PEDERSEN BRANDON 4

What Happened

• Brandon Pedersen, a director of trivago N.V. (TRVG), had restricted stock units (RSUs) vest on May 15, 2026. The Form 4 shows derivative conversions/exercises and an award: 7,616 ADS acquired via exercise, a grant/award of 69,092 ADS acquired, and disposals of 2,411 ADS (withheld for taxes) plus two disposals of 3,333 ADS and 4,283 ADS. All transactions show $0 per share because these were vesting/conversion events, not open-market purchases or sales. Net result: +66,681 ADS acquired on that date.

Key Details

• Transaction date(s): May 15, 2026; Form 4 filed May 19, 2026 (timely filing).
• Prices: $0.00 per share for all reported transactions (derivative conversions/vesting).
• Shares moved: Acquired 7,616 (exercise) + 69,092 (award) = 76,708 ADS; Disposed 2,411 (tax withholding) + 3,333 + 4,283 = 10,027 ADS; Net +66,681 ADS.
• Shares owned after transaction: Not specified in the provided filing.
• Notable footnotes: F1 — amounts reported in American Depositary Shares (ADS); 1 ADS = 5 Class A shares. F2 — 2,411 ADS were withheld to satisfy tax withholding. F3/F5/F6 — RSU grants and vesting schedules (grants dated July 29, 2024 and July 14, 2025, with quarterly vesting).
• Filing timeliness: Reported May 19 for May 15 transactions — within the usual two business-day reporting window.

Context

• These were vesting/conversion events for RSUs (derivative exercises and an award), not open-market purchases or sales. The $0 prices and the tax-withholding entry indicate shares were issued/converted on vesting and some were withheld or disposed to cover taxes or as immediate dispositions. Such routine RSU vesting and withholding are common and do not by themselves indicate insider buying or selling intent in the open market.