Airbnb (ABNB) director Chenault exercises 8,346 options and sells shares at $170
Rhea-AI Filing Summary
Airbnb, Inc. director Kenneth I. Chenault exercised stock options for 8,346 shares of Class A Common Stock at an exercise price of $59.91 per share and immediately sold the same 8,346 shares at $170.00 per share on August 7, 2026. The exercised stock option, which was fully vested and exercisable, now shows 0 derivative shares remaining. The sales were effected under a Rule 10b5-1 trading plan adopted on August 29, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 8,346 shares ($919K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
CHENAULT KENNETH I
Role
Director
Sold
8,346 shs ($1.42M)
Approx. gross sale proceeds
$1.42M
Approx. exercise cost
$500K
Approx. pre-tax spread
$919K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option F2 | 8,346 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 8,346 | $59.91 | $500K |
| Sale | Class A Common Stock F1 | 8,346 | $170.00 | $1.42M |
Holdings After Transaction:
Stock Option — 0 shares (Direct);
Class A Common Stock — 40,879 shares (Direct)
Footnotes (2)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 29, 2025.
- F2. The stock option is fully vested and currently exerciseable.
Key Figures
Options Exercised: 8,346 shares
Exercise Price: $59.91 per share
Shares Sold: 8,346 shares
+2 more
5 metrics
Options Exercised
8,346 shares
Stock option for Class A Common Stock exercised on August 7, 2026
Exercise Price
$59.91 per share
Conversion or exercise price of the stock option
Shares Sold
8,346 shares
Class A Common Stock sold on August 7, 2026
Sale Price
$170.00 per share
Price per share for the reported sale transaction
Option Expiration
November 27, 2028
Expiration date of the exercised stock option before exercise
Key Terms
Rule 10b5-1 trading plan, stock option, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
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.
stock option financial
"The stock option is fully vested and currently exerciseable"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Class A Common Stock financial
"underlying security title Class A Common Stock for the option"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Airbnb (ABNB) director Kenneth I. Chenault report in this Form 4?
Kenneth I. Chenault reported exercising 8,346 stock options for Class A Common Stock at $59.91 per share and selling 8,346 shares at $170.00 per share on August 7, 2026.
Was the Airbnb (ABNB) insider sale by Kenneth I. Chenault under a 10b5-1 plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on August 29, 2025, indicating the transactions were pre-arranged.
What was the exercise price of the Airbnb (ABNB) stock options exercised by Kenneth I. Chenault?
The exercised stock options covered 8,346 underlying shares of Airbnb Class A Common Stock at an exercise price of $59.91 per share, with the options fully vested and currently exercisable before exercise.
Does Kenneth I. Chenault still hold the reported Airbnb (ABNB) stock option after this Form 4?
No. After exercising the option for 8,346 shares, the filing shows 0 derivative shares remaining for that specific Airbnb stock option, which had an original expiration date of November 27, 2028.
What is the role of Kenneth I. Chenault at Airbnb (ABNB) in this insider filing?
Kenneth I. Chenault is identified as a director of Airbnb, Inc. in the Form 4. The reported transactions reflect his personal direct ownership activity in Airbnb securities as a board member.