TheFork CEO Almir Ambeskovic Sells 8,000 Tripadvisor Shares as Company Divests Subsidiary
Almir Ambeskovic, the CEO of TheFork, sold 8,000 shares in Tripadvisor (TRIP) on September 2, 2026, under a pre-established Rule 10b5-1 trading plan. This transaction is part of an ongoing effort to divest stock and was not based on non-public information. The sale occurred at $9.45 per share for a total value of $75,600, leaving Ambeskovic with 30,456 shares post-sale. The move coincides with Tripadvisor's broader strategy to sell its subsidiary TheFork to American Express in an all-cash deal valued at $700 million. Despite the CEO’s significant stake reduction, he still holds a meaningful position worth approximately $292,682 as of September 2, 2026. Tripadvisor's stock has been under pressure recently, with shares down nearly 43% over the past year and revenue declining by 7% in Q2 to $441.9 million.
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