Airbnb CEO trust sells 20,000 Class A shares
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Form Type
4
Rhea-AI Filing Summary
Airbnb CEO and Chairman Brian Chesky, through the 2016 Legacy Trust B, converted 20,000 shares of Class B Common Stock into 20,000 shares of Class A Common Stock on August 7, 2026, then executed 14 open-market sales totaling 20,000 Class A shares under a Rule 10b5-1 trading plan adopted on February 26, 2026. Chesky continues to hold substantial Class B positions, including 45,658,806 Class B shares directly, each convertible into Class A on a one-to-one basis.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
23 txns
Insider
Chesky Brian
Role
CEO and Chairman
Sold
20,000 shs ($3.47M)
Approx. gross sale proceeds
$3.47M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1 | 20,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 20,000 | -- | -- |
| Sale | Class A Common Stock F2, F3 | 1,410 | $165.1674 | $233K |
| Sale | Class A Common Stock F2, F4 | 900 | $166.2356 | $150K |
| Sale | Class A Common Stock F2, F5 | 600 | $167.6567 | $101K |
| Sale | Class A Common Stock F2, F6 | 365 | $168.2963 | $61K |
| Sale | Class A Common Stock F2, F7 | 1,102 | $169.1038 | $186K |
| Sale | Class A Common Stock F2, F8 | 138 | $170.8359 | $24K |
| Sale | Class A Common Stock F2, F9 | 136 | $171.4697 | $23K |
| Sale | Class A Common Stock F2, F10 | 289 | $172.5392 | $50K |
| Sale | Class A Common Stock F2, F11 | 1,346 | $173.4914 | $234K |
| Sale | Class A Common Stock F2, F12 | 3,622 | $174.5604 | $632K |
| Sale | Class A Common Stock F2, F13 | 5,847 | $175.5252 | $1.03M |
| Sale | Class A Common Stock F2, F14 | 1,354 | $176.3928 | $239K |
| Sale | Class A Common Stock F2, F15 | 2,181 | $177.4881 | $387K |
| Sale | Class A Common Stock F2, F16 | 710 | $178.1141 | $126K |
| holding | Class B Common Stock F1 | -- | -- | -- |
| holding | Class B Common Stock F1 | -- | -- | -- |
| holding | Class B Common Stock F1 | -- | -- | -- |
| holding | Class B Common Stock F1 | -- | -- | -- |
| holding | Class B Common Stock F1 | -- | -- | -- |
| holding | Class B Common Stock F1 | -- | -- | -- |
| holding | Class B Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 136,131 contracts (Indirect, By 2016 Legacy Trust B);
Class A Common Stock — 5,854 shares (Indirect, By 2016 Legacy Trust B);
Class B Common Stock — 45,658,806 contracts (Direct);
Class B Common Stock — 63,655 contracts (Indirect, By 2016 Legacy Trust);
Class B Common Stock — 15,266 contracts (Indirect, By 2016 Long-Term Trust);
Class B Common Stock — 542,417 contracts (Indirect, By 2025 GRAT A);
Class B Common Stock — 1,055,725 contracts (Indirect, By 2025 GRAT B);
Class B Common Stock — 10,000,000 contracts (Indirect, By 2026 GRAT A);
Class B Common Stock — 5,000,000 contracts (Indirect, By 2026 GRAT B)
Footnotes (16)
- 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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on February 26, 2026.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.00 to $165.655. 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 $166.02 to $166.99. 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.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.63 to $167.69. 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 $168.09 to $168.46. 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 $169.025 to $169.40. 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 $170.81 to $170.88. 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 $171.43 to $171.58. 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.
- F10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.14 to $172.98. 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.
- F11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.04 to $173.87. 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.
- F12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.05 to $174.98. 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.
- F13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.00 to $175.97. 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.
- F14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.00 to $176.98. 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.
- F15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $177.00 to $177.98. 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.
- F16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $178.00 to $178.28. 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 converted: 20,000 shares of Class B into Class A
Shares sold: 20,000 shares of Class A Common Stock
Sale price range: $165.00 to $178.28 per share
+4 more
7 metrics
Shares converted
20,000 shares of Class B into Class A
Conversion by 2016 Legacy Trust B on August 7, 2026
Shares sold
20,000 shares of Class A Common Stock
Total across 14 open-market sale transactions on August 7, 2026
Sale price range
$165.00 to $178.28 per share
Ranges for weighted average sale prices across footnotes F3–F16
Direct Class B holdings
45,658,806 shares
Class B Common Stock directly held, each convertible into one Class A share
2026 GRAT A Class B holdings
10,000,000 shares
Indirect Class B Common Stock held by 2026 GRAT A, convertible into Class A
2026 GRAT B Class B holdings
5,000,000 shares
Indirect Class B Common Stock held by 2026 GRAT B, convertible into Class A
10b5-1 plan adoption date
February 26, 2026
Rule 10b5-1 trading plan governing the reported August 7, 2026 sales
Key Terms
Rule 10b5-1 trading plan, Class B Common Stock, weighted average price, grantor retained annuity trust (GRAT)
4 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.
Class B Common Stock financial
"The Class B Common Stock is convertible at any time at the option of the holder"
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.
grantor retained annuity trust (GRAT) financial
"By 2025 GRAT A ... By 2026 GRAT A ... By 2026 GRAT B"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Airbnb (ABNB) CEO Brian Chesky report on August 7, 2026?
Brian Chesky reported a conversion of 20,000 Class B shares into 20,000 Class A shares through the 2016 Legacy Trust B, followed by 14 open-market sales totaling 20,000 Class A shares on the same date.
Were Brian Chesky’s August 7, 2026 Airbnb (ABNB) stock sales under a 10b5-1 plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on February 26, 2026, meaning the trades were pre-arranged under that plan rather than discretionary on the trade date.
What is the significance of Class B Common Stock in Airbnb (ABNB) for Brian Chesky?
Airbnb’s Class B Common Stock held by Chesky is convertible at any time into Class A on a one-to-one basis and is also subject to automatic conversion upon certain transfers, a supermajority Class B vote, or after 20 years from the IPO closing.
Through which entity were Brian Chesky’s August 7, 2026 Airbnb (ABNB) sales made?
The Form 4 attributes the conversion and subsequent sales to the 2016 Legacy Trust B, with Chesky’s ownership reported as indirect through that trust for the affected Class A and Class B shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
