{"url_path":"/sec/gbtg/8-k/2026-05-12/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-12","source_url":"https://www.sec.gov/Archives/edgar/data/1820872/0001104659-26-059370-index.html","accession_number":"0001104659-26-059370","cik":"0001820872","ticker":"GBTG","issuer_name":"Global Business Travel Group, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1820872/0001104659-26-059370-index.html","primary_entity_key":"0001820872","primary_entity_name":"Global Business Travel Group, Inc."},"word_count":357,"has_tables":true,"body_markdown":"ITEM 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain\nOfficers.\n\n \n\nOn May 12, 2026, Global\nBusiness Travel Group, Inc. (the “**Company**”) announced that the employment of Mr. John David Thompson, the\nCompany’s EVP, Chief Technology Officer, will terminate on May 31, 2026 (the “**Departure Date**”). Upon Mr.\nThompson’s departure, his responsibilities will be allocated to other members of the senior leadership team.\n\n \n\nIn connection with Mr. Thompson’s\ndeparture, the Compensation Committee of the Company’s Board of Directors approved on May 6, 2026, and Mr. Thompson and the Company\nentered into on May 7, 2026, a separation and release agreement that includes a general release of claims (the “**Executive Release\nof Claims**”). Subject to Mr. Thompson’s employment through the Departure Date, his timely re-execution and non-revocation\nof the Executive Release of Claims following the Departure Date and his ongoing compliance with his existing non-competition, non-solicitation,\nconfidentiality, and related restrictive covenants, (i) Mr. Thompson is eligible to receive severance benefits under the Severance\nProtection Agreement, dated November 29, 2021, by and between GBT US LLC, a wholly owned subsidiary of the Company, and Mr. Thompson,\n(ii) Mr. Thompson’s outstanding restricted stock units and performance stock units granted under the Company’s 2022 Equity\nIncentive Plan will remain outstanding and be treated as if he remained employed through and terminated effective as of November 30, 2026\n(or such later date as may be mutually agreed by the Company and Mr. Thompson), and (iii) Mr. Thompson’s stock options granted under\nthe Company’s 2022 Equity Incentive Plan and Management Incentive Plan will be treated in accordance with the terms of such plans,\nexcept that the stock options granted to Mr. Thompson on or prior to December 2, 2021 will remain outstanding and exercisable through\nthe later of (i) the last day of the post-termination exercise period applicable to such stock option in connection with a termination\nwithout cause (as set forth in such plans) or (ii) November 30, 2026 (or such later date as may be mutually agreed by the Company and\nMr. Thompson), unless earlier settled or forfeited in accordance with their terms."}