Williams Karen A 4

What Happened

• Karen A. Williams, Chief Financial Officer of Global Business Travel Group, Inc., received an award of 246,323 restricted stock units (RSUs) on February 18, 2026. The Form 4 shows an acquisition at $0.00 per share (award/grant), i.e., these were granted as compensation rather than purchased for cash.

Key Details

• Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (appears timely).
• Transaction type/code: A (award/grant). Shares granted: 246,323; acquisition price reported: $0.00.
• Vesting: Footnote F1 — these are time-based RSUs that vest in three equal installments beginning March 1, 2027.
• Shares owned after the transaction: not provided in the data you supplied.
• Other footnote (F2): refers to shares acquired under the company’s Employee Stock Purchase Plan on Feb 13, 2026 (included in the filing information).
• No sale or cashless exercise occurred; this is a compensation grant (not an immediate buy or sell).

Context

• RSUs represent a future right to receive shares if vesting conditions are met; they are typically used for compensation and retention and are not immediately liquid.
• Because the RSUs vest starting in March 2027, these shares are not an immediate market signal and will only convert to actual shares (and potential taxable income) as they vest.