CATES ANDREW F. 4

What Happened
Andrew F. Cates, a director of TripAdvisor, was granted 17,818 restricted shares on June 29, 2026. The Form 4 reports these shares were awarded at $0.00 (no cash paid); the grant is reported as an award/acquisition (transaction code A) rather than a market purchase or sale.

Key Details

• Transaction date: 2026-06-29; filing date (Form 4): 2026-07-01 — appears timely (within the typical 2-business-day reporting window).
• Shares granted: 17,818 restricted shares; reported acquisition price: $0.00 (award).
• Vesting: The restricted shares vest in full on June 29, 2027 (per footnote).
• Plan: Granted under the TripAdvisor, Inc. 2023 Stock and Annual Incentive Plan (footnote F1).
• Shares owned after transaction: Not specified in the provided filing details.
• No 10b5-1 plan, tax withholding, sale, or exercise reported in this transaction.

Context
This is a compensation-related equity award to a director and not a market purchase or sale. Such grants typically reflect board compensation and have a vesting schedule (here, one year), so they do not by themselves indicate the insider is buying or selling stock in the open market.