# EDGAR Filing Document

**Accession Number:** 0001133311
**File Stem:** 0001628280-25-037950
**Filing Date:** 2025-8
**Character Count:** 9620
**Document Hash:** c89e7aad275404d95902e22bfe772382
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-25-037950.hdr.sgml**: 20250805

**ACCESSION NUMBER**: 0001628280-25-037950

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250801

**FILED AS OF DATE**: 20250805

**DATE AS OF CHANGE**: 20250805

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** BARTEL RALPH
- **CENTRAL INDEX KEY:** 0001221280

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-50171
- **FILM NUMBER:** 251186261

**MAIL ADDRESS:**
- **STREET 1:** CASELLA POSTALE 823
- **CITY:** 6612 ASCONA
- **STATE:** V8
- **ZIP:** 6612
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Ralph Bartel 2005 Trust
- **CENTRAL INDEX KEY:** 0001349156

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** MO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-50171
- **FILM NUMBER:** 251186260

**BUSINESS ADDRESS:**
- **STREET 1:** C/O FEDELTA TRUST LIMITED
- **STREET 2:** 29/31 ATHOL STREET, OMAR HOUSE BLDG
- **CITY:** ISLE OF MAN
- **STATE:** X0
- **ZIP:** 1M11LB
- **BUSINESS PHONE:** 44-0-1624-622331

**MAIL ADDRESS:**
- **STREET 1:** C/O FEDELTA TRUST LIMITED
- **STREET 2:** 29/31 ATHOL STREET, OMAR HOUSE BLDG
- **CITY:** ISLE OF MAN
- **STATE:** X0
- **ZIP:** 1M11LB
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** AZZURRO CAPITAL INC
- **CENTRAL INDEX KEY:** 0001349132

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-50171
- **FILM NUMBER:** 251186262

**BUSINESS ADDRESS:**
- **STREET 1:** C/O MOORE STEPHENS
- **STREET 2:** PO BOX 743, SUITE 5
- **CITY:** WATERGARDENS 4
- **STATE:** J1
- **ZIP:** GX11 1AA
- **BUSINESS PHONE:** 350 20074518

**MAIL ADDRESS:**
- **STREET 1:** C/O MOORE STEPHENS
- **STREET 2:** PO BOX 743, SUITE 5
- **CITY:** WATERGARDENS 4
- **STATE:** J1
- **ZIP:** GX11 1AA

**FORMER NAME:**
- **FORMER CONFORMED NAME:** TZOO INC
- **DATE OF NAME CHANGE:** 20060109

**FORMER NAME:**
- **FORMER CONFORMED NAME:** TZ00 INC
- **DATE OF NAME CHANGE:** 20060106
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRAVELZOO
- **CENTRAL INDEX KEY:** 0001133311
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-ADVERTISING [7310]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 364415727
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 590 MADISON AVENUE
- **STREET 2:** 35TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 2124844900

**MAIL ADDRESS:**
- **STREET 1:** 590 MADISON AVENUE
- **STREET 2:** 35TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRAVELZOO INC
- **DATE OF NAME CHANGE:** 20010126

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>AZZURRO CAPITAL INC<br><sub>(Last) (First) (Middle)</sub><br>C/O SOVEREIGN MANAGEMENT LIMITED<br>P.O. BOX 564 SOVEREIGN PLACE<br><sub>(Street)</sub><br>GIBRALTAR, J1 GX11 1AA<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-08-01 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>TRAVELZOO [ TZOO ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>BARTEL RALPH<br><sub>(Last) (First) (Middle)</sub><br>CASELLA POSTALE 823<br><sub>(Street)</sub><br>6612 ASCONA, V8 6612<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-08-01 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>TRAVELZOO [ TZOO ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Ralph Bartel 2005 Trust<br><sub>(Last) (First) (Middle)</sub><br>C/O FEDELTA TRUSTEES (IOM) LIMITED<br>20 HILL STREET, 2ND FLOOR, DOUGLAS<br><sub>(Street)</sub><br>DOUGLAS, ISLE OF MAN, Y8 IM1 1EU<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-08-01 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>TRAVELZOO [ TZOO ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2025-08-01 |  | S |  | 6300 | D | 9.59<sup>(1)(2)</sup> | 3991396<sup>(3)</sup> | I<sup>(4)</sup> | Shares sold were directly owned by Azzurro Capital Inc. |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) Sale prices for the shares sold ranged from $9.52 to $9.61 per share.

(2) 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.

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

(4) Indirect ownership applies to Ralph Bartel and the Ralph Bartel 2005 Trust.

**Signature:** Ralph Bartel, Authorized Signatory  
**Date:** 2025-06-30

**Signature:** Ralph Bartel  
**Date:** 2025-06-30

**Signature:** Ralph Bartel, Authorized Signatory.  
**Date:** 2025-06-30

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**