Travelzoo CEO transfers 200,000 shares in repurchase

Of Bartel’s 1,600,000 shares underlying options, 1,150,000 were exercisable after the repurchase.

Rhea-AI Filing Summary

Holger Bartel reported disposition transactions in this Form 4 filing. Travelzoo (TZOO) Global Chief Executive Officer Holger Bartel transferred 200,000 common shares to the issuer on September 28, 2026, as part of a privately negotiated share repurchase at $5.64 per share. His direct common-stock holdings following the transaction were 0 shares. He also held equity awards covering 1,600,000 shares underlying unexercised options.

Insider Trade Summary

Disposition: 200,000 shares

Disposition 1 txn

Insider BARTEL HOLGER

Role Global Chief Executive Officer

Type	Security	Shares	Price	Value
Disposition	Common Stock F1, F2	200,000	$5.64	$1.13M

Holdings After Transaction: Common Stock — 0 shares (Direct)

Footnotes (2)

1. F1. On September 28, 2026, these shares were transferred by the Reporting Person to the Issuer as part of a privately negotiated share repurchase. Following the repurchase, the Reporting Person holds equity awards comprising 1,600,000 shares underlying unexercised options, 1,150,000 of which are exercisable.
2. F2. This transaction is exempt from Section 16(b) pursuant to 240.16b-3(e) of the Securities Exchange Act of 1934.

Key Figures

Common shares transferred: 200,000 shares Per-share price: $5.64 per share Direct common shares following transaction: 0 shares +2 more

5 metrics

Common shares transferred 200,000 shares Transferred to the issuer in a privately negotiated share repurchase on September 28, 2026

Per-share price $5.64 per share Price reported for the share repurchase

Direct common shares following transaction 0 shares Holger Bartel’s reported direct position after the transaction

Shares underlying unexercised options 1,600,000 shares Equity awards held after the repurchase

Exercisable options 1,150,000 shares Of the shares underlying unexercised options

Key Terms

privately negotiated share repurchase, unexercised options, Section 16(b)

3 terms

privately negotiated share repurchase financial

"as part of a privately negotiated share repurchase"

unexercised options financial

"shares underlying unexercised options"

Section 16(b) regulatory

"exempt from Section 16(b)"

A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.

FAQ

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

How many TZOO shares did Holger Bartel transfer to Travelzoo?

Travelzoo Global Chief Executive Officer Holger Bartel transferred 200,000 common shares to the issuer on September 28, 2026, as part of a privately negotiated share repurchase at $5.64 per share.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/30/2026 - 12:13 PM Accepted by SEC EDGAR 09/30/2026 - 12:12 PM Learn about SEC filing dates

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^*

BARTEL HOLGER

(Last) (First) (Middle)

C/O TRAVELZOO

590 MADISON AVE 35TH FLOOR

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TRAVELZOO [ TZOO ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/28/2026

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
Common Stock	09/28/2026		D(1)		200,000	D	$5.64(2)	0	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. On September 28, 2026, these shares were transferred by the Reporting Person to the Issuer as part of a privately negotiated share repurchase. Following the repurchase, the Reporting Person holds equity awards comprising 1,600,000 shares underlying unexercised options, 1,150,000 of which are exercisable.

2. This transaction is exempt from Section 16(b) pursuant to 240.16b-3(e) of the Securities Exchange Act of 1934.

Remarks:

	/s/ Holger Bartel	09/28/2026
	** 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)