Form 4: Airbnb CTO Aristotle Balogh Reports Stock Transactions
SEC Form 4 Filing
Airbnb's Chief Technology Officer, Aristotle Balogh, reports the acquisition and disposal of Class A Common Stock, including transactions made under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On August 19, 2024, Aristotle Balogh, the Chief Technology Officer of Airbnb, Inc., had 6,330 Class A Common Stock withheld for taxes at a price of $116.31 per share.
- Following this transaction, Mr. Balogh directly owned 198,844 shares of Class A Common Stock.
- On August 20, 2024, Mr. Balogh sold 600 shares of Class A Common Stock at a price of $118.94 per share.
- After the sale, Mr. Balogh directly owned 198,244 shares of Class A Common Stock.
- The sales reported were executed under a Rule 10b5-1 trading plan adopted on November 29, 2023.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider trading activities.
Key Dates
| Date | Description |
|---|---|
| November 29, 2023 | Date of adoption of Rule 10b5-1 trading plan |
| August 19, 2024 | Date of tax withholding of 6,330 Class A Common Stock |
| August 20, 2024 | Date of sale of 600 Class A Common Stock |
| August 21, 2024 | Date of signature on the Form 4 filing |
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