trivago N.V.·4

May 19, 8:21 AM ET

Schmuhl Wolf Ralph-Bruno 4

4 · trivago N.V. · Filed May 19, 2026

Research Summary

AI-generated summary of this filing

Updated

trivago (TRVG) Director Schmuhl Converts/Exercises RSUs

What Happened

  • Director Ralph-Bruno Schmuhl reported multiple derivative exercises/conversions on May 15, 2026 related to vested restricted stock units (RSUs). The Form 4 shows 12,772 American Depositary Shares (ADS) acquired via conversion/exercise (code M) at $0.00 and several dispositions on the same date including 6,642 ADS withheld for taxes (code F) and other conversion/disposition entries totaling additional ADS.
  • All transactions are reported at $0.00 because these entries reflect RSU vesting/conversion and tax withholding rather than open-market purchases at cash prices. Footnotes indicate these were RSUs granted in 2024 and 2025 that follow a quarterly vesting schedule.

Key Details

  • Transaction date: May 15, 2026; Form 4 filed May 19, 2026 (appears timely within SEC two-business-day rule).
  • Reported items:
    • 12,772 ADS acquired (exercise/conversion; code M) @ $0.00.
    • 6,642 ADS disposed/withheld for taxes (code F) @ $0.00 (footnote F2).
    • Additional exercise/conversion dispositions (code M): 3,313 ADS, 1,126 ADS, and 8,333 ADS — each reported @ $0.00.
  • ADS conversion note: 1 ADS represents 5 Class A shares of trivago (footnote F1).
  • RSU background: the filing references multiple RSU grants with staggered/quarterly vesting schedules (footnotes F3, F5, F6). F4 notes RSUs do not expire.
  • Shares owned after the transactions are not specified in the provided excerpt of the filing.

Context

  • These entries reflect RSU vesting/conversion and tax-withholding mechanics (code F) rather than an open-market buy or sale. For derivative filings, code M indicates exercise or conversion of a derivative instrument (here, conversion of RSUs to ADS). Because reported prices are $0.00, the filing does not indicate cash proceeds from open-market sales.

Insider Transaction Report

Form 4
Period: 2026-05-15
Transactions
  • Exercise/Conversion

    American Depositary Shares

    [F1]
    2026-05-15+12,77234,882 total
  • Tax Payment

    American Depositary Shares

    [F1][F2]
    2026-05-156,64228,240 total
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F4][F1]
    2026-05-153,3136,625 total
    Exercise: $0.00American Depositary Shares (3,313 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F5][F4][F1]
    2026-05-151,1267,888 total
    Exercise: $0.00American Depositary Shares (1,126 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F6][F4][F1]
    2026-05-158,33366,668 total
    Exercise: $0.00American Depositary Shares (8,333 underlying)
Footnotes (6)
  • [F1]One (1) American Depositary Share (ADS) represents five (5) Class A Shares.
  • [F2]Represents American Depositary Shares of trivago N.V. withheld for payment of taxes due in connection with the vesting of restricted stock units.
  • [F3]These Restricted Stock Units were granted on February 2, 2024 for a total of 39,753 units. 1/12th vested on February 15, 2024, and an additional 1/12th will vest quarterly on the vesting dates 15 February, 15 May, 15 August and 15 November thereafter until the award is fully vested, subject to continued service on such vesting date.
  • [F4]RSUs do not have an Expiration Date.
  • [F5]These Restricted Stock Units were granted on February 27, 2025 for a total of 13,518 units. 1/12th vested on May 15, 2025, and an additional 1/12th will vest quarterly on the vesting dates 15 February, 15 May, 15 August and 15 November thereafter until the award is fully vested, subject to continued service on such vesting date.
  • [F6]These Restricted Stock Units were granted on April 14, 2025 for a total of 100,000 units. 1/12th vested on August 15, 2025, and an additional 1/12th will vest quarterly on the vesting dates 15 February, 15 May, 15 August and 15 November thereafter until the award is fully vested, subject to continued service on such vesting date.
Signature
/s/ Olga Mizikova, as Attorney-in-Fact|2026-05-19

Documents

1 file
  • 4
    wk-form4_1779193283.xmlPrimary

    FORM 4