Ward Susan F 4

What Happened
Susan F. Ward, a director of Global Business Travel Group, Inc. (GBTG), was awarded 23,429 restricted stock units (RSUs) on 2026-05-13. The units were reported at $0.00 per share (grant/award, transaction code A). These RSUs are compensation—not an open-market purchase or sale—and will convert one-for-one into shares of common stock upon vesting.

Key Details

• Transaction date: 2026-05-13; Filing date: 2026-05-15 (Form 4 accession 0001795151-26-000002). Filed within the typical two-business-day Form 4 deadline.
• Grant: 23,429 RSUs, reported price $0.00 (award/grant, code A).
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — RSUs are part of the issuer’s non-employee director compensation program; units automatically convert to common stock 1:1 upon vesting and the award will fully vest on the date of the issuer’s next annual stockholders’ meeting.
• No cash was paid; this is a compensation award (not a sale or purchase).

Context
RSU grants to non-employee directors are a common form of director compensation and generally reflect standard pay practices rather than an active directional bet on the stock. These units will only become tradable shares if and when they vest (here, at the next annual meeting).