TripAdvisor, Inc.·4

Feb 9, 6:03 PM ET

Ambeskovic Almir 4

Research Summary

AI-generated summary

Updated

TripAdvisor (TRIP) — Almir Ambeskovic (TheFork CEO) Exercises Options

What Happened
Almir Ambeskovic, CEO of TheFork (a TripAdvisor executive), exercised stock options on Feb 5, 2026 to acquire 5,354 TripAdvisor shares at an exercise price of $12.43 per share (total exercise cost reported as $66,550). To satisfy tax/exercise obligations, 2,303 of those shares were withheld (reported as disposed under code F) valued at $28,626, leaving a net of 3,051 newly issued shares to Ambeskovic. The filing was submitted on Feb 9, 2026 and appears timely.

Key Details

  • Transaction date: 2026-02-05; filing date: 2026-02-09 (timely filing).
  • Exercise: 5,354 shares exercised at $12.43 — total exercise cost $66,550 (code M).
  • Withholding/tax: 2,303 shares withheld/disposed to cover taxes or exercise obligations at $12.43 — valued $28,626 (code F).
  • Net newly acquired shares: 3,051 (5,354 acquired minus 2,303 withheld).
  • Shares owned after the transaction: total holdings not disclosed in the provided filing.
  • Notable codes/notes: M = option exercise/conversion; F = shares withheld to satisfy tax or exercise price. No 10b5‑1 plan or other special footnotes were reported in the provided data.

Context
This was an options exercise with shares withheld to cover taxes/exercise costs — a common settlement method that is not an open‑market sale. Such exercises typically reflect option vesting or the holder converting vested derivatives into stock; they are routine and do not necessarily signal a change in the insider’s view of the company.

Loading document...