Form 4: Airbnb Executive David C. Bernstein Reports Stock Disposal
SEC Form 4 Filing
Chief Accounting Officer of Airbnb, David C. Bernstein, disposed of 978 shares of Class A Common Stock on May 20, 2024, to cover tax obligations.
Summary
- David C. Bernstein, Chief Accounting Officer of Airbnb, filed a Form 4 on May 22, 2024, reporting a change in beneficial ownership of Airbnb stock.
- On May 20, 2024, Bernstein disposed of 978 shares of Class A Common Stock at a price of $145.66 per share.
- This transaction was related to covering tax obligations.
- Following the transaction, Bernstein directly owns 47,043 shares of Airbnb Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction by an executive. It doesn't inherently convey positive or negative sentiment, as it's a factual report.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a stock disposal by a key executive, which is a common occurrence for tax planning or diversification purposes.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a routine disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of stock disposal transaction |
| 05/22/2024 | Date of Form 4 filing |
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