4/A: Certares LTRIP LLC Amends Form 4 Filing for TripAdvisor, Inc. to Correct Transaction Date

Certares LTRIP LLC amended its Form 4 filing to correct the date of the earliest transaction related to TripAdvisor, Inc. shares.

Summary

• Certares LTRIP LLC filed an amendment to its Form 4 filing with the SEC to correct the date of the earliest transaction from June 8, 2023, to June 11, 2024.
• The filing relates to changes in beneficial ownership of TripAdvisor, Inc. [TRIP] securities.
• The original Form 4 was filed on June 13, 2024, and the amendment was filed on June 18, 2024.
• Michael Gregory O'Hara received 13,616 shares of common stock on June 11, 2024, valued at $0, in connection with his election to the Board of Directors.
• Following the transaction, Certares LTRIP LLC indirectly owns 44,587 shares and directly owns 1,713,859 shares of TripAdvisor, Inc. common stock.
• The filing involves multiple reporting persons, including Certares Holdings LLC, Certares Holdings (Blockable) LLC, Certares Holdings (Optional) LLC, Certares Management LLC, Clementine Investments LLC, Pemrose Corp, Michael Gregory O'Hara, and Colin Michael Farmer.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing, indicating standard corporate governance practices. The sentiment is neutral to slightly positive as it reflects ongoing management and board activities.

Positives

• The filing reflects the grant of shares to a new director, aligning his interests with the company's performance.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by company insiders, which is a common practice for publicly traded companies like TripAdvisor.

Management Changes

Stakeholder Impact

• The grant of shares to a new director aligns his interests with those of the shareholders.

Key Dates