Airbnb Tech Leader's $840K Stock Sales Signal Ongoing Insider Trading Pattern
Rhea-AI Filing Summary
Airbnb insider Aristotle Balogh filed Form 144 indicating intent to sell 600 Class A shares with an aggregate market value of $78,198 through Fidelity Brokerage Services. The planned sale is scheduled for June 26, 2025 on NASDAQ.
The shares were acquired through restricted stock vesting on May 19, 2025 as part of compensation. The filing reveals significant recent selling activity by Balogh over the past 3 months, including:
- 5 separate sales of 700 shares each in April 2025
- 1,475 shares sold on May 29, 2025 for $191,750
- 3 sales of 600 shares each in June 2025
Total recent dispositions amount to 6,775 shares with approximate gross proceeds of $840,162. The planned sale represents a small fraction of Airbnb's 431.6 million outstanding shares.
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