What does the Form 4 say about price ranges for the Airbnb (ABNB) share sales?

Each line’s reported price is a weighted average, with underlying trades across ranges. The footnotes cite price bands from $140.4273 to $140.9899, $141.00 to $141.9928, $142.00 to $142.9945, and $143.00 to $143.87, and offer to provide full breakdowns on request.

Airbnb (ABNB) insider sales: Sycamore Trust offloads 58,000 shares under plan

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

Airbnb, Inc. director and ten percent owner Joseph Gebbia reported open-market sales of Class A Common Stock carried out by an affiliated entity, Sycamore Trust. On April 20, 2026, Sycamore Trust sold a total of 58,000 shares in several transactions at weighted average prices ranging from about $140.77 to $143.36 per share. Following these sales, Sycamore Trust held 166,736 Class A shares indirectly, while Gebbia also held 2,860 Class A shares directly. The filing notes these sales were executed under a Rule 10b5-1 trading plan adopted on August 29, 2025, indicating they were pre-arranged rather than discretionary trades.

Insider Trade Summary 10b5-1

Net Seller: 58,000 shares ($8,270,238)

Net Sell 5 txns

Insider Gebbia Joseph

Role null

Sold 58,000 shs ($8.27M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	3,279	$140.7728	$462K
Sale	Class A Common Stock	7,673	$141.5838	$1.09M
Sale	Class A Common Stock	25,838	$142.4883	$3.68M
Sale	Class A Common Stock	21,210	$143.3597	$3.04M
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 166,736 shares (Indirect, By Sycamore Trust); Class A Common Stock — 2,860 shares (Direct, null)

Footnotes (1)

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 29, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $140.4273 to $140.9899. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $141.00 to $141.9928. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $142.00 to $142.9945. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $143.00 to $143.87. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Key Figures

Shares sold: 58,000 shares Post-sale indirect holdings: 166,736 shares Direct holdings: 2,860 shares +3 more

6 metrics

Shares sold 58,000 shares Total Class A shares sold on April 20, 2026 by Sycamore Trust

Post-sale indirect holdings 166,736 shares Class A shares held indirectly by Sycamore Trust after transactions

Direct holdings 2,860 shares Class A shares held directly by Joseph Gebbia after transactions

Weighted average sale price (largest block) $143.3597 per share 21,210-share sale of Class A stock

Weighted average sale price (additional block) $142.4883 per share 25,838-share sale of Class A stock

Trading plan adoption date August 29, 2025 Rule 10b5-1 trading plan governing reported sales

Key Terms

Rule 10b5-1 trading plan, weighted average price, open-market sale, indirect ownership

4 terms

Rule 10b5-1 trading plan regulatory

"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 29, 2025."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

indirect ownership financial

"direct_or_indirect: I, nature_of_ownership: By Sycamore Trust"

Form 4 Insider Transactions: What Each Field Means →

04/22/2026 - 04:30 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gebbia Joseph

(Last)

(First)

(Middle)

888 BRANNAN STREET

(Street)

SAN FRANCISCO

CALIFORNIA

94103

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Airbnb, Inc. [ ABNB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	04/20/2026		S⁽¹⁾		3,279	D	$140.7728⁽²⁾	166,736	I	By Sycamore Trust
Class A Common Stock	04/20/2026		S⁽¹⁾		7,673	D	$141.5838⁽³⁾	159,063	I	By Sycamore Trust
Class A Common Stock	04/20/2026		S⁽¹⁾		25,838	D	$142.4883⁽⁴⁾	133,225	I	By Sycamore Trust
Class A Common Stock	04/20/2026		S⁽¹⁾		21,210	D	$143.3597⁽⁵⁾	112,015	I	By Sycamore Trust
Class A Common Stock								2,860	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 29, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $140.4273 to $140.9899. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $141.00 to $141.9928. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $142.00 to $142.9945. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $143.00 to $143.87. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

	/s/ Brian Savage, Attorney-in-fact	04/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Airbnb (ABNB) disclose for Joseph Gebbia?

Airbnb reported that an entity associated with director and ten percent owner Joseph Gebbia, Sycamore Trust, sold 58,000 shares of Class A Common Stock. These were open-market sales executed on April 20, 2026, at weighted average prices around the low $140s per share.

How many Airbnb (ABNB) shares did Sycamore Trust sell and at what prices?

Sycamore Trust sold 58,000 Airbnb Class A shares across multiple open-market transactions. Weighted average prices for these trades ranged from about $140.77 to $143.36 per share, with detailed price ranges for each tranche described as spanning from roughly $140.43 to $143.87.

How many Airbnb (ABNB) shares does Sycamore Trust hold after the reported sales?

After the April 20, 2026 transactions, Sycamore Trust held 166,736 Airbnb Class A Common shares indirectly. This post-transaction figure reflects the remaining position reported in the Form 4, separate from Gebbia’s directly held 2,860 Class A shares.

Did Joseph Gebbia personally sell Airbnb (ABNB) shares in this Form 4?

The reported sales were made by Sycamore Trust, an entity associated with Joseph Gebbia, rather than by him directly. The filing classifies these holdings as indirect, while Gebbia separately holds 2,860 Airbnb Class A shares directly after the reported transactions.

Were the Airbnb (ABNB) insider sales made under a Rule 10b5-1 trading plan?

Yes. The Form 4 states the sales were executed under a Rule 10b5-1 trading plan adopted on August 29, 2025. Such plans pre-schedule trades, indicating these transactions were arranged in advance rather than being opportunistic market-timing decisions.