Airbnb strategy chief’s trust sells 13,615 shares
The trust's gift and five sales were made pursuant to a Rule 10b5-1 plan adopted August 28, 2025.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Airbnb, Inc. Chief Strategy Officer Nathan Blecharczyk reported trust-held transactions on October 12, 2026: 17,692 Class B shares converted one-for-one into 17,692 Class A shares, with 44,348,780 Class B shares reported following the conversion. The trust gave 4,077 Class A shares and sold 13,615 Class A shares in five transactions. The gift and sales were made pursuant to a Rule 10b5-1 trading plan adopted August 28, 2025.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
9 txns
Insider
Blecharczyk Nathan
Role
Chief Strategy Officer
Sold
13,615 shs ($2.25M)
Approx. gross sale proceeds
$2.25M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1 | 17,692 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 17,692 | -- | -- |
| Gift | Class A Common Stock F2 | 4,077 | $0.00 | $0.00 |
| Sale | Class A Common Stock F2, F3 | 2,852 | $163.4469 | $466K |
| Sale | Class A Common Stock F2, F4 | 4,267 | $164.7228 | $703K |
| Sale | Class A Common Stock F2, F5 | 2,248 | $165.4406 | $372K |
| Sale | Class A Common Stock F2, F6 | 3,248 | $166.5216 | $541K |
| Sale | Class A Common Stock F2, F7 | 1,000 | $167.185 | $167K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 44,348,780 contracts (Indirect, By Trust);
Class A Common Stock — 20,567 shares (Indirect, By Trust);
Class A Common Stock — 74,808.445 shares (Direct)
Footnotes (7)
- 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 $163.195 to $163.99. 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.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $164.47 to $164.965. 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 $165.05 to $165.80. 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 $166.00 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.
- F7. 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 $167.33. 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 B shares converted: 17,692 shares
Class A shares acquired: 17,692 shares
Class B shares following conversion: 44,348,780 shares
+3 more
6 metrics
Class B shares converted
17,692 shares
Trust-held conversion on October 12, 2026
Class A shares acquired
17,692 shares
One-to-one conversion on October 12, 2026
Class B shares following conversion
44,348,780 shares
Reported following the conversion on October 12, 2026
Class A shares gifted
4,077 shares
Trust-held gift on October 12, 2026
Class A shares sold
13,615 shares
Five trust-held sales on October 12, 2026
Weighted-average sale prices
2,852 shares at $163.4469; 4,267 shares at $164.7228; 2,248 shares at $165.4406; 3,248 shares at $166.5216; 1,000 shares at $167.1850
Sales on October 12, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average price, one-to-one basis
3 terms
Rule 10b5-1 trading plan financial
"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.
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.
one-to-one basis financial
"convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.
