Ambeskovic Almir 4

What Happened
Almir Ambeskovic, CEO of TheFork (a TripAdvisor business), exercised stock options on Feb 13, 2026, converting 23,408 option units into the same number of TRIP shares at an exercise price of $13.49 per share (total value ≈ $315,774). A portion of the newly issued shares — 13,073 — were surrendered/withheld on Feb 17 to cover the exercise price and tax liabilities at an effective per-share value of $10.39 (value ≈ $135,828). Net shares retained by Ambeskovic after withholding were about 10,335 shares. This was an option exercise (code M) with a related tax/exercise settlement (code F).

Key Details

• Transaction dates: Exercise/conversion on 2026-02-13; tax/price withholding on 2026-02-17.
• Exercise price reported: $13.49 per share; withholding/payment reported at $10.39 per share.
• Shares exercised (acquired): 23,408; shares withheld/disposed for tax/exercise: 13,073; net issued to insider: ~10,335 shares.
• Reported dollar totals: ≈ $315,774 for the exercised options; ≈ $135,828 value withheld for taxes/exercise.
• Footnotes/transaction codes: M = option exercise/conversion; F = payment of exercise price or tax liability (shares withheld). Some derivative lines show $0.00 disposed value indicating termination/conversion of the derivative instrument.
• Filing timing: Form filed 2026-02-18 for a 2026-02-13 transaction; filing falls on the second business day after the transaction (timely).

Context
This was an option exercise followed by a net-share settlement (some shares withheld to cover taxes/exercise costs), a common administrative step that does not by itself indicate a bullish or bearish view. For retail investors, purchases (adding cash to buy shares) can be more informative than routine option exercises; here Ambeskovic ended up with ~10,335 additional TRIP shares after withholding. The filing is factual and does not state any 10b5-1 plan or other trading program.