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STOCK TITAN

[Form 4] TripAdvisor, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4
Rhea-AI Filing Summary

TripAdvisor Chief Legal Officer Seth J. Kalvert reported multiple equity transactions on 08/15/2025 involving restricted stock units (RSUs) and common stock. He acquired 3,162 RSUs (vesting/exercisable dates listed) and 2,601 RSUs at different grant prices, which converted into a total of 18,969 and 26,013 underlying shares respectively. Offsetting those acquisitions, Kalvert disposed of several share amounts totaling net changes reflected in his beneficial ownership moving between 146,451 and 149,052 shares across reported transactions. The form was signed by an attorney-in-fact on 08/18/2025.

Il Chief Legal Officer di TripAdvisor, Seth J. Kalvert, ha riportato diverse operazioni su azioni il 15/08/2025 riguardanti unità di stock ristrette (RSU) e azioni ordinarie. Ha acquisito 3.162 RSU (con date di maturazione/esercizio specificate) e 2.601 RSU a differenti prezzi di assegnazione, convertite rispettivamente in un totale di 18.969 e 26.013 azioni sottostanti. Compensando tali acquisizioni, Kalvert ha ceduto vari quantitativi di azioni, con variazioni nette del suo possesso beneficiario che si sono attestati tra 146.451 e 149.052 azioni nelle transazioni dichiarate. Il modulo è stato firmato da un procuratore il 18/08/2025.

El Director Legal de TripAdvisor, Seth J. Kalvert, informó varias transacciones de acciones el 15/08/2025 que involucraron unidades restringidas de acciones (RSU) y acciones ordinarias. ܾó 3.162 RSU (con fechas de consolidación/ejercicio indicadas) y 2.601 RSU a distintos precios de concesión, que se convirtieron en un total de 18.969 y 26.013 acciones subyacentes respectivamente. Compensando esas adquisiciones, Kalvert 徱Dzí de varias cantidades de acciones, resultando en cambios netos de su propiedad beneficiaria entre 146.451 y 149.052 acciones en las transacciones reportadas. El formulario fue firmado por un apoderado el 18/08/2025.

TripAdvisor� 최고법률책임�(CLO) Seth J. Kalvert� 2025� 8� 15� 제한주식단위(RSU)와 보통주를 포함� 여러 주식 거래� 신고했습니다. 그는 특정 권리확정/행사일이 명시� 3,162 RSU와 서로 다른 부여가� 설정� 2,601 鳧� 취득했으�, 이는 각각 � 18,969주와 26,013주의 기초 주식으로 전환되었습니�. 이러� 취득� 상쇄하기 위해 Kalvert� 여러 주식� 처분했고, 신고� 거래들에� 그가 실질적으� 보유� 주식 수는 순변동으� 146,451주에� 149,052� 사이� 오갔습니�. 양식은 2025� 8� 18� 대리인� 서명했습니다.

Le directeur juridique de TripAdvisor, Seth J. Kalvert, a déclaré plusieurs opérations sur titres le 15/08/2025 impliquant des unités d’actions restreintes (RSU) et des actions ordinaires. Il a acquis 3�162 RSU (avec dates d’acquisition/exercice indiquées) et 2�601 RSU à différents prix d’attribution, converties respectivement en un total de 18�969 et 26�013 actions sous-jacentes. En compensation de ces acquisitions, Kalvert a éé plusieurs lots d’actions, son nombre d’actions en propriété bénéficiaire nette s’étant situé entre 146�451 et 149�052 actions dans les transactions déclarées. Le formulaire a été signé par un mandataire le 18/08/2025.

Der Chief Legal Officer von TripAdvisor, Seth J. Kalvert, meldete am 15.08.2025 mehrere Aktiengeschäfte, die Restricted Stock Units (RSUs) und Stammaktien betrafen. Er hat 3.162 RSUs (mit aufgeführten Vesting-/Ausübungsterminen) und 2.601 RSUs zu unterschiedlichen Gewährungswerten erworben, die sich jeweils in insgesamt 18.969 bzw. 26.013 zugrundeliegende Aktien umwandelten. Diese Erwerbe wurden durch mehrere ձäßܲԲ ausgeglichen, so dass sich sein wirtschaftliches Eigentum in den gemeldeten Transaktionen netto zwischen 146.451 und 149.052 Aktien bewegte. Das Formular wurde am 18.08.2025 von einem Bevollmächtigten unterzeichnet.

Positive
  • Acquisitions of RSUs showing compensation vesting: 3,162 and 2,601 RSUs that converted into common shares
  • Timely and complete reporting of Section 16 transactions with attorney-in-fact signature dated 08/18/2025
Negative
  • Partial disposals of common stock reported (1,529 and 1,258 shares) at $18.03 which reduced direct holdings
  • No additional context in the filing about reasons for disposals (e.g., tax withholding or open-market sales)

Insights

TL;DR: Insider executed scheduled RSU transactions and small open-market disposals, producing minor net change in beneficial ownership.

The filings show routine compensation-related activity: multiple RSU acquisitions at grant prices of $0 and $27.03 that converted into specified common shares, alongside small disposals reported at $18.03 per share. The scale of activity (net position moving modestly within the ~147k�149k share range) is not immediately material to TripAdvisor's market capitalization. These transactions align with vesting and planned sales rather than indicating unusual insider behavior.

TL;DR: Transactions appear consistent with compensation vesting and routine sales; disclosure meets Section 16 requirements.

The Form 4 documents timely reporting of RSU vesting and related share disposals, with transaction codes indicating standard acquisitions (M) and disposals (F) executed on 08/15/2025. The signature by an attorney-in-fact is properly dated. There are no disclosed exceptions, amendments, or unusual derivatives structures; governance implications are routine and disclosure-compliant based on the provided data.

Il Chief Legal Officer di TripAdvisor, Seth J. Kalvert, ha riportato diverse operazioni su azioni il 15/08/2025 riguardanti unità di stock ristrette (RSU) e azioni ordinarie. Ha acquisito 3.162 RSU (con date di maturazione/esercizio specificate) e 2.601 RSU a differenti prezzi di assegnazione, convertite rispettivamente in un totale di 18.969 e 26.013 azioni sottostanti. Compensando tali acquisizioni, Kalvert ha ceduto vari quantitativi di azioni, con variazioni nette del suo possesso beneficiario che si sono attestati tra 146.451 e 149.052 azioni nelle transazioni dichiarate. Il modulo è stato firmato da un procuratore il 18/08/2025.

El Director Legal de TripAdvisor, Seth J. Kalvert, informó varias transacciones de acciones el 15/08/2025 que involucraron unidades restringidas de acciones (RSU) y acciones ordinarias. ܾó 3.162 RSU (con fechas de consolidación/ejercicio indicadas) y 2.601 RSU a distintos precios de concesión, que se convirtieron en un total de 18.969 y 26.013 acciones subyacentes respectivamente. Compensando esas adquisiciones, Kalvert 徱Dzí de varias cantidades de acciones, resultando en cambios netos de su propiedad beneficiaria entre 146.451 y 149.052 acciones en las transacciones reportadas. El formulario fue firmado por un apoderado el 18/08/2025.

TripAdvisor� 최고법률책임�(CLO) Seth J. Kalvert� 2025� 8� 15� 제한주식단위(RSU)와 보통주를 포함� 여러 주식 거래� 신고했습니다. 그는 특정 권리확정/행사일이 명시� 3,162 RSU와 서로 다른 부여가� 설정� 2,601 鳧� 취득했으�, 이는 각각 � 18,969주와 26,013주의 기초 주식으로 전환되었습니�. 이러� 취득� 상쇄하기 위해 Kalvert� 여러 주식� 처분했고, 신고� 거래들에� 그가 실질적으� 보유� 주식 수는 순변동으� 146,451주에� 149,052� 사이� 오갔습니�. 양식은 2025� 8� 18� 대리인� 서명했습니다.

Le directeur juridique de TripAdvisor, Seth J. Kalvert, a déclaré plusieurs opérations sur titres le 15/08/2025 impliquant des unités d’actions restreintes (RSU) et des actions ordinaires. Il a acquis 3�162 RSU (avec dates d’acquisition/exercice indiquées) et 2�601 RSU à différents prix d’attribution, converties respectivement en un total de 18�969 et 26�013 actions sous-jacentes. En compensation de ces acquisitions, Kalvert a éé plusieurs lots d’actions, son nombre d’actions en propriété bénéficiaire nette s’étant situé entre 146�451 et 149�052 actions dans les transactions déclarées. Le formulaire a été signé par un mandataire le 18/08/2025.

Der Chief Legal Officer von TripAdvisor, Seth J. Kalvert, meldete am 15.08.2025 mehrere Aktiengeschäfte, die Restricted Stock Units (RSUs) und Stammaktien betrafen. Er hat 3.162 RSUs (mit aufgeführten Vesting-/Ausübungsterminen) und 2.601 RSUs zu unterschiedlichen Gewährungswerten erworben, die sich jeweils in insgesamt 18.969 bzw. 26.013 zugrundeliegende Aktien umwandelten. Diese Erwerbe wurden durch mehrere ձäßܲԲ ausgeglichen, so dass sich sein wirtschaftliches Eigentum in den gemeldeten Transaktionen netto zwischen 146.451 und 149.052 Aktien bewegte. Das Formular wurde am 18.08.2025 von einem Bevollmächtigten unterzeichnet.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kalvert Seth J

(Last) (First) (Middle)
C/O TRIPADVISOR, INC.
400 1ST AVENUE

(Street)
NEEDHAM MA 02494

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TripAdvisor, Inc. [ TRIP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal Officer & Sec.
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/15/2025 M 3,162 A $18.03 147,980 D
Common Stock 08/15/2025 F 1,529 D $18.03 146,451 D
Common Stock 08/15/2025 M 2,601 A $18.03 149,052 D
Common Stock 08/15/2025 F 1,258 D $18.03 147,794 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0 08/15/2025 M 3,162 02/15/2024 02/15/2027 Common Stock 3,162 $0 18,969 D
Restricted Stock Units $27.03 08/15/2025 M 2,601 02/15/2025 02/15/2028 Common Stock 2,601 $0 26,013 D
Explanation of Responses:
/s/ Linda C. Frazier, attorney in fact 08/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did TripAdvisor (TRIP) insider Seth J. Kalvert report on 08/15/2025?

The Form 4 reports RSU acquisitions of 3,162 and 2,601 units (converted to common shares) and disposals of 1,529 and 1,258 common shares, with prices shown at $18.03.

Did Seth Kalvert increase or decrease his beneficial ownership in TRIP?

His beneficial ownership figures reported fluctuate between 146,451 and 149,052 shares across transactions, reflecting both acquisitions and disposals.

Were these transactions option exercises or RSU vesting for TRIP insider filings?

The document shows Restricted Stock Units (RSUs) being acquired and converting into common stock, with two different grant/vesting schedules noted.

Are the reported sale prices for the disposed TRIP shares available?

Yes; the disposals are reported with a price of $18.03 per share on 08/15/2025.

Who signed the Form 4 for Seth Kalvert?

The Form 4 was signed by Linda C. Frazier, attorney-in-fact on 08/18/2025.
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2.05B
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Travel Services
Services-computer Programming, Data Processing, Etc.
United States
NEEDHAM