ABNB Form 4: Aristotle Balogh Sells 600 Class A Shares Under 10b5-1 Plan

Rhea-AI Filing Summary

Aristotle N. Balogh, Chief Technology Officer at Airbnb, Inc. (ABNB), reported a sale of Class A common stock. On 08/28/2025 he disposed of 600 shares at a price of $130.19 per share. After the reported sale he is shown as beneficially owning 201,405.973 shares, held directly. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on February 27, 2025, and the Form 4 was signed by an attorney-in-fact on 09/02/2025. The disclosure identifies his role and confirms the transaction was made under a pre-established plan, indicating it was not an ad hoc trade.

Positive

• Transaction executed under a Rule 10b5-1 trading plan, indicating a pre-established, documented trading arrangement
• Clear disclosure of post-transaction beneficial ownership (201,405.973 shares) and precise transaction details (date, shares, price)
• Form filed and signed by authorized attorney-in-fact, showing procedural compliance for the filing

Negative

• None.

Insights

Financial Analyst

TL;DR: Officer sale of 600 ABNB shares under a 10b5-1 plan; small reported disposition relative to total holdings.

The filing documents a routine insider sale executed under a Rule 10b5-1 plan, which provides an affirmative defense for trades by insiders when properly adopted. The transaction size—600 Class A shares at $130.19—represents a clearly stated disposition amount, and the post-transaction beneficial ownership is reported precisely as 201,405.973 shares. From a reporting and disclosure perspective the Form 4 provides the key items investors track: transaction date, price, volume, ownership after the trade, and the existence of a trading plan.

Corporate Governance Expert

TL;DR: The insider sale was disclosed and executed under a documented 10b5-1 plan, aligning with standard governance practices.

The form specifies the trading plan adoption date (February 27, 2025) and indicates the sale was made pursuant to that plan, which supports compliance with insider trading policies. The Form 4 is signed by an attorney-in-fact, consistent with authorized filing procedures. The disclosure contains no additional governance issues, such as amendments or related-party transactions, and limits its scope to the reported sale and resulting direct ownership.

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).

X

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^*

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)
08/28/2025

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	08/28/2025		S(1)		600	D	$130.19	201,405.973	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	09/02/2025
	** 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

What did ABNB insider Aristotle Balogh sell?

He sold 600 Class A common shares of Airbnb, Inc. on 08/28/2025 at $130.19 per share.

Was the sale by Aristotle Balogh part of a trading plan?

Yes. The Form 4 states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on February 27, 2025.

How many ABNB shares does Aristotle Balogh beneficially own after the sale?

The filing reports 201,405.973 shares beneficially owned following the reported transaction.

Who signed the Form 4 filing for this transaction?

The Form 4 bears the signature of Brian Savage, Attorney-in-fact, dated 09/02/2025.

What price was reported for the sale on the Form 4?

The reported sale price was $130.19 per share.