Goldberg Matt 4

What Happened Matt Goldberg, CEO, President and Director of TripAdvisor (TRIP), received two equity awards on March 10, 2026: 202,169 restricted stock units (RSUs) and 202,169 performance stock units (PSUs) (target). Both awards are recorded at $0 acquisition price (standard for compensation grants) — this was an award/compensation grant, not an open-market purchase or sale.

Key Details

• Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (appears timely).
• Awards: 202,169 RSUs + 202,169 PSUs (target) = 404,338 total target shares reported.
• Price: $0.00 per share (derivative awards, code A).
• RSU vesting (F1): 25% vests Feb 15, 2027; then 6.25% quarterly thereafter; fully vested Feb 15, 2030.
• PSU terms (F2): 202,169 is the target number; actual PSUs that vest depend on performance for the period ending Dec 31, 2027. If earned, 50% vests ~Dec 31, 2027 and 50% on Dec 31, 2028.
• Shares owned after transaction: not specified in the provided filing.
• Nature: compensation grant (routine executive award), not a purchase or sale.

Context

• RSUs are time-based retention awards that convert to shares as they vest. PSUs are performance-based — the target number may be reduced or increased depending on actual results versus targets.
• Because these are compensation grants (no cash outlay), they reflect pay package design rather than an independent market-buy signal. They are common for executive compensation and should be viewed as such.
• No option exercises, sales, or tax-withholding shares were reported in this filing.