GBTG Global Business Travel (GBTG) Insider Trading, Ownership & Congress Trades
Transport · Transportation services · CIK 0001820872
Activist 13DForm 144 · 5
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
136
13F, latest reported quarter
What the filings say about GBTG
Insiders, 180 days
-$32.4M net sold
7 sellers · 0% of sales under a 10b5-1 plan
Planned sales (Form 144), 90 days
$7.3M
5 notices
Activist stakes (13D), 180 days
1 filing
Largest: 7.5% of the class
Global Business Travel insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and 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 no insider buying. Source: SEC Form 4 filings, as of 2026-10-28.
Insider
Filed
Shares
Value
Since filing
Context
- 9 earlier Form 4 trades (code P or S) here by this insider (3 buys, 6 sales), the last on Aug 20, 2026.
- +48.4% median (+37.5% mean) 90-day return after 3 previous buys.
- The trade is 9.3% of the 699,177 shares held after it.
- 2 other insiders sold within 30 days.
- 136 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: See remarks Bock Eric J. sold about $612.8K of GBTG on Aug 21, 2026; 2 other insiders sold within 30 days and 136 funds added in the latest 13F quarter.Context
- 8 earlier Form 4 trades (code P or S) here by this insider (3 buys, 5 sales), the last on Jun 12, 2026.
- +48.4% median (+37.5% mean) 90-day return after 3 previous buys.
- The trade is 1.3% of the 763,957 shares held after it.
- 2 other insiders sold within 30 days.
- 136 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: See remarks Bock Eric J. sold about $94.6K of GBTG on Aug 20, 2026; 2 other insiders sold within 30 days and 136 funds added in the latest 13F quarter.Context
- 1 earlier Form 4 trade (code P or S) here by this insider (1 sale), the last on Aug 5, 2026.
- The trade is 47.6% of the 699,176 shares held after it.
- 2 other insiders sold within 30 days.
- 136 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: President Crawley Andrew George sold about $3.1M of GBTG on Aug 6, 2026; 2 other insiders sold within 30 days and 136 funds added in the latest 13F quarter.Context
- 1 earlier Form 4 trade (code P or S) here by this insider (1 sale), the last on Jun 8, 2026.
- The trade is 3.6% of the 548,257 shares held after it.
- 2 other insiders sold within 30 days.
- 136 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Financial Officer Williams Karen A sold about $188.6K of GBTG on Aug 5, 2026; 2 other insiders sold within 30 days and 136 funds added in the latest 13F quarter.Context
- First Form 4 purchase or sale (code P or S) here by this insider on our record.
- The trade is 33.9% of the 1,031,838 shares held after it.
- 2 other insiders sold within 30 days.
- 136 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: President Crawley Andrew George sold about $3.3M of GBTG on Aug 5, 2026; 2 other insiders sold within 30 days and 136 funds added in the latest 13F quarter.56 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$32.4M over 180 days
-$7.3M over 90 days
below 93% of Transport
Congress
no House purchase disclosed in the last 12 months
Funds
136 funds bought in last quarter
more than 62% of Transport
Revenue
+12.2% year over year
more than 74% of Transport
Margin
4.1% net margin
more than 52% of Transport
Buybacks
$47.0M repurchased, FY to 2026-06-30
more than 61% of Transport
Short interest
no short interest reported
The situation: each line is one rule over one dataset
BlackRock Portfolio Management LLC disclosed a 5%+ stake (7.5%) in the last six months.
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch GBTG
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+20.3%12M
Insider sell13D/G stakeForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns GBTG: institutional holders (13F)
13F holdings, latest reported quarter
157,786,199 sh
$1.5B
49,490,227 sh
$464.7M
21,712,184 sh
$203.9M
10,998,642 sh
$103.3M
8,089,339 sh
$76.0M
Congress trades in GBTG
No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.
Activist and 5% holders (13D/13G)
13D: intends to influence · 13G: passive
BlackRock Portfolio Management LLC
Activist 13D · 2026-05-05
7.5%
GBTG planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
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
GBTG mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
Nexpoint Merger Arbitrage Fund
$73.9M position · as of 2026-06-30
5.0%
Amplify Travel Tech ETF
$918.6K position · as of 2026-06-30
3.7%
ProShares Merger ETF
$368.9K position · as of 2026-05-31
2.3%
Mast Multialternative Strategy Fund
$4.1M position · as of 2026-07-31
2.0%
NYLIM Merger Arbitrage ETF
$4.5M position · as of 2026-07-31
1.8%
Comstock Capital Value Fund
$150.2K position · as of 2026-06-30
1.4%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Executive pay vs shareholder return · Mr. Abbott
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, 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). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
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, 136 funds added last quarter, $7.3M in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
GBTG financials
Revenue growth
+12.2%
XBRL, annual
Net margin
4.1%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$3.2B
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM GBTG
| FY Dec 2025 | $2.7B |
| FY Dec 2024 | $2.4B |
| FY Dec 2023 | $2.3B |
| FY Dec 2022 | $1.9B |
| FY Dec 2021 | n/a |
| Jun 2026 | $870.0M |
| Mar 2026 | $840.0M |
| Dec 2025 | $792.0M |
| Sep 2025 | $674.0M |
| Jun 2025 | $631.0M |
| Mar 2025 | $621.0M |
| Dec 2024 | $591.0M |
| Sep 2024 | $597.0M |
At each fiscal year end
Single quarter
Net margin, TTM
+2.9%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM GBTG
| FY Dec 2025 | +4.1% |
| FY Dec 2024 | -5.5% |
| FY Dec 2023 | -5.9% |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | +2.0% |
| Mar 2026 | +6.4% |
| Dec 2025 | +10.5% |
| Sep 2025 | -9.2% |
| Jun 2025 | +2.4% |
| Mar 2025 | +12.1% |
| Dec 2024 | -2.4% |
| Sep 2024 | -21.4% |
At each fiscal year end
Single quarter
Free cash flow, TTM
$102.0M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM GBTG
| FY Dec 2025 | $104.0M |
| FY Dec 2024 | $165.0M |
| FY Dec 2023 | $49.0M |
| FY Dec 2022 | -$488.0M |
| FY Dec 2021 | n/a |
| Jun 2026 | $103.0M |
| Mar 2026 | -$52.0M |
| Dec 2025 | $13.0M |
| Sep 2025 | $38.0M |
| Jun 2025 | $27.0M |
| Mar 2025 | $26.0M |
| Dec 2024 | $33.0M |
| Sep 2024 | $59.0M |
At each fiscal year end
Single quarter
Debt to equity
0.92x
long-term 2026-06-30 plus current 2026-06-30; equity 2026-06-30
Debt to equity GBTG
| FY Dec 2025 | 0.88x |
| FY Dec 2024 | 1.32x |
| FY Dec 2023 | 1.13x |
| FY Dec 2022 | 8.04x |
| FY Dec 2021 | 0.77x |
| Jun 2026 | 0.92x |
| Mar 2026 | 0.94x |
| Dec 2025 | 0.88x |
| Sep 2025 | 0.91x |
| Jun 2025 | 1.15x |
| Mar 2025 | 1.23x |
| Dec 2024 | 1.32x |
| Sep 2024 | 1.26x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.17x
TTM operating cash flow over long-term 2026-06-30 plus current 2026-06-30
Cash flow to debt GBTG
| FY Dec 2025 | 0.16x |
| FY Dec 2024 | 0.20x |
| FY Dec 2023 | 0.12x |
| FY Dec 2022 | -0.32x |
| FY Dec 2021 | -0.50x |
| Jun 2026 | 0.17x |
| Mar 2026 | 0.11x |
| Dec 2025 | 0.16x |
| Sep 2025 | 0.18x |
| Jun 2025 | 0.19x |
| Mar 2025 | 0.20x |
| Dec 2024 | 0.20x |
| Sep 2024 | 0.19x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+6.5%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity GBTG
| FY Dec 2025 | +8.3% |
| FY Dec 2024 | -11.9% |
| FY Dec 2023 | -20.0% |
| FY Dec 2022 | n/a |
| FY Dec 2021 | +1.0% |
| Jun 2026 | +6.5% |
| Mar 2026 | +6.6% |
| Dec 2025 | +8.3% |
| Sep 2025 | +1.1% |
| Jun 2025 | -4.3% |
| Mar 2025 | -3.5% |
| Dec 2024 | -11.9% |
| Sep 2024 | -14.1% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+2.1%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets GBTG
| FY Dec 2025 | +2.6% |
| FY Dec 2024 | -3.6% |
| FY Dec 2023 | -3.6% |
| FY Dec 2022 | n/a |
| FY Dec 2021 | +0.3% |
| Jun 2026 | +2.1% |
| Mar 2026 | +2.0% |
| Dec 2025 | +2.6% |
| Sep 2025 | +0.3% |
| Jun 2025 | -1.4% |
| Mar 2025 | -1.0% |
| Dec 2024 | -3.6% |
| Sep 2024 | -4.4% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
effective tax rate -98%, not meaningful
Return on invested capital GBTG
| FY Dec 2025 | +4.2% |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | +4.2% |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
+2.1%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
Return on capital employed GBTG
| FY Dec 2025 | +4.1% |
| FY Dec 2024 | +4.0% |
| FY Dec 2023 | -0.3% |
| FY Dec 2022 | -6.6% |
| FY Dec 2021 | n/a |
| Jun 2026 | +2.1% |
| Mar 2026 | +2.4% |
| Dec 2025 | +4.1% |
| Sep 2025 | +4.2% |
| Jun 2025 | +5.0% |
| Mar 2025 | +5.4% |
| Dec 2024 | +4.0% |
| Sep 2024 | +3.0% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
55.88x
close 2026-09-29 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
P/E, trailing GBTG
| FY Dec 2025 | 33.26x |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | 55.24x |
| Mar 2026 | 32.82x |
| Dec 2025 | 33.26x |
| Sep 2025 | 404.00x |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$6.0B
market value at close 2026-09-29 on 2026-07-31 shares, plus long-term 2026-06-30 plus current 2026-06-30, minus cash 2026-06-30
Enterprise value GBTG
| FY Dec 2025 | $5.0B |
| FY Dec 2024 | $5.2B |
| FY Dec 2023 | $3.9B |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | $5.9B |
| Mar 2026 | $4.0B |
| Dec 2025 | $5.0B |
| Sep 2025 | $4.8B |
| Jun 2025 | $3.8B |
| Mar 2025 | $4.3B |
| Dec 2024 | $5.2B |
| Sep 2024 | $4.5B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
+2.1%
TTM free cash flow over market value at close 2026-09-29
FCF yield GBTG
| FY Dec 2025 | +2.6% |
| FY Dec 2024 | +3.8% |
| FY Dec 2023 | +1.6% |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | +2.1% |
| Mar 2026 | +0.9% |
| Dec 2025 | +2.6% |
| Sep 2025 | +3.2% |
| Jun 2025 | +4.8% |
| Mar 2025 | +4.8% |
| Dec 2024 | +3.8% |
| Sep 2024 | +4.5% |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
n/a
prior-year trailing EPS was a loss, growth undefined
PEG, trailing GBTG
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-09-29. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| 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 years, as known on 2026-10-28
GBTG Stock Sonar score 6/7 axes
Find similar shapesCompareGBTG ranks highest on risk and compliance (96th percentile) and growth (74th), and lowest on insider conviction (4th), among Transport peers.
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
GBTG filings, in plain words
Are Global Business Travel insiders buying or selling GBTG?
In the 180 days to 2026-10-28, Global Business Travel insiders were net sellers, a net $32.4M across purchases and sales reported on Form 4, by 7 sellers.
Are there planned insider sales of GBTG?
Yes. 5 Form 144 notices of planned insider sales were filed in the 90 days to 2026-10-28, covering $7.3M of stock; the latest, by ERIC J BOCK, was filed 2026-08-21.
Read the full summary
In the 180 days to 2026-10-28, Global Business Travel insiders were net sellers of GBTG, a net $32.4M across purchases and sales reported on Form 4 by 7 sellers. None of the 18 insider sales was flagged as made under a Rule 10b5-1 plan. Insiders filed 5 Form 144 notices of intent to sell in the 90 days to 2026-10-28, covering $7.3M of stock. 1 activist Schedule 13D filing in the last 180 days declared an intent to influence the company, the largest for 7.5% of the class. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.
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