EX-99.1 2 d75487dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Tripadvisor Issues Statement on Engagement with Starboard Value NEEDHAM, Mass, February 17, 2026 - Tripadvisor, Inc. (NASDAQ: TRIP) today issued the following statement regarding the announcement by Starboard Value that it intends to nominate a slate of director candidates for election to the Tripadvisor Board of Directors at its 2026 Annual Meeting of Stockholders. Tripadvisor’s Board and management team regularly engage with investors and welcome constructive input that furthers the common goal of enhancing value for all shareholders. To this end, members of Tripadvisor’s Board and management team have held numerous discussions with Starboard to listen to their views. Management and the Board are focused on pursuing all avenues to drive value for shareholders. In November 2025, the Company realigned its operating model around its leadership position in Experiences and committed to the simplification of its legacy business, including by announcing a significant cost reduction program. The Company has also been transparent about its willingness to drive value through the review of its portfolio including in its third …
Open exhibit ↗Current Report · Items 7.01, 9.01 · 8-K
TripAdvisor, Inc.
TRIPNASDAQEQUITYCurrent
Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On February 17, 2026, Tripadvisor, Inc. (the “Company”) issued a press release in response to public statements made by Starboard Value LP. The full text of this press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference. Pursuant to General Instruction B.2.…
Company context
The Tripadvisor Group connects people to experiences worth sharing, and aims to be the world’s most trusted source for travel and experiences. We leverage our brands, technology, and capabilities to connect our global audience with partners through rich content, travel guidance, and two-sided marketplaces for experiences, restaurants, and other travel categories such as hotels. The subsidiaries of Tripadvisor, Inc. (Nasdaq: TRIP), include a portfolio of travel brands and businesses, including Tripadvisor, Viator, and TheFork.