ABNB insider sales: 125,326 shares sold recently for $16.2M; 11,540 shares planned

Rhea-AI Filing Summary

Airbnb, Inc. (ABNB) Form 144 notice shows proposed and recent sales of Class A common stock by Nathan Blecharczyk and related trusts. The filer intends to sell 11,540 Class A shares with an aggregate market value of $1,406,033.60 on or about 09/26/2025 via Fidelity Brokerage Services on NASDAQ. The filing records prior sales during the past three months totaling 125,326 Class A shares for aggregate gross proceeds of $16,205,103.11 across multiple transactions dated 08/20/2025 to 09/12/2025. The shares to be sold were originally acquired as Founders Shares on 07/13/2008 and the reported nature of payment is Compensation. The form includes the required representation that the seller is not aware of undisclosed material adverse information.

Positive

• Disclosure completeness: The filer provides specific details on shares, broker, dates, and gross proceeds, meeting Rule 144 requirements
• Prior liquidity documented: Recent sales in the past three months generated $16,205,103.11 in gross proceeds, which is fully reported

Negative

• Insider selling: Nathan Blecharczyk and related trusts sold a combined 125,326 Class A shares in the past three months, which could be viewed negatively by some investors
• No 10b5-1 plan date provided: The filing does not indicate a Rule 10b5-1 plan adoption date for the planned sale

Insights

Securities Analyst

TL;DR: Insider and related trusts disclosed planned and recent sizable Class A share sales totaling 125,326 shares and $16.2M in proceeds.

The Form 144 is a routine disclosure of proposed sales under Rule 144 by an insider (founder) and related trusts. The filing specifies a planned sale of 11,540 shares valued at $1.41M and documents prior sales over the preceding three months totaling 125,326 shares for $16.21M. These amounts describe liquidity events for the insider and trusts rather than company cash flows. No information in the filing indicates any undisclosed material operational or financial issues at Airbnb. For investors, the filing provides transparency about insider selling but contains no new company financial metrics or forward-looking statements.

Corporate Governance Expert

TL;DR: This is a standard Rule 144 notice documenting founder-origin shares sold through brokerage and trusts; disclosure appears complete.

The document lists the origin of the shares as founders' shares dated 07/13/2008 and records the sales through identifiable brokerage and trust accounts. The seller attests to the absence of undisclosed material adverse information as required. The presence of multiple trust entities and staggered sales is consistent with estate or liquidity planning. The filing does not disclose any trading plan adoption date under Rule 10b5-1, and no additional governance events or departures are reported.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	11540	1406033.60	429079558	09/26/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	07/13/2008	Founders Shares	Issuer			11540	07/13/2008	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Nathan Blecharczyk 888 Brannan Street San Francisco CA 94103	Class A	08/20/2025	2246	281199.20
Nathan Blecharczyk 2020 Remainder Trust 888 Brannan Street San Francisco CA 94103	Class A	08/29/2025	107693	14004450.84
Nathan Blecharczyk 2015 Grat Remainder Trust 888 Brannan Street San Francisco CA 94103	Class A	08/29/2025	3847	500148.47
Nathan Blecharczyk 2020 Remainder Trust 888 Brannan Street San Francisco CA 94103	Class A	09/12/2025	7693	946162.07
Nathan Blecharczyk 2015 Grat Remainder Trust 888 Brannan Street San Francisco CA 94103	Class A	09/12/2025	3847	473142.53

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Airbnb (ABNB) Form 144 disclose about planned sales?

The Form 144 discloses a proposed sale of 11,540 Class A shares valued at $1,406,033.60, expected on 09/26/2025, through Fidelity on NASDAQ.

How many shares did Nathan Blecharczyk and related trusts sell recently?

The filing reports recent sales totaling 125,326 Class A shares between 08/20/2025 and 09/12/2025.

What were the gross proceeds from the recent insider sales?

Gross proceeds from the documented sales over the past three months total $16,205,103.11.

What is the origin of the shares being sold?

The shares to be sold were acquired as Founders Shares on 07/13/2008; the nature of payment is listed as Compensation.

Does the Form 144 state the seller knows of undisclosed material information?

By signing, the person represents they do not know any material adverse information about the issuer that has not been publicly disclosed.