ABNB Form 4: Aristotle Balogh disposes 600 Class A shares

Rhea-AI Filing Summary

Airbnb insider sale under 10b5-1 plan: Chief Technology Officer Aristotle N. Balogh reported a sale of 600 shares of Class A common stock on 08/21/2025 at a price of $124.96 per share. The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on 02/27/2025. After the transaction, the reporting person beneficially owned 202,005.973 shares, held directly. The Form 4 was signed by an attorney-in-fact on 08/25/2025.

Insights

Securities Analyst

TL;DR: Routine, preplanned insider sale with negligible immediate market impact.

The reported sale of 600 Class A shares under a Rule 10b5-1 plan indicates the transaction was pre-authorized and not a spontaneous insider trade. The size of the sale (600 shares at $124.96) is small relative to the reported remaining beneficial ownership (202,005.973 shares), suggesting limited effect on ownership concentration or market supply. Disclosure appears compliant with Section 16 reporting requirements.

Corporate Governance Expert

TL;DR: Governance practices followed; use of 10b5-1 plan provides affirmative defense.

The Form 4 explicitly notes the Rule 10b5-1 trading plan adoption date (02/27/2025), which supports the officer's affirmative defense against insider trading claims for the reported sale on 08/21/2025. The filing shows direct beneficial ownership and includes an attorney-in-fact signature, indicating procedural adherence to reporting formalities. No additional governance concerns are evident from this single transaction.

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).

X

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^*

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)
08/21/2025

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	08/21/2025		S(1)		600	D	$124.96	202,005.973	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	08/25/2025
	** 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 ABNB insider Aristotle Balogh report on the Form 4?

The Form 4 reports a sale of 600 Class A shares of Airbnb on 08/21/2025 at $124.96 per share, leaving 202,005.973 shares beneficially owned.

Was the sale by the ABNB officer part of a trading plan?

Yes. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on 02/27/2025, as stated in the Form 4.

What is the reporting person's role at Airbnb (ABNB)?

The reporting person, Aristotle N. Balogh, is listed as an Officer with the title Chief Technology Officer.

Who signed the Form 4 and when?

The Form 4 was signed by Brian Savage, Attorney-in-fact on 08/25/2025, per the filing.

Does the Form 4 indicate direct or indirect ownership after the sale?

The filing shows direct ownership (denoted 'D') of 202,005.973 Class A shares following the transaction.