exercises and sales involve ADSs, with this 1-to-5 ADS-to-Class A share ratio disclosed in a footnote.

Q: Were Joana Breidenbach’s trivago (TRVG) option grants fully vested at the time of these transactions?

One grant tied to 1,971 and 762 option exercises is described as fully vested. Other larger grants of 30,464 and 81,967 units vest 1/12th on August 15 followed by quarterly vesting on specified February, May, August, and November dates.

Q: Does the trivago (TRVG) Form 4 indicate trades under a Rule 10b5-1 plan?

The document-level checkbox for Rule 10b5-1 trading arrangements is reported as false, meaning these transactions are not affirmatively identified here as being executed under a Rule 10b5-1 trading plan.

trivago N.V. director Joana Carena Breidenbach reported option-related transactions in American Depositary Shares (ADSs).

Filing Impact

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Filing Sentiment

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Sentiment and the balance of points

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Form Type

Rhea-AI Filing Summary

trivago N.V. director Joana Carena Breidenbach reported option-related transactions in American Depositary Shares (ADSs). On August 7 and 10, 2026, she exercised stock options covering a total of 37,733 ADSs at an exercise price of €0.3000 per ADS-equivalent and acquired the same number of ADSs. She then sold 37,733 ADSs in two blocks at per-ADS prices of $5.7411 and $5.1605. One ADS represents five Class A shares. Some exercised options relate to grants originally totaling 30,464 and 81,967 units with quarterly vesting schedules.

Insider Trade Summary

Exercise and Sale: 37,733 shares ($185K approx. pre-tax spread)

Exercise and Sale 8 txns

Insider Breidenbach Joana Carena

Role Director

Sold 37,733 shs ($196K)

Approx. gross sale proceeds $196K

Approx. exercise cost $11K

Approx. pre-tax spread $185K

Type	Security	Shares	Price	Value
Exercise	Stock Options ^{F2, F4, F1}	2,199	$0.00	$0.00
Exercise	Stock Options ^{F2, F5, F1}	32,801	$0.00	$0.00
Exercise	American Depositary Shares ^{F1, F2}	35,000	$0.30	$11K
Sale	American Depositary Shares ^F1	35,000	$5.1605	$181K
Exercise	Stock Options ^{F2, F3, F1}	1,971	$0.00	$0.00
Exercise	Stock Options ^{F2, F3, F1}	762	$0.00	$0.00
Exercise	American Depositary Shares ^{F1, F2}	2,733	$0.30	$819.90
Sale	American Depositary Shares ^F1	2,733	$5.7411	$16K

Holdings After Transaction: Stock Options — 83,433 contracts (Direct); American Depositary Shares — 16,725 shares (Direct)

Footnotes (5)

F1. One (1) American Depositary Share (ADS) represents five (5) Class A Shares.
F2. Strike price is denominated in Euro currency.
F3. This award is fully vested.
F4. These Stock Options were granted on May 23, 2023 for a total of 30,464 units. 1/12th vested on August 15, 2023, 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.
F5. These Stock Options were granted on May 22, 2024 for a total of 81,967 units. 1/12th vested on August 15, 2024, 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.

Key Figures

ADSs sold: 37,733 ADSs ADSs exercised: 37,733 ADSs Sale price 7 Aug 2026: $5.7411 per ADS +5 more

8 metrics

ADSs sold 37,733 ADSs Total ADSs sold in transactions dated August 7 and 10, 2026

ADSs exercised 37,733 ADSs Total underlying ADSs from exercised stock options on August 7 and 10, 2026

Sale price 7 Aug 2026 $5.7411 per ADS Price for sale of 2,733 ADSs on 2026-08-07

Sale price 10 Aug 2026 $5.1605 per ADS Price for sale of 35,000 ADSs on 2026-08-10

Option exercise price 0.3000 per unit Conversion or exercise price for stock options, denominated in Euro currency

ADS to Class A ratio 1 ADS : 5 Class A Shares Each American Depositary Share represents five Class A shares

2023 option grant size 30,464 units Stock options granted on May 23, 2023 with quarterly vesting

2024 option grant size 81,967 units Stock options granted on May 22, 2024 with quarterly vesting

Key Terms

American Depositary Share, Stock Options, Exercise or conversion of derivative security, vesting dates, +1 more

5 terms

Stock Options financial

"These Stock Options were granted on May 23, 2023 for a total of 30,464 units."

Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

vesting dates financial

"an additional 1/12th will vest quarterly on the vesting dates 15 February, 15 May, 15 August and 15 November"

fully vested financial

"This award is fully vested."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did trivago N.V. (TRVG) director Joana Breidenbach report on this Form 4?

Joana Breidenbach reported option exercises and related sales of trivago N.V. ADSs. She exercised stock options into 37,733 ADSs on August 7 and 10, 2026, and then sold the same number of ADSs in market transactions.

How many trivago (TRVG) ADSs did Joana Breidenbach sell and at what prices?

She sold a total of 37,733 ADSs of trivago N.V. These were sold in two blocks: 2,733 ADSs at $5.7411 per ADS and 35,000 ADSs at $5.1605 per ADS, both reported as sales in open-market or private transactions.

What option exercise terms were disclosed in the trivago (TRVG) Form 4?

The stock options were exercised into American Depositary Shares at a conversion or exercise price of 0.3000 per unit, with the strike price denominated in Euro currency. The exercised options related to grants expiring between 2028-07-22 and 2031-05-22.

How do trivago (TRVG) ADSs relate to the company’s Class A shares in this filing?

The filing states that one American Depositary Share (ADS) represents five Class A Shares of trivago N.V. All reported exercises and sales involve ADSs, with this 1-to-5 ADS-to-Class A share ratio disclosed in a footnote.

Were Joana Breidenbach’s trivago (TRVG) option grants fully vested at the time of these transactions?

One grant tied to 1,971 and 762 option exercises is described as fully vested. Other larger grants of 30,464 and 81,967 units vest 1/12th on August 15 followed by quarterly vesting on specified February, May, August, and November dates.

Does the trivago (TRVG) Form 4 indicate trades under a Rule 10b5-1 plan?

The document-level checkbox for Rule 10b5-1 trading arrangements is reported as false, meaning these transactions are not affirmatively identified here as being executed under a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/11/2026 - 01:09 PM Accepted by SEC EDGAR 08/11/2026 - 01:09 PM

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)
08/07/2026

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)
American Depositary Shares⁽¹⁾	08/07/2026	08/07/2026	M		2,733	A	$0.3⁽²⁾	19,458	D
American Depositary Shares⁽¹⁾	08/07/2026	08/07/2026	S		2,733	D	$5.7411	16,725	D
American Depositary Shares⁽¹⁾	08/10/2026	08/10/2026	M		35,000	A	$0.3⁽²⁾	51,725	D
American Depositary Shares⁽¹⁾	08/10/2026	08/10/2026	S		35,000	D	$5.1605	16,725	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)
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⁽²⁾	08/07/2026	08/07/2026	M			1,971	⁽³⁾	07/22/2028	American Depositary Shares⁽¹⁾	1,971	$0	0	D
Stock Options	$0.3⁽²⁾	08/07/2026	08/07/2026	M			762	⁽³⁾	03/01/2029	American Depositary Shares⁽¹⁾	762	$0	8,540	D
Stock Options	$0.3⁽²⁾	08/10/2026	08/10/2026	M			2,199	⁽⁴⁾	05/23/2030	American Depositary Shares⁽¹⁾	2,199	$0	25,727	D
Stock Options	$0.3⁽²⁾	08/10/2026	08/10/2026	M			32,801	⁽⁵⁾	05/22/2031	American Depositary Shares⁽¹⁾	32,801	$0	49,166	D

Explanation of Responses:

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

2. Strike price is denominated in Euro currency.

3. This award is fully vested.

4. These Stock Options were granted on May 23, 2023 for a total of 30,464 units. 1/12th vested on August 15, 2023, 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.

5. These Stock Options were granted on May 22, 2024 for a total of 81,967 units. 1/12th vested on August 15, 2024, 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.

Remarks:

	/s/ Olga Mizikova, as Attorney-in-Fact	08/11/2026
	** 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