Airbnb: Blecharczyk’s trust sells 115K shares
The gift and sales were under a Rule 10b5-1 trading plan adopted August 28, 2025.
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Form Type
4
Rhea-AI Filing Summary
Airbnb, Inc. (ABNB) reported transactions by Nathan Blecharczyk, its Chief Strategy Officer, director and ten percent owner, involving shares held indirectly by a trust. The trust converted 100,889 Class B shares into Class A on November 6, 2026, and 17,702 on November 9, each on a one-to-one basis. It gave 4,077 Class A shares and sold 114,514 Class A shares in seven transactions across those dates.
On November 6, the sales were 69,413 shares at a weighted average price of $190.6145 and 31,476 at $191.3010. On November 9, the sales were 4,900 shares at $192.5735, 303 at $193.3247, 1,100 at $194.6355, 6,368 at $195.4979 and 954 at $196.0707; these prices were weighted averages. The gift and sales were effected under a Rule 10b5-1 trading plan adopted August 28, 2025. A separate direct holding entry lists 74,808 Class A shares on November 6, 2026.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
12 txns
Insider
Blecharczyk Nathan
Role
Chief Strategy Officer
Sold
114,514 shs ($21.90M)
Approx. gross sale proceeds
$21.90M
Share of Position Sold
84.8%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1 | 17,702 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 17,702 | -- | -- |
| Gift | Class A Common Stock F2 | 4,077 | $0.00 | $0.00 |
| Sale | Class A Common Stock F2, F5 | 4,900 | $192.5735 | $944K |
| Sale | Class A Common Stock F2, F6 | 303 | $193.3247 | $59K |
| Sale | Class A Common Stock F2, F7 | 1,100 | $194.6355 | $214K |
| Sale | Class A Common Stock F2, F8 | 6,368 | $195.4979 | $1.24M |
| Sale | Class A Common Stock F2, F9 | 954 | $196.0707 | $187K |
| Conversion | Class B Common Stock F1 | 100,889 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 100,889 | -- | -- |
| Sale | Class A Common Stock F2, F3 | 69,413 | $190.6145 | $13.23M |
| Sale | Class A Common Stock F2, F4 | 31,476 | $191.301 | $6.02M |
| Holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 44,212,497 shares (Indirect, By Trust);
Class A Common Stock — 20,567 shares (Indirect, By Trust);
Class A Common Stock — 74,808.445 shares (Direct)
Holdings Before and After:
Class B Common Stock, 44,331,088 to 44,212,497 shares (Indirect, By Trust);
Class A Common Stock, 20,567 to 20,567 shares (Indirect, By Trust)
Other Insiders: 1 other insider reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (9)
- 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.
- F2. The gift and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 28, 2025.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $190.00 to $190.99. 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.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $191.00 to $191.98. 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.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $192.27 to $192.81. 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.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $193.295 to $193.34. 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.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $194.61 to $194.89. 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.
- F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $195.00 to $195.99. 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.
- F9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $196.005 to $196.42. 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
Class A shares sold: 114,514 shares
November 6 sales: 69,413 shares at a weighted average price of $190.6145; 31,476 shares at $191.3010
November 9 sales: 4,900 shares at a weighted average price of $192.5735; 303 at $193.3247; 1,100 at $194.6355; 6,368 at $195.4979; 954 at $196.0707
+4 more
7 metrics
Class A shares sold
114,514 shares
Seven reported sales on November 6 and November 9, 2026
November 6 sales
69,413 shares at a weighted average price of $190.6145; 31,476 shares at $191.3010
Class A shares sold on November 6, 2026
November 9 sales
4,900 shares at a weighted average price of $192.5735; 303 at $193.3247; 1,100 at $194.6355; 6,368 at $195.4979; 954 at $196.0707
Class A shares sold on November 9, 2026
Class B shares converted
100,889 shares
Converted into Class A shares on November 6, 2026, on a one-to-one basis
Class B shares converted
17,702 shares
Converted into Class A shares on November 9, 2026, on a one-to-one basis
Class A shares gifted
4,077 shares
Gift reported for November 9, 2026
Direct Class A shares held
74,808 shares
Direct holding entry dated November 6, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average price, one-to-one basis
3 terms
Rule 10b5-1 trading plan regulatory
"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.
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.
one-to-one basis technical
"convertible ... on a one-to-one basis"
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