Form 4: Airbnb Director Sells $30M in Stock Under 10b5-1 Plan

Airbnb Director and 10% Owner Joseph Gebbia sold 235,000 shares of Class A Common Stock for approximately $30.3 million under a pre-arranged trading plan.

Summary

• Joseph Gebbia, a Director and 10% Owner of Airbnb, Inc. (ABNB), executed sales of Class A Common Stock.
• A total of 235,000 shares were sold on October 27, 2025, through multiple transactions.
• The sales were conducted at weighted average prices ranging from $126.6799 to $129.1444 per share.
• The total value of the shares sold amounts to approximately $30,303,700.
• These transactions were made pursuant to a Rule 10b5-1 trading plan adopted on February 26, 2025.
• Following these transactions, Joseph Gebbia beneficially owns 468,015 shares indirectly through Sycamore Trust and 2,860 shares directly, totaling 470,875 shares.

Sentiment

Score: 5

Explanation: The filing reports a routine insider stock sale executed under a pre-arranged 10b5-1 trading plan, which is generally considered neutral as it does not typically signal new information about the company's prospects.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding Airbnb's future performance or outlook.

Industry Context

This filing is a routine disclosure of an insider stock transaction and does not provide information related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Minimal impact, as the sale was pre-scheduled under a 10b5-1 plan and does not suggest a change in the insider's view of the company's fundamentals.

Key Dates

Keywords

Airbnb, ABNB, Joseph Gebbia, Insider Trading, Stock Sale, Form 4, 10b5-1 Plan, Director, 10% Owner