Airbnb (ABNB) strategy chief converts Class B stock, sells 13,615 shares
Rhea-AI Filing Summary
Airbnb, Inc. (ABNB) reported that director and Chief Strategy Officer Nathan Blecharczyk, through a trust, converted 17,692 shares of Class B Common Stock into an equal number of Class A shares, consistent with the Class B one-to-one convertibility terms. On the same date, the trust sold an aggregate of 13,615 Class A shares in open-market transactions at weighted average prices of $182.5383 and $183.5084 per share, and made a bona fide gift of 4,077 Class A shares. Following the derivative conversion, the trust held 45,009,109 Class B shares, and Blecharczyk also held 81,631.093 Class A shares directly. The gift and sales were effected under a Rule 10b5-1 trading plan adopted on August 28, 2025, indicating they were executed pursuant to a pre-arranged plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
Blecharczyk Nathan
Role
Chief Strategy Officer
Sold
13,615 shs ($2.49M)
Approx. gross sale proceeds
$2.49M
| 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 | -- | -- |
| Sale | Class A Common Stock F2, F3 | 9,133 | $182.5383 | $1.67M |
| Sale | Class A Common Stock F2, F4 | 4,482 | $183.5084 | $822K |
| Gift | Class A Common Stock F2 | 4,077 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 45,009,109 shares (Indirect, By Trust);
Class A Common Stock — 20,117 shares (Indirect, By Trust);
Class A Common Stock — 81,631.093 shares (Direct)
Footnotes (4)
- 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 $182.02 to $182.95. 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 $183.18 to $183.715. 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 to Class A conversion: 17,692 shares
Class A shares sold: 13,615 shares
Weighted average sale price (block 1): $182.5383 per share
+4 more
7 metrics
Class B to Class A conversion
17,692 shares
Class B Common Stock converted into Class A Common Stock on August 17, 2026
Class A shares sold
13,615 shares
Aggregate Class A shares sold indirectly by trust on August 17, 2026
Weighted average sale price (block 1)
$182.5383 per share
Weighted average price for 9,133 Class A shares sold; individual trades $182.02–$182.95
Weighted average sale price (block 2)
$183.5084 per share
Weighted average price for 4,482 Class A shares sold; individual trades $183.18–$183.715
Class A shares gifted
4,077 shares
Bona fide gift of Class A Common Stock by trust on August 17, 2026
Class B shares held by trust
45,009,109 shares
Indirect Class B Common Stock holdings following the reported conversion
Direct Class A holdings
81,631.093 shares
Direct Class A Common Stock held by Nathan Blecharczyk after these transactions
Key Terms
Class B Common Stock, Class A Common Stock, Rule 10b5-1 trading plan, bona fide gift, +1 more
5 terms
Class B Common Stock financial
"The Class B Common Stock is convertible at any time at the option"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Class A Common Stock financial
"into the Issuer's Class A Common Stock on a one-to-one basis"
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.
Rule 10b5-1 trading plan regulatory
"effected pursuant to a Rule 10b5-1 trading plan adopted on August 28, 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.
bona fide gift financial
"transaction_code_description":"Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
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.
FAQ
What did Airbnb (ABNB) insider Nathan Blecharczyk report on this Form 4?
Nathan Blecharczyk reported a conversion of 17,692 Class B shares to Class A, sales totaling 13,615 Class A shares, and a gift of 4,077 Class A shares, all held indirectly through a trust and executed on August 17, 2026.
Were the Airbnb (ABNB) insider transactions made under a Rule 10b5-1 plan?
Yes. The filing states that the gift and sales were effected under a Rule 10b5-1 trading plan adopted on August 28, 2025, meaning the transactions followed a pre-established trading schedule.
What are Nathan Blecharczyk’s direct Airbnb (ABNB) Class A holdings after these transactions?
The Form 4 reports that Nathan Blecharczyk directly held 81,631.093 shares of Class A Common Stock after the reported transactions, separate from the larger indirect holdings maintained through a trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.
