ABNB Form 4: Gebbia Disposes Multiple Class A Lots Under 10b5-1 Plan
Rhea-AI Filing Summary
Joseph Gebbia, a director and reported 10% owner of Airbnb, Inc. (ABNB), reported multiple sales of Class A common stock executed on 09/29/2025 under a Rule 10b5-1 trading plan adopted February 26, 2025. The Form 4 lists sales of 586 shares at a weighted average price of $122.9596, 209,614 shares at a weighted average price of $123.4883, and 25,800 shares at a weighted average price of $124.2571. Following these reported transactions, beneficial ownership figures are shown as 1,175,429, 965,815, and 940,015 shares (indirectly, By Sycamore Trust) respectively. The filings were signed by Attorney-in-fact Brian Savage on 10/01/2025. The Form provides weighted price ranges for each sale series and offers to furnish detailed per-transaction pricing on request.
Positive
- None.
Negative
- Insider sales disclosed: Multiple disposals of Class A common stock by Joseph Gebbia on 09/29/2025 are reported, reducing reported beneficial holdings.
- Large lot reported: A sale of 209,614 shares at a weighted average price of $123.4883 is included, which is a sizable single lot in the Form 4.
Insights
TL;DR: Director Joseph Gebbia executed multiple Class A stock sales under a 10b5-1 plan on 09/29/2025; transactions are disclosed in a Form 4.
The Form 4 documents structured sales under an established Rule 10b5-1 trading plan, indicating pre-arranged dispositions rather than ad hoc trades. Reported sale lots include 586 shares at a weighted $122.9596, 209,614 shares at a weighted $123.4883, and 25,800 shares at a weighted $124.2571. Beneficial ownership figures are listed as indirect holdings via Sycamore Trust. From a disclosure perspective, the filing meets Section 16(a) requirements and provides weighted price ranges with an undertaking to furnish per-trade details on request, which aids transparency.
TL;DR: Insiders sold shares through a stated 10b5-1 plan, and the Form 4 supplies requisite details and price ranges.
The filing identifies the reporting person as both a director and a 10% owner and specifies that sales were effected pursuant to a 10b5-1 plan adopted on February 26, 2025. The disclosure lists multiple sale lots with weighted-average prices and confirms indirect ownership via Sycamore Trust. The signature by an attorney-in-fact is included. The filing does not include any information about purpose of sales beyond the trading-plan statement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 586 | $122.9596 | $72K |
| Sale | Class A Common Stock | 209,614 | $123.4883 | $25.88M |
| Sale | Class A Common Stock | 25,800 | $124.2571 | $3.21M |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on February 26, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.95 to $122.975. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.02 to $123.99. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.00 to $124.59. 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.
