ABNB insider sale: 107,693 Class A founder shares to be sold (~$14M)

Rhea-AI Filing Summary

Airbnb, Inc. (ABNB) Form 144 notifies a planned sale of 107,693 Class A shares held as founder's shares, acquired on 07/13/2008 as compensation. The sale is to be executed through Fidelity Brokerage Services LLC with an approximate sale date of 08/29/2025 on NASDAQ, and an aggregate market value listed at $14,004,450.84. The filing shows 429,079,558 Class A shares outstanding, and discloses a recent sale by Nathan Blecharczyk of 2,246 shares on 08/20/2025 for $281,199.20. The filer represents compliance with Rule 144 and affirms no undisclosed material adverse information or, if applicable, reliance on a 10b5-1 plan.

Positive

• Regulatory compliance: Filing follows Rule 144 procedures and discloses broker, amounts, and acquisition history
• Small relative size: 107,693 shares represent approximately 0.025% of Class A outstanding, implying limited market impact

Negative

• None.

Insights

Securities Analyst

TL;DR Routine insider sale: founder shares being sold, compliance filings in place; limited market impact given small percentage of float.

The notice documents an intended sale of 107,693 Class A shares valued at about $14.0 million through an institutional broker on NASDAQ. Because these are founder's shares acquired in 2008 and the filing follows Rule 144 procedures, the transaction appears structured to meet resale conditions. Relative to total outstanding Class A shares (429 million), the planned sale represents roughly 0.025% of outstanding shares, suggesting limited dilution or market impact. The filing also records a recent sale of 2,246 shares by Nathan Blecharczyk.

Corporate Governance Expert

TL;DR Governance-wise this is a standard disclosure of an insider sale with required certifications; no governance red flags in the notice itself.

The Form 144 includes the standard attestation that the seller is unaware of undisclosed material adverse information and references potential reliance on a 10b5-1 plan. The use of a major broker and the explicit acquisition history (founder's shares, 07/13/2008) are consistent with orderly resale practices. The document lacks any indication of unusual restrictions, exemptions, or contemporaneous material disclosures, so it reads as routine from a governance and compliance perspective.

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	107693	14004450.84	429079558	08/29/2025	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	Founder's Shares	Issuer			107693	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

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)