No insider purchase over the last 90 days. The latest was filed 18 May 2023.
Global Business Travel Group, Inc. belongs to the Business Services sector. Filings by its managers are published through SEC (Form 4). 26 insiders have disclosed 120 filings since 18 October 2025.
All open-market trades in the period are sales: 18 sales worth €13.5M, by 7 insiders, with no purchase on record. The totals exclude 8 filings filed without an amount. The largest single trade was a sale of €3.2M by Bock Eric J., published on 3 June 2026, equal to 0.081% of the market capitalisation.
Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. The legal deadline for a Form 4 is two business days after the transaction. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification.
Compared with its exchange (5,808 companies, median 19 filings), a count of 120 filings is above the norm. Over the whole record (from 2022), the tally stands at 18 purchases and 20 sales. The 10-K for the year ended 31 December 2025 shows 2.72 bn USD of revenue and 111.0 m USD of net income.
Other companies in the same sector with recent insider buying flagged by our signals: Coursera, Inc. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
+2 other insiders
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
25 of 305 declarations
Global Business Travel Group, Inc. (NYSE: GBTG), headquartered in New York, New York, United States, is the company operating the American Express Global Business Travel brand, commonly known as Amex GBT. The group is a leading provider of business travel software and services, combining travel management, expense-related capabilities, and meetings & events solutions for enterprise and institutional clients. Its offering spans booking and servicing corporate travel, supporting travel program governance, and helping customers manage meetings and events at scale. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1820872/000162828026015817/gbtg-20251231.htm?utm_source=openai))
GBTG’s roots go back to the joint venture created in June 2014, when American Express partnered with a predecessor of Juweel owned by institutional investors led by an affiliate of Certares. Before that, the business had been owned directly by American Express and was primarily focused on corporate travel solutions. The current public company was formed through the business combination with Apollo Strategic Growth Capital, a NYSE-listed SPAC, which closed on May 27, 2022. Apollo Strategic Growth Capital was then renamed Global Business Travel Group, Inc., and the shares began trading under the GBTG ticker on May 31, 2022. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1820872/000110465923035161/gbtg-20221231x10k.htm?utm_source=openai))
Operationally, Amex GBT describes itself as a technology-enabled B2B marketplace for travel. The company emphasizes a broad content network, software tools, and global service teams available 24/7 across more than 140 countries. This combination is important because corporate travel buyers increasingly want integrated platforms that can improve compliance, control costs, and enhance traveler experience rather than relying solely on traditional agency workflows. GBTG also serves travel suppliers, giving them efficient access to enterprise demand through its marketplace model. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1820872/000162828025011370/gbtg-20241231.htm?utm_source=openai))
From a competitive standpoint, GBTG is one of the better-known global names in business travel management, a market characterized by a handful of large international operators and strong technology competition. A key strategic advantage is its exclusive, worldwide trademark license from American Express, signed in connection with the 2022 transaction, which allows the company to use the American Express Global Business Travel and related meetings & events brands. That brand equity remains a meaningful differentiator with multinational customers and supplier partners. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1820872/000110465923035161/gbtg-20221231x10k.htm?utm_source=openai))
Geographically, the company has proprietary presence or operations in many countries and supports customers in other regions through its Travel Partners Network. Its corporate structure is an Up-C model, with operations conducted through GBT JerseyCo and subsidiaries. Recent corporate highlights include the release of full-year 2024 results in 2025 and, in 2026, an announcement that the board authorized a doubling of the share repurchase program to $600 million, suggesting management confidence in the company’s financial flexibility and capital return framework. ([investors.amexglobalbusinesstravel.com](https://investors.amexglobalbusinesstravel.com/investors/news/news-details/2025/American-Express-Global-Business-Travel-Reports-Strong-Fourth-Quarter-and-Full-Year-2024-Financial-Results-With-Continued-Momentum-in-2025/?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2025 | 2.72 bn USD | 111.0 m USD | 0.22 USD | 10-K |
| Dec 2024 | 2.42 bn USD | -134.0 m USD | -0.30 USD | 10-K |
| Dec 2023 | 2.29 bn USD | -136.0 m USD | -0.30 USD | 10-K |
| Dec 2022 | 1.85 bn USD | -229.0 m USD | -0.51 USD | 10-K |
| Dec 2021 | 763.0 m USD | 6.2 m USD | n.d. | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.