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WAVEMAN · COMPANY
GBTG · Global Business Travel Group, Inc.
> Ask across nine datasets ⌘K
LIVE
TEAM-0.32% 13F +439META+3.01% 13F +2,694RCG-2.04% CLUSTERUTHR-4.03% 13F +425CRWV+4.49% 13F +693CRM+2.92% 13F +1,018CVNA-0.98% 13F +794TPL-0.71% 13F +444NET+4.32% 13F +710MSTR+17.56% 13F +526DELL+4.91% 13F +1,203CRWD+5.68% 13F +1,382ANET+1.22% 13F +1,323COIN+10.14% 13F +475TEAM-0.32% 13F +439META+3.01% 13F +2,694RCG-2.04% CLUSTERUTHR-4.03% 13F +425CRWV+4.49% 13F +693CRM+2.92% 13F +1,018CVNA-0.98% 13F +794TPL-0.71% 13F +444NET+4.32% 13F +710MSTR+17.56% 13F +526DELL+4.91% 13F +1,203CRWD+5.68% 13F +1,382ANET+1.22% 13F +1,323COIN+10.14% 13F +475
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GBTG

Global Business Travel Group, Inc.
TRANSPORT · TRANSPORTATION SERVICES · CIK 0001820872
ACTIVIST 13DFORM 144 · 5☆ WATCH
INSIDER NET · 180D
-$32.4M
open-market buys minus sells, Form 4 codes P and S
INSIDER BUYERS · 180D
0
CONGRESS BUYERS · 1Y
0
FUNDS ADDED · QTR
137
13F, latest reported quarter
REVENUE GROWTH
+12.2%
XBRL, annual
NET MARGIN
4.1%
SEVEN FACTS, RANKED AGAINST THE SECTOR · RANK IS NOT A FORECAST
INSIDERS
net -$32.4M over 180 days
-$23.7M over 90 days
below 92% of Transport
CONGRESS
no member of Congress has reported trading it
FUNDS
137 funds added or opened last quarter
more than 63% of Transport
REVENUE
+12.2% year over year
more than 73% of Transport
MARGIN
4.1% net margin
more than 51% of Transport
BUYBACKS
$47.0M repurchased, FY to 2026-06-30
more than 62% of Transport
SHORT
1.1% of shares outstanding short · 4.5 days to cover · settled 2026-07-31
below 65% of Transport
THE SITUATION · EVERY LINE IS ONE RULE OVER ONE DATASET
Insiders are net sellers: -$32.4M across 7 people in 180 days.
137 funds added or opened positions in the latest 13F quarter, of 193 holders.
BlackRock Portfolio Management LLC disclosed a 5%+ stake (7.5%) in the last six months.
The year, with the filings on it
Total return indexed to 100 over the last 12 months · every marker is a federal filing, placed at its date — hover any marker for the detail
TOTAL 12M RETURN +17.0%
+17.0%12M
-39%-20%-1%+17%2025-092025-102025-122026-032026-052026-072026-09 2026-06-11 · Abbott Paul G sold $5.4M2026-06-02 · Bock Eric J. sold $3.7M2026-06-01 · Bock Eric J. sold $3.7M2026-06-09 · Konwiser Evan sold $3.3M2026-08-05 · Crawley Andrew George sold $3.3M2026-08-06 · Crawley Andrew George sold $3.1M2026-06-09 · Abbott Paul G sold $2.0M2026-06-09 · Bock Eric J. sold $1.9M2026-06-08 · Abbott Paul G sold $1.6M2026-06-11 · Bock Eric J. sold $1.2M2026-05-04 · Thompson John David sold $1.0M2026-06-12 · Bock Eric J. sold $849.8K2026-03-04 · Thompson John David sold $625.8K2026-08-21 · Bock Eric J. sold $612.8K2026-08-05 · Williams Karen A sold $188.6K2026-06-05 · Bush James Peter sold $163.8K2026-08-20 · Bock Eric J. sold $94.6K2026-06-08 · Williams Karen A sold $93.5K2026-06-05 · Abbott Paul G sold $81.9K2026-05-05 · BlackRock Portfolio Management LLC filed a 5%+ stake (7.5%)2026-08-21 · ERIC J BOCK filed to sell $613.1K2026-08-20 · Bock Eric J. filed to sell $94.5K2026-08-06 · ANDREW GEORGE CRAWLEY filed to sell $3.1M2026-08-05 · ANDREW GEORGE CRAWLEY filed to sell $3.3M2026-08-05 · KAREN WILLIAMS filed to sell $188.6K
INSIDER SELL13D/G STAKEFORM 144
INDEXED RETURN, DIVIDEND-ADJUSTED — NOT A PRICE CHART · LARGE TRADES DRAWN FIRST WHEN A NAME FILES HEAVILY
Live price
Daily candles from TradingView, on their licence — no filings are marked on this one
WHY THIS NAME IS ON THE DESK
An activist crossed the 5% line with declared intent.
The record shows a net $32.4M sold by insiders over 180 days, 137 funds added last quarter, $7.3M in planned Form 144 sales. Every figure is a federal filing, dated the day it became public.
Same sector, ranked by filing activity
Sector from the SEC's own SIC classification
Insider transactions
Form 4 purchases and sales (codes P and S) — grants, option exercises and preferred conversions excluded

Over the last 180 days, Global Business Travel Group, Inc. insiders sold a net $32.4M of stock across 56 Form 4 purchases and sales, with 0 insider(s) buying. Source: SEC Form 4 filings, as of 2026-09-05.

INSIDER
FILED
SHARES
VALUE
Bock Eric J.
See remarks
SELL
2026-08-21
64,780.0
$612.8K
Bock Eric J.
See remarks
SELL
2026-08-20
10,000.0
$94.6K
Crawley Andrew George
President
SELL
2026-08-06
332,662.0
$3.1M
Williams Karen A
Chief Financial Officer
SELL
2026-08-05
20,000.0
$188.6K
Crawley Andrew George
President
SELL
2026-08-05
350,000.0
$3.3M
56 TRANSACTIONS ON RECORD

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Institutional holders
13F · holdings as of the latest quarter funds have reported
AMERICAN EXPRESS CO
157,786,199.0 sh
$1.5B
BlackRock, Inc.
49,490,227.0 sh
$464.7M
Apollo Management Holdings, L.P.
21,712,184.0 sh
$203.9M
REDWOOD CAPITAL MANAGEMENT, LLC
10,998,642.0 sh
$103.3M
NEXPOINT ASSET MANAGEMENT, L.P.
8,089,339.0 sh
$76.0M
5%+ owners
13D = intent to influence · 13G = passive
BlackRock Portfolio Management LLC
ACTIVIST 13D · 2026-05-05
7.5%
Planned sales · Form 144
Filed before the sale — intent, not a trade
ERIC J BOCK
FILED 2026-08-21
$613.1K
Bock Eric J.
FILED 2026-08-20
$94.5K
ANDREW GEORGE CRAWLEY
FILED 2026-08-06
$3.1M
ANDREW GEORGE CRAWLEY
FILED 2026-08-05
$3.3M
KAREN WILLIAMS
FILED 2026-08-05
$188.6K
Fund concentration
N-PORT · funds ranked by how much of THEMSELVES they put in this stock — the conviction number 13F cannot show
Amplify Travel Tech ETF
$946.8K POSITION · AS OF 2026-03-31
3.9%
Zacks Small-Cap Core Fund
$458.0K POSITION · AS OF 2026-02-28
1.5%
BALLAST SMALL/MID CAP ETF
$1.9M POSITION · AS OF 2026-03-31
1.2%
Harbor Human Capital Factor US Small Cap ETF
$440.4K POSITION · AS OF 2026-04-30
0.3%
AAM Transformers ETF
$307.5K POSITION · AS OF 2026-04-30
0.2%
Lazard US Systematic Small Cap Equity ETF
$83.7K POSITION · AS OF 2026-03-31
0.1%
SEC N-PORT, MONTHLY WITH A ~60-DAY PUBLIC LAG · FUNDS ≥ $10M · % = SHARE OF THE FUND'S OWN BOOK
Executive pay vs shareholder return · Mr. Abbott
DEF 14A pay-versus-performance disclosure · both the headline pay and the SEC's mark-to-market figure, beside the return the company delivered and the return of the peer group it chose itself
FY
CEO TOTAL
ACTUALLY PAID
OTHER NEOs AVG
TSR
PEER TSR
2025
$10.0M
$6.0M
$3.5M
-9%
+53%
2024
$13.3M
$21.2M
$4.3M
+11%
+55%
2023
$18.3M
$14.0M
$7.1M
-23%
+23%
2022
$13.0M
$7.5M
$7.2M
-19%
-11%
TAGGED BY THE COMPANY UNDER SEC ITEM 402(v) · RETURN IS CUMULATIVE FROM THE START OF THE DISCLOSURE PERIOD · GREEN WHERE THE COMPANY BEAT ITS OWN PEER GROUP
Fundamentals
Annual figures from XBRL filings · pick a past date to see them exactly as the market knew them then — restatements and all
2025-122024-122023-122022-12
REVENUE$2.7B$2.4B$2.3B$1.9B
OPERATING INCOME$130.0M$115.0M$-8.0M$-198.0M
NET INCOME$111.0M$-134.0M$-136.0M$-229.0M
EPS (DILUTED)0.22-0.30-0.30-0.51
OPERATING CASH FLOW$233.0M$272.0M$162.0M$-394.0M
CASH$434.0M$536.0M$476.0M$303.0M
LONG-TERM DEBT$1.4B$1.4B$1.4B$1.2B
BUYBACKS$73.0M$55.0M$0$0
SEC XBRL · FISCAL-YEAR PERIODS · AS KNOWN ON 2026-09-05 · NOBODY ELSE SHOWS FUNDAMENTALS AS OF A PAST DATE
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Public filings, honestly analyzed. Official US government sources in one desk — every figure carries the date it was filed, and the methodology is published, backtest included.

SEC FORM 4FORM 13F 13D/GFORM 144XBRL STOCK ACTCONTRACTSFEC CFPBNRC
© 2026 WAVEMAN · SOURCE: SEC EDGAR & OFFICIAL GOVERNMENT DATA · NOT INVESTMENT ADVICE · CHART BY TRADINGVIEW · UPDATED 2026-09-05 ALL SYSTEMS LIVE FOR MACHINES →