Form 4: Booking Holdings CEO Glenn Fogel Reports Stock Transactions

Glenn Fogel, CEO and President of Booking Holdings, reports acquisition and disposal of company stock related to vesting of performance share units and restricted stock units, as well as tax withholding obligations.

Summary

• Glenn Fogel, the CEO and President of Booking Holdings, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On March 4, 2025, Mr. Fogel acquired 13,379 shares of common stock related to the vesting of a performance share unit award.
• Also on March 4, 2025, 9,064 shares were disposed of to satisfy tax withholding obligations related to the vesting of performance share units at a price of $4,946.15.
• An additional 1,386 shares were withheld on the same day to cover tax obligations related to the vesting of restricted stock units, also at $4,946.15.
• Mr. Fogel also acquired 2,022 restricted stock units which will vest in installments between March 4, 2025, and March 4, 2028.
• Following these transactions, Mr. Fogel directly owns 29,672 shares of Booking Holdings Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transactions are routine and related to compensation and tax obligations. There is no indication of unusual activity or concern.

Positives

• The vesting of performance share units indicates that performance goals were met, which is a positive sign for the company's performance.
• The grant of restricted stock units incentivizes the CEO to continue to perform well for the company.

Future Outlook

The restricted stock units will vest in installments between March 4, 2025, and March 4, 2028, subject to continued service.

Industry Context

Tracking executive stock transactions provides insights into management's perspective on the company's value and future prospects. Form 4 filings are a standard part of regulatory compliance for publicly traded companies.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
• Employees may be indirectly impacted by the performance share units vesting, as it reflects the company's achievement of performance goals.

Key Dates

Keywords

Booking Holdings, Glenn Fogel, Form 4, Stock Transactions, Beneficial Ownership, Performance Share Units, Restricted Stock Units, Tax Withholding