Airbnb: Nathan Blecharczyk's trust sells 13,615 shares
The reported gift and sales were made under a Rule 10b5-1 trading plan adopted August 28, 2025.
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Form Type
4
Rhea-AI Filing Summary
Airbnb, Inc. Chief Strategy Officer and director Nathan Blecharczyk reported that a trust converted 17,692 Class B shares into 17,692 Class A shares on October 26, 2026. The reported Class B position following the conversion was 44,331,088 shares. The trust also gave 4,077 Class A shares and sold 13,615 Class A shares that day; the gift and sales were made under a Rule 10b5-1 trading plan adopted August 28, 2025.
The sales comprised 2,500 shares at a weighted-average $169.7044, 5,401 at $170.6529, 5,614 at $171.4400, and 100 at $172.0000.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
8 txns
Insider
Blecharczyk Nathan
Role
Chief Strategy Officer
Sold
13,615 shs ($2.33M)
Approx. gross sale proceeds
$2.33M
| 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 | 2,500 | $169.7044 | $424K |
| Sale | Class A Common Stock F2, F4 | 5,401 | $170.6529 | $922K |
| Sale | Class A Common Stock F2, F5 | 5,614 | $171.44 | $962K |
| Sale | Class A Common Stock F2 | 100 | $172.00 | $17K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 44,331,088 contracts (Indirect, By Trust);
Class A Common Stock — 20,567 shares (Indirect, By Trust);
Class A Common Stock — 74,808.445 shares (Direct)
Footnotes (5)
- 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 $169.29 to $169.995. 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 $170.04 to $170.995. 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 $171.005 to $171.885. 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 through conversion: 17,692 shares
Class A shares given as a gift: 4,077 shares
+5 more
8 metrics
Class B shares converted
17,692 shares
October 26, 2026; held indirectly by a trust
Class A shares acquired through conversion
17,692 shares
October 26, 2026; held indirectly by a trust
Class A shares given as a gift
4,077 shares
October 26, 2026; held indirectly by a trust
Class B shares following conversion
44,331,088 shares
Reported position after the October 26, 2026 transaction
Weighted-average sale price
$169.7044 per share
2,500 Class A shares sold on October 26, 2026
Weighted-average sale price
$170.6529 per share
5,401 Class A shares sold on October 26, 2026
Weighted-average sale price
$171.4400 per share
5,614 Class A shares sold on October 26, 2026
Sale price
$172.0000 per share
100 Class A shares sold on October 26, 2026
Key Terms
Class B Common Stock, Class A Common Stock, Rule 10b5-1 trading plan, weighted average price
4 terms
Class B Common Stock financial
"The Class B Common Stock is convertible at any time"
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
"were 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.
FAQ
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