v3.25.1
Stock Based Awards - Summary of RSU Activity (Details) - Restricted Stock Units
$ / shares in Units, $ in Millions
 3 Months Ended
Mar. 31, 2025
USD ($)
$ / shares
shares
RSUs outstanding  
Unvested outstanding, Beginning balance | shares 11,605,000
Unvested RSUs, Granted | shares 6,284,000
Unvested RSUs, Vested and released | shares (1,937,000) [1]
Unvested Shares, Canceled | shares (669,000)
Unvested outstanding, Ending balance | shares 15,283,000 [2]
Weighted Average Grant-Date Fair Value Per Share  
Unvested outstanding, Weighted Average Grant-Date Fair Value Per Share, Beginning balance | $ / shares $ 23.47
Weighted Average Grant-Date Fair Value Per Share, Granted | $ / shares 14.95
Weighted Average Grant-Date Fair Value Per Share, Vested and released | $ / shares 26.2 [1]
Weighted Average Grant-Date Fair Value Per Share, Canceled | $ / shares 23.2
Unvested outstanding, Weighted Average Grant-Date Fair Value Per Share, Ending balance | $ / shares $ 19.64
Aggregate Intrinsic Value  
Unvested RSUs outstanding, Aggregate Intrinsic Value | $ $ 217
[1] Inclusive of approximately 434,000 RSUs withheld due to net share settlement to satisfy required employee tax withholding requirements. Shares which could have been issued in connection with the vesting of RSUs but were instead withheld under net share settlement remain in the authorized but unissued pool under the Tripadvisor, Inc. 2023 Stock and Annual Incentive Plan (the “2023 Plan”) and can be reissued by the Company under the 2023 Plan. Total payments for the employees’ tax obligations to the taxing authorities due to net share settlements are reflected as a financing activity within the consolidated statements of cash flows.
[2] The Company accounts for forfeitures as they occur, rather than estimate expected forfeitures as allowed under GAAP and therefore does not include a forfeiture rate in our vested and expected to vest calculation unless necessary for a performance condition award.