Airbnb, Inc. (NASDAQ: ABNB) CSO sells 90,479 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Airbnb, Inc. director and Chief Strategy Officer Nathan Blecharczyk, a more than ten percent owner, reported coordinated stock sales and share conversions. Through a trust, he sold 90,479 shares of Class A Common Stock in open-market transactions on June 24–25, 2026 at weighted average prices between $145.00 and $147.25. These transactions were carried out under a Rule 10b5-1 trading plan adopted on August 28, 2025.
On the same dates, the trust converted 90,479 shares of Class B Common Stock into Class A Common Stock at a $0.00 conversion price and then disposed of the resulting Class A shares. After these moves, indirect holdings shown include 14,483 Class A shares and 45,866,540 Class B shares, while direct Class A ownership is 81,631.093 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 90,479 shares ($13,190,788)
Net Sell
9 txns
Insider
Blecharczyk Nathan
Role
Chief Strategy Officer
Sold
90,479 shs ($13.19M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 2,113 | $0.00 | -- |
| Conversion | Class A Common Stock | 2,113 | $0.00 | -- |
| Sale | Class A Common Stock | 2,113 | $145.0874 | $307K |
| Conversion | Class B Common Stock | 88,366 | $0.00 | -- |
| Conversion | Class A Common Stock | 88,366 | $0.00 | -- |
| Sale | Class A Common Stock | 61,156 | $145.5577 | $8.90M |
| Sale | Class A Common Stock | 24,770 | $146.2891 | $3.62M |
| Sale | Class A Common Stock | 2,440 | $147.0947 | $359K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 45,866,540 shares (Indirect, By Trust);
Class A Common Stock — 14,483 shares (Indirect, By Trust);
Class A Common Stock — 81,631.093 shares (Direct, null)
Footnotes (1)
- 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. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 28, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $145.00 to $145.995. 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 $146.00 to $146.98. 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 $147.00 to $147.25. 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 $145.00 to $145.29. 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: 90,479 Class A shares
Sale price range: $145.00–$147.25 per share
Shares converted: 90,479 Class B to Class A
+4 more
7 metrics
Shares sold
90,479 Class A shares
Open-market sales via trust on June 24–25, 2026
Sale price range
$145.00–$147.25 per share
Weighted average prices across multiple transactions
Shares converted
90,479 Class B to Class A
Derivative conversions at $0.00 conversion price
Indirect Class B holdings
45,866,540 shares
Class B Common Stock held by trust after transactions
Indirect Class A holdings
14,483 shares
Class A Common Stock held by trust after transactions
Direct Class A holdings
81,631.093 shares
Direct Class A ownership as of June 24, 2026
Net share change
-90,479 shares
Net buy/sell shares across reported transactions
Key Terms
Rule 10b5-1 trading plan, Class B Common Stock, weighted average price, derivative security, +1 more
5 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 28, 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.
Class B Common Stock financial
"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."
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.
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.
derivative security financial
"Conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
more than ten percent owner regulatory
"is_ten_percent_owner": 1"
FAQ
What did Airbnb (ABNB) executive Nathan Blecharczyk report in this Form 4 filing?
Nathan Blecharczyk reported trust-held open-market sales of 90,479 Class A shares and related conversions of Class B into Class A stock. The filing also updates his remaining direct and indirect holdings in Airbnb, Inc. common stock.
What is notable about Airbnb (ABNB) Class B Common Stock in this filing?
The filing notes Class B Common Stock is convertible one-to-one into Class A Common Stock. It also describes automatic conversion triggers, including certain transfers, an 80% Class B holder vote, or the 20-year anniversary of Airbnb’s initial public offering.