Gouvalaris Geoffrey 4

4 · TripAdvisor, Inc. · Filed Mar 12, 2026

AI-generated summary of this filing

Updated Mar 13, 2026

TripAdvisor (TRIP) Chief Accounting Officer Geoffrey Gouvalaris Receives Award

What Happened

Geoffrey Gouvalaris, TripAdvisor’s Chief Accounting Officer, received equity awards on March 10, 2026 consisting of 18,491 restricted stock units (RSUs) and a target of 6,163 performance stock units (PSUs). The awards were reported as derivative acquisitions at $0.00 (no cash paid); total target awards equal 24,654 shares.

Key Details

Transaction date: 2026-03-10; Form 4 filed 2026-03-12 (timely).
Award amounts and price: 18,491 RSUs @ $0.00 and 6,163 PSUs (target) @ $0.00.
Shares owned after transaction: Not disclosed in the provided filing.
Vesting/settlement:
- RSUs (F1): 25% vest on Feb 15, 2027; then 6.25% vest quarterly thereafter; fully vested Feb 15, 2030.
- PSUs (F2): 6,163 is the target amount; actual PSUs will be determined by performance for the period ending Dec 31, 2027. If earned, 50% vests/settles on or about Dec 31, 2027 and the remaining 50% on Dec 31, 2028.
Nature of transaction: Compensation award (derivative securities), not an open-market buy or sale; PSUs subject to performance metrics.

Context

RSUs are time‑based retention awards that transfer stock value as they vest; PSUs pay out based on meeting performance targets and thus may pay out fewer (or potentially more, depending on plan terms) than the target. Because this was a grant, it reflects company compensation, not an insider purchase or sale signal.

Form 4

Period: 2026-03-10

Other

Transactions

Award
Restricted Stock Units
[F1]
2026-03-10+18,491→ 18,491 total
Exercise: $10.14From: 2027-02-15Exp: 2030-02-15→ Common Stock (18,491 underlying)
Award
Restricted Stock Units (Performance-Based)
[F2]
2026-03-10+6,163→ 6,163 total
Exercise: $10.14From: 2027-12-31Exp: 2028-12-31→ Common Stock (6,163 underlying)

Footnotes (2)

[F1]Date at which first vesting occurs is indicated. 25% of the total number of RSUs vest on February 15, 2027, and 6.25% will vest quarterly thereafter. The award is fully vested on February 15, 2030.
[F2]The number of PSUs to vest and settle will be based on actual performance relative to the performance metrics, targets and weightings established by the Compensation Committee for the performance period ended December 31, 2027. The number of derivative securities set forth above is the target number of PSUs. The actual number of PSUs will vest and settle 50% on or about December 31, 2027 and the remaining 50% on December 31, 2028.

Signature

/s/ Linda C. Frazier, attorney in fact|2026-03-12

1 file