Airbnb CEO Chesky gifts 76,500 shares after swap
The amended filing updates Airbnb’s Class A and B share holdings to reflect the same-day gift, and it reports no Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
Airbnb, Inc. (ABNB) reports that CEO and Chairman Brian Chesky converted 76,500 shares of Class B Common Stock into Class A Common Stock on August 28, 2026, then made a gift of 76,500 Class A shares the same day. Following the conversion, he held 45,582,306 Class B shares directly, with additional indirect holdings through several trusts. The amendment updates Class A and Class B holdings to reflect this gift, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
76,500 shares exercised/converted
Exercise
13 txns
Insider
Chesky Brian
Role
CEO and Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1 | 76,500 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 76,500 | -- | -- |
| Gift | Class A Common Stock | 76,500 | $0.00 | $0.00 |
| holding | Class B Common Stock F1 | -- | -- | -- |
| holding | Class B Common Stock F1 | -- | -- | -- |
| holding | Class B Common Stock F1 | -- | -- | -- |
| holding | Class B Common Stock F1 | -- | -- | -- |
| holding | Class B Common Stock F1 | -- | -- | -- |
| holding | Class B Common Stock F1 | -- | -- | -- |
| holding | Class B Common Stock F1 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 45,582,306 contracts (Direct);
Class A Common Stock — 10,501,685 shares (Direct);
Class B Common Stock — 136,131 contracts (Indirect, By 2016 Legacy Trust B);
Class B Common Stock — 63,655 contracts (Indirect, By 2016 Legacy Trust);
Class B Common Stock — 15,266 contracts (Indirect, By 2016 Long-Term Trust);
Class B Common Stock — 542,417 contracts (Indirect, By 2025 GRAT A);
Class B Common Stock — 1,055,725 contracts (Indirect, By 2025 GRAT B);
Class B Common Stock — 10,000,000 contracts (Indirect, By 2026 GRAT A);
Class B Common Stock — 5,000,000 contracts (Indirect, By 2026 GRAT B);
Class A Common Stock — 36,054 shares (Indirect, By 2019 Trust);
Class A Common Stock — 251,886 shares (Indirect, By 2019 Trust A);
Class A Common Stock — 5,854 shares (Indirect, By 2016 Legacy Trust B)
Footnotes (1)
- F1. The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis. The Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis upon the earlier of (a) any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions, (b) the date and time, or the occurrence of an event, specified by vote or written consent of the holders of at least 80% of the outstanding shares of Class B common stock at the time of such vote or consent, voting as a separate series or (c) the 20-year anniversary of the closing of the Issuer's initial public offering.
Key Figures
Class B converted to Class A: 76,500 shares
Class A shares gifted: 76,500 shares
Direct Class B holdings after transactions: 45,582,306 shares
+4 more
7 metrics
Class B converted to Class A
76,500 shares
Class B Common Stock converted into Class A on August 28, 2026
Class A shares gifted
76,500 shares
Bona fide gift of Class A Common Stock on August 28, 2026
Direct Class B holdings after transactions
45,582,306 shares
Class B Common Stock held directly by Brian Chesky after August 28, 2026 conversion
Indirect Class B via 2026 GRAT A
10,000,000 shares
Class B Common Stock held indirectly through 2026 GRAT A, convertible into the same number of Class A shares
Indirect Class B via 2026 GRAT B
5,000,000 shares
Class B Common Stock held indirectly through 2026 GRAT B, convertible into the same number of Class A shares
Indirect Class B via 2025 GRAT B
1,055,725 shares
Class B Common Stock held indirectly through 2025 GRAT B, convertible into the same number of Class A shares
Indirect Class A via 2019 Trust A
251,886 shares
Class A Common Stock held indirectly through 2019 Trust A
Key Terms
Class B Common Stock, Class A Common Stock, bona fide gift, initial public offering, +1 more
5 terms
Class B Common Stock financial
"The Class B Common Stock is convertible at any time at the option"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Class A Common Stock financial
"convertible at any time at the option of the holder into the Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
bona fide gift financial
"Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
initial public offering financial
"the 20-year anniversary of the closing of the Issuer's initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
convertible financial
"The Class B Common Stock is convertible at any time at the option"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
FAQ
What insider equity changes did ABNB CEO Brian Chesky report on August 28, 2026?
Brian Chesky reported converting 76,500 Class B shares into 76,500 Class A shares on August 28, 2026, and then making a gift of 76,500 Class A shares the same day. The amendment corrects his reported Class A and Class B holdings after this gift.
What Class A gifts by Brian Chesky are disclosed in this ABNB Form 4/A amendment?
The amendment discloses that Brian Chesky made a bona fide gift of 76,500 Class A Common shares on August 28, 2026. This followed a same-day conversion of an equal number of Class B shares into Class A shares.
Does Brian Chesky have indirect Airbnb (ABNB) holdings through trusts?
Yes. The filing lists indirect holdings of Class B shares through entities including 2016 Legacy Trust B, 2016 Legacy Trust, 2016 Long-Term Trust, 2025 GRAT A and 2025 GRAT B, and 2026 GRAT A and 2026 GRAT B, plus indirect Class A holdings through 2019 trusts.
Is there a Rule 10b5-1 trading plan associated with these ABNB insider transactions?
No. The filing indicates that these August 28, 2026 transactions were reported without being made under a Rule 10b5-1 trading plan. Their timing is therefore not described as occurring under a pre-arranged trading program.
AI-generated analysis. How Rhea-AI works. Not financial advice.