Airbnb Insider Sale: CTO Disposes of 5,371 Class A Shares

Rhea-AI Filing Summary

Airbnb insider Aristotle N. Balogh, the company's Chief Technology Officer, reported a sale of 5,371.168 shares of Class A common stock on 08/19/2025 at a reported price of $125.49 per share. Following the transaction, the reporting person beneficially owned 202,605.973 shares. The Form 4 was signed on 08/21/2025 by an attorney-in-fact. No derivative transactions or additional disclosures are included in the filing.

Positive

• None.

Negative

• Insider disposition: The Chief Technology Officer sold 5,371.168 shares, reducing direct beneficial ownership, which investors may view as insider selling.

Insights

Financial Analyst

TL;DR: Insider sale of 5,371 shares at $125.49 reduced holdings to ~202.6k shares; routine disclosure without further context.

The Form 4 documents a direct sale by the Chief Technology Officer rather than an option exercise or derivative transaction. The size of the sale (5,371.168 shares) is modest relative to the remaining beneficial ownership reported. The filing does not state whether the sale was part of a pre-established trading plan or for personal liquidity needs, and it includes no information on timing rationale. Alone, this single Form 4 provides limited signal about company fundamentals but is relevant to monitoring insider activity.

Corporate Governance Expert

TL;DR: Properly executed Form 4 shows an insider disposition; disclosure appears complete but lacks plan attribution.

The report indicates the officer complied with Section 16 reporting by disclosing the sale and remaining beneficial ownership. The form does not check boxes or include explanatory text indicating Rule 10b5-1 plan usage. From a governance perspective, timely filing and signature by an attorney-in-fact satisfy procedural requirements, but absence of plan disclosure leaves the transaction's contemporaneous intent unspecified.

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).

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)
08/19/2025

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	08/19/2025		F		5,371.168	D	$125.49	202,605.973	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:

	/s/ Brian Savage, Attorney-in-fact	08/21/2025
	** 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 insider transaction did ABNB Chief Technology Officer report on Form 4?

The officer reported a sale of 5,371.168 shares of Class A common stock on 08/19/2025 at $125.49 per share.

How many ABNB shares does the reporting person own after the reported transaction?

Following the sale the reporting person beneficially owned 202,605.973 shares of Class A common stock.

Does the Form 4 indicate the sale was made under a 10b5-1 trading plan?

No. The filing does not check or indicate that the transaction was made pursuant to a Rule 10b5-1 trading plan.

When was the Form 4 signed and by whom?

The Form 4 was signed on 08/21/2025 by /s/ Brian Savage, Attorney-in-fact.

Were any derivative or option transactions reported in this Form 4 for ABNB?

No derivative securities, exercises, or related transactions are reported in Table II of this filing.