secwatch.observer — SEC 8-K summary
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Issuer:     TripAdvisor, Inc. (TRIP)
CIK:        0001526520
Form:       8-K
Filed at:   2022-11-30T23:59:59+00:00
Accession:  0001193125-22-295362
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TripAdvisor CCO Kanika Soni to depart Jan 15, 2023; advisor role through Apr 1
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- Kanika Soni steps down as CCO effective Jan 15, 2023; advisor to CEO through Apr 1, 2023.
- Termination treated as without cause; receives 12 months base salary, COBRA, and accelerated vesting of time-based equity through Apr 1, 2024.
- 2022 corporate bonus paid based on actual performance at same time as other employees.
- Separation benefits conditioned on signing release and non-revocation; restrictive covenants apply.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1526520/000119312522295362/0001193125-22-295362-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1526520/000119312522295362/d422664d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-295362

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer