TripAdvisor, Inc.·4

Mar 12, 8:31 PM ET

Ambeskovic Almir 4

Research Summary

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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.