[Form 4] Airbnb, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Airbnb, Inc. (ABNB) Form 4 key points

• CTO Aristotle N. Balogh sold 600 Class A shares on 07/24/2025 at $139.39 per share under a Rule 10b5-1 trading plan adopted 02/27/2025.
• Estimated proceeds: roughly $83.6 k.
• Balogh now directly owns 209,777.141 Class A shares.
• No derivative security transactions were reported.

The disposition represents only ~0.29 % of the executive’s reported holdings and does not alter his role as Chief Technology Officer. Because the trade was pre-scheduled, it is generally considered routine liquidity rather than a directional signal about Airbnb’s fundamentals.

Insights

Securities Analyst

TL;DR: Small, pre-planned sale; neutral signal for investors.

The 600-share sale equates to under 0.3 % of Balogh’s stake, yielding about $84 k and leaving a sizable 210 k-share position. Given the Rule 10b5-1 framework, the transaction appears routine and carries limited informational value regarding near-term performance or insider sentiment. I view the filing as non-impactful to ABNB’s investment thesis.

Corporate Governance Expert

TL;DR: Governance-compliant trade; no red flags detected.

Use of a 10b5-1 plan and prompt Form 4 submission indicate strong compliance with insider-trading rules. The modest size relative to total ownership and absence of derivative activity reduce concerns about potential negative signaling. From a governance standpoint, the event is routine and unlikely to influence shareholder perspectives.

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).

1. Name and Address of Reporting Person^*

BALOGH ARISTOTLE N

(Last) (First) (Middle)

888 BRANNAN STREET

(Street)

SAN FRANCISCO CA 94103

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2025

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	07/24/2025		S(1)		600	D	$139.39	209,777.141	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on February 27, 2025.

	/s/ Brian Savage, Attorney-in-fact	07/28/2025
	** 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.

FAQ

How many Airbnb (ABNB) shares did CTO Aristotle Balogh sell?

He sold 600 Class A shares.

What price did the ABNB insider receive per share?

The reported sale price was $139.39 per share.

What is Balogh’s remaining ABNB share ownership after the sale?

He now directly holds 209,777.141 Class A shares.

Was the transaction part of a pre-planned trading program?

Yes. The sale was conducted under a Rule 10b5-1 plan adopted on 02/27/2025.

Does this Form 4 filing indicate any derivative security activity?

No. No derivative securities were reported in the filing.