---
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"
generated_at: "2026-06-15T12:45:16.774869+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Tripadvisor enters agreement to sell TheFork to American Express for $700 million

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-270351
- JSON: https://secwatch.observer/filing/0001193125-26-270351.json
- Plain text: https://secwatch.observer/filing/0001193125-26-270351.txt

## Key facts
- Material Agreements
  TripAdvisor, Inc. entered into Put Option Agreement with American Express Travel Related Services Company, Inc. valued at $700 million (effective 2026-06-14).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: American Express Travel Related Services Company, Inc.
  - Value: $700 million
  - Effective: 2026-06-14
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1526520/000119312526270351/0001193125-26-270351-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.