Holger Bartel

Holger Bartel is a declared insider of Travelzoo (chief executive), with filings sourced from SEC (Form 4). Between 10 May 2021 and 28 September 2026, the trades on record add up to 52 filings.

On the open market, the record shows 2 purchases worth €398k and 37 sales worth €6.8M. Taken together, the sales exceed the purchases by €6.4M. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Outside the open market, there are 11 option exercises. In 2026 alone, the filings show 1 purchase and no sales.

On 30 September 2026 came the latest disclosure, a transaction for €990k in Travelzoo. The clock since the last published purchase (24 February 2026) now reads 236 days. Typically, a trade is published a median of 3 days after it takes place. Section 16 rules allow two business days to file each Form 4. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.