AZZURRO CAPITAL INC - 22 Dec 2025 Form 4 Insider Report for TRAVELZOO (TZOO)

Reporting relationship: 10%+ Owner
Issuer ticker: TZOO
Reported as of: 22 Dec 2025
Net transaction value: -$578,300
SEC form: 4
Accepted by SEC: 29 Dec 2025, 09:15:16 UTC
Prior SEC filing: 15 Dec 2025
Source filing: View source filing
Reporting owner signature: Ralph Bartel, Authorized Signatory

Key filing fact

AZZURRO CAPITAL INC filed Form 4 for TRAVELZOO (TZOO) on 29 Dec 2025.

Key facts

This page summarizes AZZURRO CAPITAL INC's Form 4 filing for TRAVELZOO (TZOO).
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 29 Dec 2025, 09:15.

Change

Previous filing in this sequence was filed on 15 Dec 2025.
Current net transaction value: -$578,300.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (3)

CIK 0001349132 Primary reporting owner

AZZURRO CAPITAL INC

Relationship: 10%+ Owner
Address: C/O SOVEREIGN MANAGEMENT LIMITED, P.O. BOX 564 SOVEREIGN PLACE, GIBRALTAR, GIBRALTAR
Signature: Ralph Bartel, Authorized Signatory
Signature date: 29 Dec 2025

CIK 0001221280

BARTEL RALPH

Relationship: 10%+ Owner
Address: CASELLA POSTALE 823, 6612 ASCONA, SWITZERLAND
Signature: Ralph Bartel
Signature date: 29 Dec 2025

CIK 0001349156

Ralph Bartel 2005 Trust

Relationship: 10%+ Owner
Address: C/O FEDELTA TRUSTEES (IOM) LIMITED, 20 HILL STREET, 2ND FLOOR, DOUGLAS, DOUGLAS, ISLE OF MAN, ISLE OF MAN
Signature: Ralph Bartel, Authorized Signatory.
Signature date: 29 Dec 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TZOO transaction

Common Stock

Sale

Transaction value: $159,300
Shares: -22,500
Change %: -0.6%
Price: $7.08
Shares after: 3,722,696
Date: 22 Dec 2025
Ownership: Shares sold were directly owned by Azzurro Capital Inc.
Footnotes: F1, F2, F3, F4

TZOO transaction

Common Stock

Sale

Transaction value: $140,200
Shares: -20,000
Change %: -0.54%
Price: $7.01
Shares after: 3,702,696
Date: 23 Dec 2025
Ownership: Shares sold were directly owned by Azzurro Capital Inc.
Footnotes: F2, F3, F4, F5

TZOO transaction

Common Stock

Sale

Transaction value: $278,800
Shares: -40,000
Change %: -1.1%
Price: $6.97
Shares after: 3,662,696
Date: 26 Dec 2025
Ownership: Shares sold were directly owned by Azzurro Capital Inc.
Footnotes: F2, F3, F4, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Sale prices for the shares sold ranged from $7.05 to $7.11 per share.

Footnote F2

The reporting person undertakes to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each price.

Footnote F3

The "Amount of Securities Beneficially Owned Following Reported Transaction(s)" represents shares held by Azzurro Capital Inc.

Footnote F4

Indirect ownership applies to Ralph Bartel and the Ralph Bartel 2005 Trust.

Footnote F5

Sale prices for the shares sold ranged from $7.00 to $7.04 per share.

Footnote F6

Sale prices for the shares sold ranged from $6.91 to $7.04 per share.