[Form 4] Airbnb, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Aristotle N. Balogh, Chief Technology Officer of Airbnb, Inc. (ABNB), reported a sale of Class A common stock. On 09/25/2025 he disposed of 600 shares at a price of $122.91 per share, leaving 199,005.973 shares beneficially owned following the transaction. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on 02/27/2025. The Form 4 was filed as a single reporting person submission and was signed by an attorney-in-fact on 09/29/2025.

Insights

Securities Analyst

TL;DR: Routine, small-scale insider sale executed under a 10b5-1 plan; unlikely to be material to ABNB valuation.

The reported disposition of 600 Class A shares at $122.91 represents a modest, individual-level sale against a remaining beneficial position of 199,005.973 shares. The filing explicitly states the trades were made pursuant to a Rule 10b5-1 plan adopted 02/27/2025, indicating a prearranged schedule rather than opportunistic timing. Because the transaction size is small relative to the reported holdings, it is unlikely to signal a change in the officer's long-term view or to move market pricing.

Corporate Governance Expert

TL;DR: Compliance-oriented disclosure; proper use of 10b5-1 and timely Form 4 filing reduce governance concerns.

The Form 4 documents timely reporting and a clear explanatory note that the sale was executed under a Rule 10b5-1 plan adopted 02/27/2025. The filing includes required signatures and indicates a single reporting person submission. From a governance perspective, this demonstrates adherence to insider trading policies and SEC reporting obligations. No other changes to beneficial ownership form or indirect ownership are disclosed.

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

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

1. Name and Address of Reporting Person^*

BALOGH ARISTOTLE N

(Last) (First) (Middle)

888 BRANNAN STREET

(Street)

SAN FRANCISCO CA 94103

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/25/2025

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/25/2025		S(1)		600	D	$122.91	199,005.973	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on February 27, 2025.

	/s/ Brian Savage, Attorney-in-fact	09/29/2025
	** 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.

FAQ

What did Aristotle N. Balogh (ABNB) report on Form 4?

He reported the sale of 600 Class A shares of Airbnb at $122.91 per share on 09/25/2025.

How many Airbnb shares does the reporting person own after the transaction?

The filing shows 199,005.973 shares beneficially owned following the reported sale.

Was the sale part of a prearranged trading plan for ABNB insiders?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on 02/27/2025.

When was the Form 4 signed and filed for this ABNB transaction?

The Form 4 includes a signature by an attorney-in-fact dated 09/29/2025 and reports the transaction date as 09/25/2025.

What role does Aristotle N. Balogh hold at Airbnb?

The filing identifies him as Chief Technology Officer and an officer of Airbnb, Inc.