Airbnb executive sells 531,000 shares via trust plan
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Form Type
4
Rhea-AI Filing Summary
Airbnb, Inc. reporting person Nathan Blecharczyk, through a trust, converted 690,000 shares of Class B Common Stock into Class A Common Stock on August 7, 2026, and the trust then sold 531,000 Class A shares in multiple open-market transactions at weighted average prices between $165.00 and $177.21 per share. On August 10, 2026, the trust also made a bona fide gift of 159,000 Class A shares. Following the derivative conversion, the trust held 45,027,201 Class B shares, and Blecharczyk also held 81,631.093 Class A shares directly. The gift and sales were effected under a Rule 10b5-1 trading plan adopted on August 28, 2025.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
16 txns
Insider
Blecharczyk Nathan
Role
Chief Strategy Officer
Sold
531,000 shs ($92.61M)
Approx. gross sale proceeds
$92.61M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock F2 | 159,000 | $0.00 | $0.00 |
| Conversion | Class B Common Stock F1 | 690,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 690,000 | -- | -- |
| Sale | Class A Common Stock F2, F3 | 800 | $165.155 | $132K |
| Sale | Class A Common Stock F2, F4 | 2,723 | $166.5867 | $454K |
| Sale | Class A Common Stock F2, F5 | 13,487 | $167.6514 | $2.26M |
| Sale | Class A Common Stock F2, F6 | 22,100 | $168.5095 | $3.72M |
| Sale | Class A Common Stock F2, F7 | 6,207 | $170.4741 | $1.06M |
| Sale | Class A Common Stock F2, F8 | 16,124 | $171.4788 | $2.76M |
| Sale | Class A Common Stock F2, F9 | 16,725 | $172.8153 | $2.89M |
| Sale | Class A Common Stock F2, F10 | 39,998 | $173.3887 | $6.94M |
| Sale | Class A Common Stock F2, F11 | 122,331 | $174.4508 | $21.34M |
| Sale | Class A Common Stock F2, F12 | 227,419 | $175.5647 | $39.93M |
| Sale | Class A Common Stock F2, F13 | 61,792 | $176.3651 | $10.90M |
| Sale | Class A Common Stock F2, F14 | 1,294 | $177.0613 | $229K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 45,027,201 contracts (Indirect, By Trust);
Class A Common Stock — 12,370 shares (Indirect, By Trust);
Class A Common Stock — 81,631.093 shares (Direct)
Footnotes (14)
- 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 $165.00 to $165.40. 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.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.28 to $166.98. 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 $167.00 to $167.99. 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.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $168.12 to $168.97. 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.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $170.35 to $170.65. 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 $171.10 to $171.98. 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.
- F9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.23 to $172.99. 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.
- F10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.00 to $173.99. 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.
- F11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.00 to $174.99. 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.
- F12. 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 $175.99. 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.
- F13. 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 $176.99. 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.
- F14. 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 $177.21. 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: 531,000 shares
Conversion from Class B to Class A: 690,000 shares
Gifted Class A shares: 159,000 shares
+3 more
6 metrics
Class A shares sold
531,000 shares
Total Class A Common Stock sold indirectly by trust on August 7, 2026
Conversion from Class B to Class A
690,000 shares
Class B Common Stock converted into Class A on August 7, 2026
Gifted Class A shares
159,000 shares
Bona fide gift of Class A Common Stock on August 10, 2026
Trust Class B holdings after conversion
45,027,201 shares
Indirect Class B Common Stock held by trust following conversion
Direct Class A holdings
81,631.093 shares
Class A Common Stock held directly by Nathan Blecharczyk after transactions
Sale price range (Class A)
$165.00–$177.21 per share
Weighted average price ranges from footnotes F3–F14 for August 7, 2026 sales
Key Terms
Rule 10b5-1 trading plan, bona fide gift, weighted average price, Class B Common Stock, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The gift and 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.
bona fide gift regulatory
"transaction_code "G" with description "Bona fide gift" for 159,000 Class A shares"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold"
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.
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.
indirect ownership financial
"ownership_type "indirect" and nature_of_ownership "By Trust" for multiple entries"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Airbnb (ABNB) executive Nathan Blecharczyk report in this Form 4?
Nathan Blecharczyk reported a conversion of 690,000 Class B shares into Class A, sales of 531,000 Class A shares by a trust, and a gift of 159,000 Class A shares, all related to Airbnb, Inc.
Was a Rule 10b5-1 trading plan used for these Airbnb (ABNB) transactions?
Yes. The filing states the gift and sales of Airbnb Class A shares were effected under a Rule 10b5-1 trading plan adopted on August 28, 2025, indicating the transactions followed a pre-arranged schedule.
What direct Airbnb (ABNB) holdings does Nathan Blecharczyk report after these trades?
Nathan Blecharczyk reports 81,631.093 Class A shares held directly after the August 7, 2026 transactions. Other reported positions, including Class A and Class B shares, are held indirectly by a trust associated with him.
Did the Airbnb (ABNB) executive make any gifts of stock in this filing?
Yes. On August 10, 2026, a trust associated with Nathan Blecharczyk made a bona fide gift of 159,000 Class A shares of Airbnb, with the transaction reported using code G for a gift disposition.
AI-generated analysis. How Rhea-AI works. Not financial advice.
