Airbnb (NASDAQ: ABNB) CAO withholds shares to cover stock tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Airbnb, Inc. Chief Accounting Officer David C. Bernstein reported a routine tax-withholding disposition of 849.939 shares of Class A Common Stock at $134.30 per share. The shares were withheld to satisfy tax obligations, and he continues to hold 49,583.094 shares directly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bernstein David C
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 849.939 | $134.30 | $114K |
Holdings After Transaction:
Class A Common Stock — 49,583.094 shares (Direct, null)
Footnotes (1)
Key Figures
Shares withheld for taxes: 849.939 shares
Tax-withholding price: $134.30 per share
Shares held after transaction: 49,583.094 shares
3 metrics
Shares withheld for taxes
849.939 shares
Tax-withholding disposition of Class A Common Stock
Tax-withholding price
$134.30 per share
Valuation applied to withheld shares
Shares held after transaction
49,583.094 shares
Direct Class A holdings following Form 4 event
Key Terms
tax-withholding disposition, Class A Common Stock, Form 4
3 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 849.939 shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Class A Common Stock financial
"security_title: "Class A Common Stock" in the reported transaction"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) for Airbnb, Inc."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Airbnb (ABNB) insider David C. Bernstein report on this Form 4?
David C. Bernstein, Airbnb’s Chief Accounting Officer, reported a tax-withholding disposition of 849.939 Class A shares. The shares were delivered to cover tax obligations rather than sold in the open market, reflecting a routine administrative transaction.
Does this Airbnb (ABNB) Form 4 reflect an open-market sale by the insider?
No, the Form 4 characterizes the event as a tax-withholding disposition, not an open-market sale. Shares were delivered to cover tax liabilities, a common mechanism when equity awards vest or are exercised, rather than a discretionary sale into the market.