{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-270351","form_type":"8-K","ticker":"TRIP","cik":"0001526520","company_name":"TripAdvisor, Inc.","filed_at":"2026-06-15T12:40:31+00:00","discovered_at":"2026-06-15T12:45:01.419704+00:00","generated_at":"2026-06-15T12:45:16.774869+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Tripadvisor enters agreement to sell TheFork to American Express for $700 million","bullets":["All-cash sale of European restaurant platform TheFork for $700M; buyer is American Express.","Transaction expected to close by end of 2026, subject to French works council consultation and regulatory approvals.","TheFork's LTM revenue $232M and segment adjusted EBITDA $28M as of Q1 2026.","Proceeds expected to fund share repurchases, debt paydown, or inorganic investment in experiences.","Tripadvisor CEO Matt Goldberg says deal enables greater focus on Experiences strategy."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-270351","json":"https://secwatch.observer/filing/0001193125-26-270351.json","markdown":"https://secwatch.observer/filing/0001193125-26-270351.md","text":"https://secwatch.observer/filing/0001193125-26-270351.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1526520/000119312526270351/0001193125-26-270351-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1526520/000119312526270351/d156418d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T12:45:16.774869+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8fc4e82eb122e63f63d16b2ea0d19ac1659ae929","claim":"TripAdvisor, Inc. entered into Put Option Agreement with American Express Travel Related Services Company, Inc. valued at $700 million (effective 2026-06-14).","evidence_excerpt":"On June 14, 2026, TripAdvisor, Inc., a Nevada corporation (the “ Company ”), entered into a put option agreement (the “ Put Option Agreement ”) with American Express Travel Related Services Company, Inc., a New York corporation (“ Buyer ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1526520/000119312526270351/0001193125-26-270351-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"American Express Travel Related Services Company, Inc."},{"label":"Value","value":"$700 million"},{"label":"Effective","value":"2026-06-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}