v3.26.1
Stock Based Awards - Summary of RSU Activity (Details) - Restricted Stock Units - USD ($)
$ / shares in Units, $ in Millions
6 Months Ended
Jun. 30, 2026
RSUs outstanding  
Unvested outstanding, Beginning balance 10,348,000
Unvested RSUs, Granted [1] 4,459,000
Unvested RSUs, Vested and released [2] (3,119,000)
Unvested Shares, Canceled (1,224,000)
Unvested outstanding, Ending balance 10,464,000
Weighted Average Grant-Date Fair Value Per Share  
Unvested outstanding, Weighted Average Grant-Date Fair Value Per Share, Beginning balance $ 18.43
Weighted Average Grant-Date Fair Value Per Share, Granted [1] 10.33
Weighted Average Grant-Date Fair Value Per Share, Vested and released [2] 18.42
Weighted Average Grant-Date Fair Value Per Share, Canceled 16.75
Unvested outstanding, Weighted Average Grant-Date Fair Value Per Share, Ending balance $ 15.14
Aggregate Intrinsic Value  
Unvested RSUs outstanding, Aggregate Intrinsic Value $ 143.5
[1] Inclusive of approximately 89,000 DSUs and 36,000 RSAs granted to certain non-employee directors during the second quarter of 2026. Each DSU represents the right to receive one share of the Company’s common stock upon vesting. The DSUs shall vest one year after the grant date. However, settlement of the shares represented by DSUs that vest will occur on January 15th of the calendar year immediately following the year in which the director experiences a "separation of service" as defined in Section 409A of the Internal Revenue Code of 1986. Each RSA represents an award of one share of the Company’s common stock subject to a one-year service-based vesting condition. Prior to vesting, the director is entitled to receive dividends, which are accrued, but forfeitable, and paid only upon vesting of the underlying award.
[2] Inclusive of approximately 670,000 shares of common stock withheld in connection with RSUs vesting 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. 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 statement of cash flows.