TripAdvisor, Inc.·4

Mar 12, 8:31 PM ET

Ambeskovic Almir 4

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

Research Summary

AI-generated summary of this filing

Updated

TripAdvisor (TRIP) TheFork CEO Almir Ambeskovic Receives Award

What Happened
Almir Ambeskovic, CEO of TheFork, was granted two derivative awards on March 10, 2026: 59,171 restricted stock units (RSUs) and 59,171 performance stock units (PSUs) (both reported at $0 per share). The grants are derivative awards (code A) and thus carry no cash purchase price; the aggregate target number of units is 118,342. These awards convert to TripAdvisor common stock only upon vesting and/or achievement of performance goals.

Key Details

  • Transaction date: 2026-03-10; Grant type: Award/Grant (code A); Price per unit reported: $0.00.
  • Award amounts: 59,171 RSUs and 59,171 target PSUs (total target = 118,342 units). Reported value at grant = $0 (derivative awards).
  • Shares owned after transaction: not specified in this Form 4.
  • Footnote F1 (RSUs): 25% vests on Feb 15, 2027; then 6.25% vests quarterly thereafter; fully vested on Feb 15, 2030.
  • Footnote F2 (PSUs): The 59,171 PSUs are a target amount; actual payout depends on performance for the period ending Dec 31, 2027. If earned, 50% of PSUs vest ~Dec 31, 2027 and the remaining 50% on Dec 31, 2028.
  • Filing timeliness: Form 4 filed on 2026-03-12 for a 2026-03-10 transaction (filed within the typical two-business-day window).

Context: These are compensation awards rather than open-market purchases or sales. RSUs vest based on time; PSUs vest only if performance targets are met, so the final number of shares delivered for PSUs may be higher or lower than the target. Such grants are routine executive compensation and do not, by themselves, indicate buying or selling sentiment.

Insider Transaction Report

Form 4
Period: 2026-03-10
Ambeskovic Almir
CEO, TheFork
Transactions
  • Award

    Restricted Stock Units

    [F1]
    2026-03-10+59,17159,171 total
    Exercise: $10.14From: 2027-02-15Exp: 2030-02-15Common Stock (59,171 underlying)
  • Award

    Restricted Stock Units (Performance-Based)

    [F2]
    2026-03-10+59,17159,171 total
    Exercise: $10.14From: 2027-12-31Exp: 2028-12-31Common Stock (59,171 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

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT