Kalvert Seth J 4/A
4/A · TripAdvisor, Inc. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
TripAdvisor CLO Seth Kalvert Withholds 18,070 Shares
What Happened
- Seth J. Kalvert, Chief Legal Officer & Secretary of TripAdvisor, had 18,070 shares disposed (withheld) to satisfy tax withholding obligations related to prior equity transactions. The withheld shares were valued at approximately $201,119 at $11.13 per share. This amendment was filed to report the withholding; it does not reflect an open-market sale intended as a cash-in transaction.
Key Details
- Transaction date: May 1, 2026; Amended Form 4 filed May 15, 2026 (original Form 4 filed May 5, 2026).
- Price: $11.13 per share; Total value of withheld shares: $201,119.
- Transaction code: F (shares withheld to satisfy tax withholding).
- Shares owned after transaction: not stated in this amendment — the amendment notes all other information from the original Form 4 remains unchanged (see original May 5, 2026 filing for total holdings).
- Footnote: Amendment filed solely to reflect shares withheld for taxes; no other changes to the original filing.
Context
- Shares withheld for tax withholding are routine following option exercises or restricted stock vesting and are not the same as an open-market sale; they are generally not viewed as a strong signal of insider sentiment.
- This filing amends the earlier Form 4 to report the withholding detail; the original Form 4 covered the underlying equity event.
Insider Transaction Report
Form 4/AAmendedExit
Kalvert Seth J
Chief Legal Officer & Sec.
Transactions
- Tax Payment
Common Stock
[F1]2026-05-01$11.13/sh−18,070$201,119→ 201,479 total
Footnotes (1)
- [F1]This amendment is being filed solely to reflect shares withheld to satisfy tax withholding obligations in connection with the transactions reported on Form 4 on May 5, 2026; all other information in the original Form 4 remains unchanged.
Signature
/s/ Linda C. Frazier, attorney in fact|2026-05-15