{"filings":[{"id":901157,"accession_number":"0001140361-26-024371","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2026-06-08T13:01:41+00:00","items":["7.01","9.01"],"status":"ready","headline":"GBTG reports 3% Q1 and 6% Q2 transaction growth in M&A debt financing disclosure","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Transaction growth (workday-adjusted) was 3% YoY in Q1 2026 and 6% YoY in Q2 2026 QTD (April + preliminary May).","Total Transaction Value (TTV) growth (constant currency & workday-adjusted) was 9% YoY in Q1 and 15% YoY in Q2 QTD.","Metrics furnished to lenders for debt financing of the pending acquisition by Long Lake Management, announced May 2, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":500596,"accession_number":"0001628280-26-036003","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2026-05-18T20:44:35+00:00","items":["5.07"],"status":"ready","headline":"GBTG shareholders elect three Class I directors, approve equity plan amendment","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Directors Paul Abbott, Eric Hart, Kathleen Winters elected with >396M votes each; broker non-votes ~3.4M.","KPMG ratified as independent auditor for FY2026: 406.4M for, 0.7M against, 31K abstain.","Advisory vote on NEO compensation approved: 402.4M for, 1.3M against, 86K abstain.","Amendment to 2022 Equity Incentive Plan approved: 391M for, 9.1M against, 3.6M abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":40248,"accession_number":"0001104659-26-059370","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2026-05-12T20:05:34+00:00","items":["5.02","9.01"],"status":"ready","headline":"GBTG CTO John David Thompson to depart May 31; equity vesting extended through Nov 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["EVP, Chief Technology Officer John David Thompson's employment terminates May 31, 2026.","Eligible for severance under existing Severance Protection Agreement: 1-year base salary continuation, COBRA premiums, and pro-rata bonus.","Outstanding RSUs and PSUs extended and treated as if employed through November 30, 2026; stock options exercisable through later of normal period or Nov 30, 2026.","Thompson's responsibilities will be allocated to other senior leadership team members.","Severance conditioned on execution of general release of claims and compliance with non-compete, non-solicitation, and confidentiality covenants."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95802,"accession_number":"0001140361-26-018699","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2026-05-04T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"GBTG to be acquired by Long Lake for $9.50 per share in cash","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition price of $9.50 per share in cash; holders of ~69% of shares have agreed to vote in favor via voting agreements.","Company must pay $200M termination fee under certain circumstances; Parent pays $270M termination fee if it breaches.","Debt financing of $2.5B committed to fund the transaction, along with equity commitments from Long Lake and Koch Equity Development.","Closing subject to stockholder approval, HSR and other regulatory clearances, and no Company Material Adverse Effect.","Merger expected to close by November 2, 2026, extendable to February 2, 2027 for regulatory approvals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95801,"accession_number":"0001140361-26-018689","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2026-05-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Amex GBT Q1 revenue up 35% to $840M; net income falls 28%, FCF turns negative","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $840M (+35% YoY); Net income $54M (-28%) vs $75M a year ago.","Adjusted EBITDA $150M (+6%); margin declined to 18% from 23%.","Free cash flow -$52M vs +$26M in Q1 2025; Net Debt/EBITDA 2.0x.","Gross profit margin 56% (down 410bps); Adjusted gross profit margin 58% (down 450bps)."],"consensus_eps_estimate":0.0442,"consensus_eps_actual":0.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":840000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109132,"accession_number":"0001628280-26-015802","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2026-03-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Amex GBT Q4 revenue up 34% to $792M, net income $83M; reiterates 2026 guidance, doubles buyback to $600M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $792M (+34% YoY), net income $83M vs loss $14M prior year.","Full-year 2025 revenue $2,718M (+12%), adjusted EBITDA $532M (+11%).","FY 2026 guidance: revenue growth 19-21%, adjusted EBITDA $615-645M.","Board doubled share buyback authorization to $600M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109131,"accession_number":"0001104659-26-015928","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2026-02-17T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Amex GBT prelim Q4 revenue $792M (+34%), net income $83M, buyback doubled to $600M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue grew 34% to $792M; TTV up 45% to $10B; net income $83M vs loss of $14M prior year.","Full-year 2025 revenue $2.718B (+12%), adjusted EBITDA $532M (+11%), net income $111M vs loss $134M.","Board increased share repurchase authorization to $600M (from $300M), citing confidence in growth and cash generation.","2026 guidance reaffirmed: revenue growth 19-21% ($3.235B-$3.295B), adjusted EBITDA growth 16-21% ($615M-$645M).","CWT acquisition closed Sept 2025 contributed to growth; preliminary results subject to audit."],"consensus_eps_estimate":0.0102,"consensus_eps_actual":0.22,"consensus_revenue_estimate":null,"consensus_revenue_actual":2718000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109129,"accession_number":"0001104659-26-016161","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K/A","filed_at":"2026-02-17T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Amex GBT corrects buyback to $600M; Q4 prelim rev +34% to $792M, net income $83M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Corrects prior 8-K: share repurchase authorization increased to $600M (doubled; increase of $300M).","Preliminary Q4 2025: revenue $792M (+34% YoY), TTV $10B (+45%), adjusted EBITDA $130M (+17%).","Preliminary FY2025: revenue $2.718B (+12%), adj EBITDA $532M (+11%), net income $111M (vs loss $134M).","FY2026 guidance: revenue $3.235-3.295B (19-21% growth), adj EBITDA $615-645M (16-21% growth).","Net cash from ops $233M, free cash flow $104M for FY2025; Q4 net income $83M vs prior loss $14M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109130,"accession_number":"0001104659-26-005456","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2026-01-22T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"GBTG reduces interest margin on term loans by 0.50%, adds $100M incremental borrowing","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amendment lowers SOFR margin to 2.00% (down 0.50%) on new Term B-2 loans; previous margin was 2.50%.","Aggregate principal amount of term loans increased by $100M; all term loans constitute a single fungible class.","New Term B-2 loans mature July 26, 2031, with quarterly amortization of $3,752,525.25.","Proceeds used to refinance existing Term B-1 loans and for working capital and general corporate purposes.","Morgan Stanley Senior Funding serves as administrative agent and lead arranger; UBS as joint bookrunner."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":125618,"accession_number":"0001628280-25-050786","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2025-11-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Amex GBT Q3 revenue up 13% to $674M, raises FY Adj EBITDA guidance to $523-533M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $674M (+13% YoY); net loss improved to $62M from $128M.","Adjusted EBITDA $128M (+9% YoY); margin 19% vs 20% prior year.","Raised FY2025 guidance: revenue growth ~12%, Adj EBITDA $523-533M.","Closed CWT acquisition on September 2, 2025.","Free cash flow $38M, down 33% YoY."],"consensus_eps_estimate":0.0153,"consensus_eps_actual":0.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":1926000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":125617,"accession_number":"0001628280-25-050777","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K/A","filed_at":"2025-11-10T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"GBTG files CWT audited FY2024 and unaudited H1 2025 financials, plus pro forma combined data","summary_kind":"llm","event_type":"m_and_a","confidence":"medium","bullets":["CWT audited 2024 revenue and H1 2025 unaudited statements provided as Exhibits 99.1 and 99.2.","Pro forma condensed combined balance sheet and income statement for FY2024 and H1 2025 filed as Exhibit 99.3.","Deal value approx. $540M enterprise / $470M equity; GBTG to issue ~50M shares at $7.50 + ~$70M cash.","Transaction closed Sept 2, 2025, subject to regulatory clearances including HSR and CFIUS.","CWT recapitalized Nov 2023: FILO loans exchanged for second-lien term loans and equity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":142347,"accession_number":"0001104659-25-086098","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2025-09-02T23:59:59+00:00","items":["1.01","2.01","3.02","7.01","9.01"],"status":"ready","headline":"Amex GBT completes acquisition of CWT for ~$540M; $155M annual synergies expected","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Issued 50.4M shares of Common Stock as consideration; valued at ~$540M on cash-free, debt-free basis.","Company expects ~$155M in annual run-rate synergies from the acquisition within 3 years.","Holdback of 400,000 shares and $13.66M increase in Debt-Like Items, reducing purchase price.","CWT customers gain access to Amex GBT's suite including Neo, Egencia, and Select.","Updated FY2025 guidance including CWT impact to be provided on next earnings call in November."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":142346,"accession_number":"0001820872-25-000027","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2025-08-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Amex GBT Q2 beats: revenue $631M, Adj EBITDA $133M; raises FY guidance; CWT closing Q3","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $631M (+1% YoY); Adj EBITDA $133M (+4% YoY); margin 21% (+70bps).","Raised FY2025 guidance: revenue growth 2-4%, Adj EBITDA $505-540M, FCF $140-160M.","CWT acquisition expected to close Q3 2025; DOJ dismissed litigation.","LTM Total New Wins Value $3.2B; customer retention rate 95%.","Free cash flow of $27M in Q2; accelerating share repurchases."],"consensus_eps_estimate":0.0761,"consensus_eps_actual":0.19,"consensus_revenue_estimate":null,"consensus_revenue_actual":1252000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160372,"accession_number":"0001820872-25-000023","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2025-06-13T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"GBTG shareholders elect four Class III directors and ratify KPMG as auditor at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All four director nominees elected: Al-Thani (399.9M for), Joabar (397.0M), O'Hara (393.3M), Wallach (396.4M).","KPMG LLP ratified as independent auditor for FY2025 with 410.9M votes for, 7.0M against.","Total shares present: 418.1M out of 478.7M shares entitled to vote."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160371,"accession_number":"0001820872-25-000016","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Amex GBT Q1 revenue $621M (+2% YoY), Adj EBITDA $141M (+15%); lowers FY guidance midpoint 6%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 revenue $621M (+2% YoY; +4% constant currency workday-adjusted).","Adjusted EBITDA $141M (+15% YoY); margin expanded 260bps YoY. FCF $26M (+9%).","LTM Total New Wins $3.2B (incl. $2.3B SME); customer retention 96%.","CWT acquisition amended: stock consideration reduced from ~72M to ~50M shares.","Updated FY 2025 guidance: revenue $2.38-2.48B, Adj EBITDA $480-540M, FCF $120-160M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":621000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":178649,"accession_number":"0001104659-25-026717","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2025-03-21T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Amex GBT revises CWT deal to ~$540M, issues 50M shares at $7.50, extends deadline to Dec 31, 2025","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Transaction value reduced to ~$540M from $570M on cash-free, debt-free basis; fixed stock price raised to $7.50/share from $6.00.","Amex GBT to issue ~50M shares (down from ~72M) and pay $70M in cash to CWT equityholders at close.","Drop Dead Date extended to December 31, 2025 to allow time for DOJ antitrust lawsuit seeking to block deal.","Amended agreement maintains expected 7.6x pre-synergy and 2.5x post-synergy Adjusted EBITDA multiples from original March 2024 deal.","Closing remains subject to regulatory approvals and other customary conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":178648,"accession_number":"0001104659-25-021385","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2025-03-06T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"UK CMA approves Amex GBT's acquisition of CWT; US DOJ lawsuit continues","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["UK Competition and Markets Authority approved Amex GBT's acquisition of CWT.","US DOJ filed lawsuit in January 2025 seeking permanent injunction to block deal.","Amex GBT CEO Paul Abbott: 'pleased with CMA decision'; cites benefits for customers and suppliers.","Company calls DOJ suit 'fundamentally flawed', confident in legal position and prepared for trial."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":178647,"accession_number":"0001104659-25-019846","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2025-03-03T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Mohammed Al-Sowaidi resigns; Ugo Arzani appointed to GBTG Board","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mohammed Al-Sowaidi resigned from Board and committees effective Feb 27, 2025; not related to any disagreement.","Ugo Arzani appointed to fill vacancies on Board and Risk Management/Compliance and Nominating/Corporate Governance Committees.","Arzani nominated by QH Travel L.P. per Shareholders Agreement; will receive prorated non-employee director compensation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":178646,"accession_number":"0001628280-25-008443","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2025-02-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Amex GBT Q4 revenue +8% to $591M, Adj. 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EBITDA $530-560M (11-17% growth); FCF >$160M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":2423000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":178645,"accession_number":"0001104659-25-014839","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2025-02-18T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"UK CMA provisionally clears Amex GBT's acquisition of CWT; final decision by March 9","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["UK CMA provisionally found no competition concerns in GBT's proposed acquisition of CWT; final decision by March 9, 2025.","Company continues to defend against DOJ lawsuit filed Jan 2025 seeking a permanent injunction to block the transaction.","CEO Paul Abbott said the deal will accelerate investment and innovation, creating more choice and value.","Acquisition was originally announced on March 25, 2024, and remains subject to customary closing conditions and regulatory approvals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":178644,"accession_number":"0001104659-25-009109","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2025-02-04T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"GBTG reprices term loans, reduces interest margin by 0.50% to SOFR+2.50%","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amendment cuts interest margin on outstanding term loans by 0.50%; new margin is SOFR+2.50% (or Base Rate+1.50%).","Refinancing loans mature July 26, 2031, with quarterly amortization at 1.00% per annum and balance due at maturity.","Existing term loans refinanced via cashless roll and assignment; no new incremental debt incurred.","1% prepayment premium applies to repricing transactions occurring before August 4, 2025; customary breakage costs also apply."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":178643,"accession_number":"0001104659-25-004453","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2025-01-17T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"GBTG extends CWT merger deadline to Mar 17, 2025 pending CMA report","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Drop Dead Date extended from Jan 24, 2025 to earlier of Mar 17, 2025 or 10 business days after CMA's final report.","Merger with CWT Holdings remains subject to UK Competition and Markets Authority regulatory approval.","All other terms of the Agreement and Plan of Merger unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":195307,"accession_number":"0001104659-24-114803","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2024-11-06T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"GBTG challenges UK CMA interim report on CWT acquisition; reaffirms Q1 2025 close","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["UK CMA interim report says Amex GBT's acquisition of CWT may substantially lessen competition in UK.","Amex GBT disagrees, will respond to correct errors; says CMA ignored evidence on dynamic, competitive business travel sector.","Company reaffirms Q1 2025 closing expectation; also working with U.S. DOJ on antitrust review.","Acquisition expected to create synergies, boost innovation, and maintain competition in business travel services."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":195306,"accession_number":"0001820872-24-000047","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2024-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Amex GBT Q3 revenue $597M (+5% YoY), raises FCF guidance to ~$160M, authorizes $300M buyback","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $597M (+5% YoY); TTV $7.8B (+9%); Adjusted EBITDA $118M (+23%, margin 20% up 300bps).","Free cash flow $59M in Q3; full-year FCF guidance raised to ~$160M from >$130M.","Board authorized $300M share buyback; already repurchased 8M shares (~$55M) in Q3.","Revenue and Adjusted EBITDA guidance narrowed: revenue $2.415-2.435B, Adj. EBITDA $470-480M.","Net loss $128M due to derivative fair value moves and debt extinguishment loss, vs $8M loss last year."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":1832000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":211566,"accession_number":"0001820872-24-000039","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2024-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Amex GBT Q2 revenue $625M (+6% YoY), adj. 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UK CMA to Phase 2 investigation","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Proposed CWT acquisition now expected to close in Q1 2025.","UK Competition and Markets Authority (CMA) confirms Phase 2 investigation.","Antitrust Division of US Department of Justice also reviewing transaction.","Company believes Phase 2 analysis will demonstrate customer/supplier benefits and continued competition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":211564,"accession_number":"0001104659-24-083105","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2024-07-29T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Amex GBT refinances credit facility, extends term loan maturity to 2031, upsizes revolver to $360M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $1.4B term loan at SOFR+3.00% (margin reduction ~180 bps); 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(QIA) with board nomination and approval rights.","Board to have 11 directors: CEO, 2 Amex nominees, 2 QIA nominees, 1 Expedia nominee, 1 sponsor nominee, 4-5 independents.","Approval rights for Amex, Expedia, QIA on redemptions, dividends, share exchanges, and certain JerseyCo amendments.","Thresholds: right to nominate falls to 1 director below 15% ownership, ends below 5% (except Amex if controlled entity).","Letter agreement binds Juweel's other equityholders to restrictive covenants from the original shareholders agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":266162,"accession_number":"0001820872-23-000006","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2023-11-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"GBTG Q3 revenue up 17% YoY; Adjusted EBITDA +135%; positive year-to-date free cash flow","summary_kind":"llm","event_type":"earnings","confidence":"medium","bullets":["Revenue grew 17% and Adjusted EBITDA rose 135% versus Q3 2022.","Cash from operations $135M; free cash flow $107M in Q3; year-to-date free cash flow positive.","Leverage ratio lowered to 2.7x, triggering reduced interest rates from Q4 2023.","LTM Total New Wins Value $3.3B; 95% retention; total transactions up 9% YoY.","Reiterated full-year 2023 revenue and Adjusted EBITDA guidance; raised free cash flow outlook."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":1741000000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":283402,"accession_number":"0001104659-23-089574","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2023-08-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Amex GBT Q2 revenue record $592M, +22% YoY; raises FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $592M (record), up 22% YoY; Adjusted EBITDA $106M, +126% YoY.","Net loss $(55)M; Free Cash Flow positive at $19M, ahead of projections.","Total transactions +12% YoY; SME transactions +15% YoY.","LTM Total New Wins Value $3.4B per annum; 95% customer retention.","FY 2023 revenue guidance raised to $2.25-2.28B (22-23% growth); Adj. EBITDA guidance $365-385M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.27,"consensus_revenue_estimate":null,"consensus_revenue_actual":1170000000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":283401,"accession_number":"0001104659-23-079703","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2023-07-10T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"GBTG eliminates UP-C structure; all shares now Class A common stock","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Legacy stockholders (Amex, Juweel, Expedia) exchange all B Shares for Class A common stock.","Elimination of UP-C structure expected to improve index weighting and reduce administrative costs.","Transaction qualifies for non-recognition under Section 351; net tax impact not material.","No JerseyCo B Shares remain outstanding; Tax Distributions to legacy stockholders cease.","Company enters amendments to BCA and Shareholders Agreement to reflect new structure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":302861,"accession_number":"0001104659-23-069936","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2023-06-09T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"GBTG stockholders elect three Class I directors; advisory vote favors triennial say-on-pay","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Paul Abbott, Eric Hart, Kathleen Winters elected as Class I directors for three-year term expiring 2026.","KPMG LLP ratified as independent auditor for FY2023 (430,692,978 votes for, 14,898 against).","Advisory vote on NEO compensation approved (427,131,862 for, 1,024,200 against).","Stockholders recommended triennial advisory vote on executive compensation (421,326,327 votes for 3 years).","Company will hold say-on-pay vote every three years until next required frequency vote."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":302860,"accession_number":"0001104659-23-057496","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2023-05-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"GBTG Q1 2023 revenue $578M (+65% YoY); Adjusted EBITDA $99M; net loss $27M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $578M, up 65% vs Q1 2022; net loss of $27M.","Adjusted EBITDA totaled $99M with a 17% margin.","Total transactions rose 61% YoY, reaching 76% of 2019 pro forma levels.","LTM SME New Wins Value reached $2.2B per annum; 95% customer retention rate.","CEO expects continued strong results in Q2 and full year 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":578000000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":322486,"accession_number":"0001104659-23-031339","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2023-03-13T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Global Business Travel Group says no cash deposits or securities at Silicon Valley Bank","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Company holds no cash deposits or securities at Silicon Valley Bank.","Statement issued on March 10, 2023 amid SVB collapse to reassure investors.","No material financial exposure to SVB failure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":322485,"accession_number":"0001104659-23-030341","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2023-03-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Amex GBT Q4 revenue $527M (+84% YoY); FY2022 Adj EBITDA $103M, ahead of guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year 2022 revenue $1.85B, Adjusted EBITDA $103M; Q4 revenue $527M, net loss ($63M).","Q4 Adjusted EBITDA $43M (8.2% margin); revenue recovery 75% of 2019 pro forma.","Total New Wins Value for 2022 $3.5B; SME new wins $2.1B; 95% customer retention.","Q4 net cash used in ops ($4)M, free cash flow ($25)M, significantly reduced cash usage."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":322484,"accession_number":"0001104659-23-029336","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2023-03-07T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Global Business Travel Group names Karen Williams as CFO, succeeding Martine Gerow","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Martine Gerow resigns as CFO; will continue through June 30, 2023 for transition.","Karen Williams, current Deputy CFO, appointed CFO effective July 1, 2023.","Williams joined GBTG from Intercontinental Hotel Group (IHG) in May 2022 as SVP Global Strategy and Planning.","Williams previously held CFO roles at IHG Global Brand and American Express Global Network Payments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":322483,"accession_number":"0001104659-23-006409","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2023-01-25T23:59:59+00:00","items":["1.01","2.05","2.03","9.01"],"status":"ready","headline":"Global Business Travel Group secures $135M additional term loans; plans $20-25M restructuring","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Entered $135M incremental term loan under existing credit agreement; proceeds for Egencia integration, SME growth, efficiencies.","Revolving credit facility maturity extended from Aug 2023 to Sep 2026; benchmark rate switched from LIBOR to SOFR.","Interest rate margins increased: tranche B-3 term loans at SOFR + 5.25%-6.75%; revolving at SOFR + 4.75%-6.25%.","Restructuring to align organization around GMN and SME portfolios; expects $20-25M pre-tax charges (mostly severance) in 2023.","Restructuring substantially complete by Q2 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":322482,"accession_number":"0001140361-23-001056","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2023-01-09T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Stockholders approve stock option exchange program at special meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Special meeting held January 6, 2023; proposal to exchange outstanding stock options for RSUs approved.","Vote results: 422,660,040 for, 1,547,747 against, 8,217,358 abstained; no broker non-votes.","Program covers certain eligible employees including executive officers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":322481,"accession_number":"0001104659-23-001402","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2023-01-05T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Global Business Travel Group appoints Andrew Crawley as President","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Andrew Crawley, previously Chief Commercial Officer, named President effective January 5, 2023.","Crawley will continue reporting to CEO Paul Abbott.","Crawley served as Chief Commercial Officer from April 2020 to January 2023.","He previously was CEO of IAG Loyalty and held senior roles at British Airways and IAG Cargo.","Crawley is also a non-executive director of Travelopia, a KKR portfolio company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":340522,"accession_number":"0001140361-22-045385","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2022-12-13T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Amex GBT Chief Revenue Officer Qualantone to retire; Ahluwalia named EVP successor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Michael Qualantone, Chief Revenue Officer, to retire after 34-year career with American Express and Amex GBT.","Transition of role to Rajiv Ahluwalia, EVP of Global Supplier Partnerships, effective January 1, 2023.","Qualantone will remain employed through June 30, 2023 to ensure smooth transition.","Separation agreement provides for continued base salary for 2 years, a $325k 2023 bonus, and healthcare coverage.","Qualantone's stock options may be exchanged for RSUs if he participates in any tender offer within 90 days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":340521,"accession_number":"0001104659-22-116831","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2022-11-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Amex GBT Q3 revenue up 147% to $488M; reiterates FY22 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $488M (+147% YoY); recovery at 72% of 2019 levels (vs 65% in Q2).","Adjusted EBITDA $41M; net loss $73M.","Full-year guidance affirmed: revenue $1.8B-$1.85B, Adj. EBITDA $90M-$100M.","New wins $4.1B in last 12 months; SME new wins $2.5B; retention 95%.","Egencia synergies: $109M expected, 70% achieved; 80% of $235M cost savings realized."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.38,"consensus_revenue_estimate":null,"consensus_revenue_actual":1324000000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":340520,"accession_number":"0001104659-22-108155","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2022-10-12T23:59:59+00:00","items":["1.01","3.03","5.07","8.01","9.01"],"status":"ready","headline":"Global Business Travel completes warrant exchange; 94.6% of public warrants tendered, all warrants eliminated by Oct 27","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["94.60% of Public Warrants (25.8M) and 100% of Private Warrants (12.2M) tendered, approving the Warrant Amendment.","Issued 10,444,363 Class A shares for tendered warrants at 0.275 shares per warrant.","Remaining untendered warrants to be exchanged at 0.2475 shares per warrant on Oct 27, 2022, eliminating all warrants.","BofA Securities served as Dealer Manager; D.F. King as Information Agent."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":340519,"accession_number":"0001104659-22-107459","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2022-10-11T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"GBTG completes warrant exchange, tenders 94.6% of public and all private warrants","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["25,768,514 public warrants (94.64%) and 12,224,134 private warrants (100%) tendered.","Holders receive 0.275 shares of Class A common stock per warrant tendered.","Settlement expected on or before October 12, 2022; all warrants will be retired.","Warrant agreement amendment approved to acquire remaining untendered warrants at 0.2475 shares each.","Transaction simplifies capital structure and increases trading float of common stock."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":340518,"accession_number":"0001104659-22-105314","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2022-10-03T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"GBTG warrant exchange offer S-4 effective; expires Oct 7; 40.56% of Public Warrants tendered","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Registration statement declared effective Oct 3, 2022; offer set to expire Oct 7 at 11:59 p.m. ET.","Each warrant tendered exchanges for 0.275 shares of Class A common stock; remaining warrants convert at 0.2475 if amendment passes.","Parties representing 40.56% of Public Warrants and 100% of Private Placement Warrants have agreed to tender and consent.","Additional ~9.44% of Public Warrants needed to approve warrant amendment; no minimum tender condition for the offer.","As of Sep 8, 2022: 39,451,067 total warrants outstanding (27,226,933 Public, 12,224,134 Private)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":357798,"accession_number":"0001104659-22-098707","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2022-09-09T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"GBTG offers 0.275 shares per warrant in exchange; 40.56% of public warrants already committed","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Exchange offer for all 39.45M outstanding warrants (27.23M public, 12.22M private) at 0.275 shares per warrant, up to 10.85M shares issued.","Expires Oct 7, 2022; holders of 40.56% of public warrants and 100% of private warrants have agreed to tender under a support agreement.","Concurrent consent solicitation to amend warrant agreement; if approved, outstanding warrants convert into 0.2475 shares (10% less than offer).","Amendment requires >50% of public warrants; with 40.56% already supporting, an additional ~9.44% needed for adoption.","After exchange, Class A shares could reach ~67.8M; all warrants eliminated, simplifying capital structure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":357797,"accession_number":"0001104659-22-089026","cik":1820872,"company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","form_type":"8-K","filed_at":"2022-08-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Amex GBT Q2 revenue up 217% to $486M, positive Adj. EBITDA $47M, raises FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $486M (+217% YoY); net loss $2M; positive Adj. EBITDA $47M.","Raised FY2022 revenue guidance to $1.8-1.85B; Adj. EBITDA guidance $90-100M.","Transaction recovery 69% of 2019 pro forma; June 2022 at 76%.","New wins value $4.2B (last 12 months); customer retention 95%.","Egencia synergies $109M; $235M cost savings >80% realized."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":836000000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4948616580.471399,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-08-11T23:59:59+00:00|357797"}