Alfred Lin details Airbnb share conversions and in-kind distributions
Rhea-AI Filing Summary
Alfred Lin, a director of Airbnb, Inc. (ABNB), reported conversions and distributions involving the company’s dual‑class shares. On 11/14/2025, Class B common stock held through Sequoia Capital funds was converted into Class A common stock on a one-for-one basis for 1,771,663 shares in Sequoia Capital Fund, LP and 219,437 shares in Sequoia Capital Fund Parallel, LLC, at a stated price of $0.
The report also shows pro rata in‑kind distributions of the same number of Class A shares from each Sequoia fund to its partners or members for no consideration, reducing the funds’ Class A holdings to 468,272 shares in Sequoia Capital Fund, LP and 42,394 shares in Sequoia Capital Fund Parallel, LLC. In addition, an estate planning vehicle is reported as holding 510,198 Class A shares. Lin may be deemed to share voting and dispositive power over the Sequoia-held shares but disclaims beneficial ownership beyond his economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 1,771,663 | $0.00 | -- |
| Conversion | Class B Common Stock | 219,437 | $0.00 | -- |
| Conversion | Class A Common Stock | 1,771,663 | $0.00 | -- |
| Other | Class A Common Stock | 1,771,663 | $0.00 | -- |
| Conversion | Class A Common Stock | 219,437 | $0.00 | -- |
| Other | Class A Common Stock | 219,845 | $0.00 | -- |
| Other | Class A Common Stock | 30,615 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The Issuer's Class B Common Stock is convertible into the Issuer's Class A Common Stock on a one-for-one basis at the election of the holder thereof and has no expiration date. Represents a pro rata in-kind distribution of shares of Class A Common Stock of the Issuer to partners or members for no consideration and includes subsequent distributions by general partners or managing members to their respective partners or members. The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd is the general partner of Sequoia Capital Fund Management, L.P., which is the general partner of Sequoia Capital Fund, LP ("SCF") and the managing member of Sequoia Capital Fund Parallel, LLC ("SCFP"). As a result, the Reporting Person may be deemed to share voting and dispositive power with respect to the shares held by SCF and SCFP. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
FAQ
What insider transaction did Alfred Lin report for Airbnb (ABNB)?
Alfred Lin reported that on 11/14/2025 Class B common stock held through Sequoia funds was converted into Airbnb Class A common stock and then distributed in kind to fund partners or members for $0 consideration.