Pelant John Edward sold GBTG
September 29, 2026 · Form 4 insider transaction
Pelant John Edward sold 92,371 shares of Global Business Travel Group Inc, a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 0 days after the transaction.
Footnotes
On September 29, 2026, pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement"), dated May 2, 2026, by and among the Issuer, Gaia Purchaser, Inc. ("Parent") and Gaia Merger Sub, Inc., a wholly owned subsidiary of Parent, the Issuer became a wholly owned subsidiary of Parent (the "Merger"). At the effective time of the Merger (the "Effective Time"), pursuant to the Merger Agreement, each award of restricted stock units of the Issuer (a "Company RSU") that was outstanding as of immediately prior to the Effective Time was automatically cancelled and converted into the right to receive an amount in cash, without interest and subject to applicable withholding taxes, equal to the product of (i) $9.50, without interest thereon (the "Per Share Price") and (ii) the total number of shares of Class A common stock, par value $0.0001 per share, of the Issuer ("Company Common Stock") subject to such Company RSU as of immediately prior to the Effective Time.