Was Joseph Gebbia’s Airbnb (ABNB) share sale under a Rule 10b5-1 plan?

Yes. The Form 4 states the sales were effected under a Rule 10b5-1 trading plan adopted on August 29, 2025 . Such pre-arranged plans automate trading and can indicate the timing of sales was set in advance.

Gebbia trust sells 58,000 Airbnb (ABNB) shares under 10b5-1 plan

Q: At what prices were the Airbnb (ABNB) shares sold in Gebbia’s Form 4?

The reported sales used weighted average prices with underlying trades ranging from $138.525 to $143.40 per share. Multiple transactions occurred within these ranges, as detailed in the Form 4 footnotes describing the price intervals.

Q: How many Airbnb (ABNB) shares does Sycamore Trust hold after the reported sales?

After the reported transactions, Sycamore Trust holds 109,276 shares of Airbnb Class A Common Stock. These holdings are reported as indirect ownership for Joseph Gebbia in the Form 4’s ownership columns.

Q: How many individual sale transactions are in Gebbia’s Airbnb (ABNB) Form 4?

The Form 4 summarizes six sale transactions of Airbnb Class A Common Stock, all coded as open-market sales. A separate entry records Gebbia’s directly held shares without an associated buy or sell transaction.

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

Airbnb, Inc. director and ten percent owner Joseph Gebbia reported indirect open-market sales of 58,000 shares of Class A Common Stock on May 4, 2026 through Sycamore Trust. The trades were executed under a Rule 10b5-1 trading plan adopted on August 29, 2025, at weighted average prices ranging from $138.525 to $143.40 per share. Following these transactions, Sycamore Trust holds 109,276 shares indirectly, and Gebbia also holds 2,860 shares directly.

Insider Trade Summary 10b5-1

Net Seller: 58,000 shares ($8,141,301)

Net Sell 7 txns

Insider Gebbia Joseph

Role null

Sold 58,000 shs ($8.14M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	2,739	$138.7461	$380K
Sale	Class A Common Stock	16,598	$139.3489	$2.31M
Sale	Class A Common Stock	21,284	$140.3449	$2.99M
Sale	Class A Common Stock	14,522	$141.3928	$2.05M
Sale	Class A Common Stock	1,342	$142.4884	$191K
Sale	Class A Common Stock	1,515	$143.0602	$217K
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 109,276 shares (Indirect, By Sycamore Trust); Class A Common Stock — 2,860 shares (Direct, null)

Footnotes (1)

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 29, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.525 to $138.99. 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 $139.00 to $139.997. 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 $140.00 to $140.9991. 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 $141.00 to $141.9929. 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 $142.00 to $142.9743. 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 $143.00 to $143.40. 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.

Key Figures

Shares sold: 58,000 shares Sale transaction count: 6 transactions Price range: $138.525–$143.40 +4 more

7 metrics

Shares sold 58,000 shares Total Class A shares sold on May 4, 2026

Sale transaction count 6 transactions Open-market sales reported in Form 4

Price range $138.525–$143.40 Weighted-average sale price ranges from footnotes

Indirect holdings after 109,276 shares Sycamore Trust Class A holdings after sales

Direct holdings after 2,860 shares Gebbia’s directly held Class A shares

Net share direction -58,000 shares Net buy/sell shares in transaction summary

Rule 10b5-1 plan date August 29, 2025 Adoption date of pre-arranged trading plan

Key Terms

Rule 10b5-1 trading plan, weighted average price, open-market sale, indirect, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 29, 2025."

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.

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.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

indirect financial

""direct_or_indirect": "I", "nature_of_ownership": "By Sycamore Trust""

Sycamore Trust financial

""nature_of_ownership": "By Sycamore Trust""

Form 4 Insider Transactions: What Each Field Means →

05/06/2026 - 04:30 PM

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^*

Gebbia Joseph

(Last)

(First)

(Middle)

888 BRANNAN STREET

(Street)

SAN FRANCISCO

CALIFORNIA

94103

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Airbnb, Inc. [ ABNB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	05/04/2026		S⁽¹⁾		2,739	D	$138.7461⁽²⁾	109,276	I	By Sycamore Trust
Class A Common Stock	05/04/2026		S⁽¹⁾		16,598	D	$139.3489⁽³⁾	92,678	I	By Sycamore Trust
Class A Common Stock	05/04/2026		S⁽¹⁾		21,284	D	$140.3449⁽⁴⁾	71,394	I	By Sycamore Trust
Class A Common Stock	05/04/2026		S⁽¹⁾		14,522	D	$141.3928⁽⁵⁾	56,872	I	By Sycamore Trust
Class A Common Stock	05/04/2026		S⁽¹⁾		1,342	D	$142.4884⁽⁶⁾	55,530	I	By Sycamore Trust
Class A Common Stock	05/04/2026		S⁽¹⁾		1,515	D	$143.0602⁽⁷⁾	54,015	I	By Sycamore Trust
Class A Common Stock								2,860	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 29, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.525 to $138.99. 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.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $139.00 to $139.997. 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.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $140.00 to $140.9991. 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.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $141.00 to $141.9929. 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.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $142.00 to $142.9743. 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.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $143.00 to $143.40. 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.

	/s/ Brian Savage, Attorney-in-fact	05/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Airbnb (ABNB) disclose for Joseph Gebbia?

Airbnb disclosed that Joseph Gebbia reported indirect open-market sales of 58,000 Class A shares on May 4, 2026 through Sycamore Trust. The filing classifies these as standard open-market transactions rather than option exercises or gifts.

At what prices were the Airbnb (ABNB) shares sold in Gebbia’s Form 4?

The reported sales used weighted average prices with underlying trades ranging from $138.525 to $143.40 per share. Multiple transactions occurred within these ranges, as detailed in the Form 4 footnotes describing the price intervals.

How many Airbnb (ABNB) shares does Sycamore Trust hold after the reported sales?

After the reported transactions, Sycamore Trust holds 109,276 shares of Airbnb Class A Common Stock. These holdings are reported as indirect ownership for Joseph Gebbia in the Form 4’s ownership columns.

How many Airbnb (ABNB) shares does Joseph Gebbia hold directly after this Form 4?

Separate from the trust holdings, the Form 4 shows Joseph Gebbia directly owns 2,860 shares of Airbnb Class A Common Stock. This is listed in a direct ownership entry, distinct from the indirect Sycamore Trust position.

How many individual sale transactions are in Gebbia’s Airbnb (ABNB) Form 4?

The Form 4 summarizes six sale transactions of Airbnb Class A Common Stock, all coded as open-market sales. A separate entry records Gebbia’s directly held shares without an associated buy or sell transaction.